Because the difference of risk coefficient may directly affect the final income, so try not to invest a lot of money in a wealth management product, allocate it reasonably and reduce the risk. If a product can't break even except the problem, there are other products that can be used as backups to achieve the balance of assets.

"Financial management" is often used with "investment and financial management" because "financial management" includes "investment" and "investment" includes "financial management". The so-called financial management is not only about investing in financial management, but also about being invested. If you don't know how to invest, you don't know how to manage money better.

Extended data

Pay attention to when choosing savings and financial management:

1. Attention should be paid to the terminology of species.

Participating in bank savings deposits, different types of deposits have different characteristics, and different deposit periods will earn different interest. Current savings deposits are suitable for living expenses, flexible, convenient and adaptable; Time savings deposit is suitable for life savings. The longer the deposit time, the higher the interest rate and the stronger the planning. Savings deposit is fixed deposit and lump sum withdrawal, which is suitable for balance storage and has strong accumulation.

When choosing the type and term of deposit, you can't determine it according to your own wishes, but according to your own consumption level and the use of money. In addition, the interest rate of bank savings deposits changes frequently now, so when you choose fixed-term savings deposits, try to choose short-term savings deposits.

2. Don't choose "special" numbers as passwords.

Many people will add a password to their savings, but they can't choose a password. For example, some people like to choose their deepest birthday as their password, so they won't have high confidentiality. Birthday can be known to others through ID cards, household registration books, resumes, etc.

3. Separate a lot of cash.

Many people like to take several certificates of deposit with very close maturities to the bank for deposit, so that they can have a "large" certificate of deposit, or just open a certificate of deposit with a large amount of cash in the bank. Although it is easy to keep, it is not appropriate from the perspective of people's savings and financial management, and sometimes it will lose "interest" invisibly.

China's new "Regulations on Savings Management" not only stipulates that the overdue part of time savings deposits shall be calculated according to the current savings rate announced on the same day, but also stipulates that the interest of time savings deposits shall be calculated according to the current savings rate announced on the same day, no matter how long they have been deposited.

In this way, the time deposit certificate will not expire, and once a small amount of cash is used, the "large" deposit certificate will be used, which will cause great losses. The correct way is that if you have a deposit of 10000 yuan, you can divide it into four certificates of deposit, and arrange them according to the amount, for example, one for 4000 yuan, one for 3000 yuan, one for 2000 yuan, and one for 1000 yuan. In this way, once you need money urgently, the interest loss will be minimized.

Baidu encyclopedia-wealth management

People's Network-Precautions for Saving and Financial Management