personal financial planning is a process of properly managing personal (or family) financial resources and achieving life goals by making financial plans, including savings planning, securities investment planning, real estate planning, insurance planning, education planning, personal tax planning, retirement planning and inheritance planning. \ xd \ xd \ one. Savings planning: Savings planning is the source of all financial management. \xd\ By analyzing the family cash flow structure. Look for possible ways to increase family savings and design a reasonable family savings planning scheme, so as to increase family savings. Savings planning tools can be divided into current savings and fixed savings. \xd\\xd\ two. Securities investment planning. Securities investment planning often occupies a high proportion in the total personal investment. According to the maturity and risk-return characteristics, securities investment instruments are divided into money market instruments, fixed income instruments, equity instruments and financial derivatives. The securities investment plan requires individuals \xd\ financial planners to fully understand customers' risk preferences and investment needs, and make the investment portfolio not only meet customers' liquidity requirements and risk tolerance, but also get sufficient returns through reasonable asset allocation \ xd \ xd \ III. Real estate investment planning. Real estate investment is a long-term large investment, which has obvious investment value besides personal consumption. Investors buy real estate mainly for four reasons: living by themselves, renting out, speculating for profit and reducing taxes. Financial planners should not only have a deep understanding of the laws and regulations of the host country's real estate and various factors affecting real estate, but also have a detailed understanding of the customer's ability to pay and various regulations of the financial institutions in the host country on real estate finance, so as to help customers determine the most reasonable real estate purchase plan. \xd\\xd\ four. Educational planning: Educational investment is an intellectual investment, which can not only improve people's cultural level and quality of life. It can also enable the educated to increase their human capital. Education investment can be divided into two categories: customers' own education investment and children's education investment. When financial planners help their clients with their education investment plans, they should first analyze their education needs and the basic situation of their children, determine their future education investment fund needs, then analyze their income status, and determine the sources of education investment funds for their clients and their children according to specific conditions. Finally, they should comprehensively use various investment tools to bridge the gap between their education investment sources and needs. \xd\\xd\ five. Insurance planning: Insurance planning is an indispensable part of a complete financial planning. The purpose of personal insurance is for the safety and stability of personal and family life. Starting from this purpose, we should mainly master the principle of transferring risks and doing what we can when applying for insurance, and make effective insurance planning through certain steps. \xd\\xd\ six. Tax planning: tax planning is to legally reduce the tax burden by using various tax planning strategies such as income decomposition and transfer, income postponement, investment in capital gains, asset sales, leveraged investment, tax deduction and so on under the premise of fully understanding the domestic tax system. \xd\\xd\ seven. Retirement planning: Retirement planning is a long-term process, which can not be solved simply by saving a sum of money before retirement. Individuals should set their goals and make detailed plans decades before retirement. Making a retirement plan early can not only make your retirement life more secure, but also reduce the burden on your children. \xd\\xd\ eight. Estate planning: The purpose of estate planning is to help customers manage their estates efficiently and transfer them to beneficiaries smoothly.