Money is not everything, but there is nothing you can do without money. The following is what I have compiled on how to manage finances during the 33 years when money is most needed in life.

Welcome to read for reference! 20~30 years old: Before the investable principal is less than 200,000, please work hard. Nowadays, young people are so keen on investing. I am very lucky.

But I tell you seriously.

Your age is not suitable for real investment and financial management.

For now, I only recommend that you master basic investment knowledge and learn to plan and manage money.

At this stage, the most suitable investment method for you is: invest in yourself.

No matter what method you use, improve your work ability as soon as possible, achieve success in the workplace as quickly as possible, and lay a solid foundation for future investment plans.

Why don’t I approve of young people trying to invest?

When you have less than 200,000 investable capital on hand, there is no need to invest in financial management.

If you are 20 to 30 years old (no investment experience + small capital), it is difficult for a wise woman to make a meal without rice.

For example: Suppose you are really talented in investing and you can earn 30% in the stock market in a year. Then it took you a whole year to earn 30% in the stock market (30% gain = 60,000

RMB).

What is the risk and time cost behind this 60,000 yuan?

If your monthly salary is only 5K, how difficult is it to advance to a monthly income of more than 10K through hard work?

I believe that for most people, it is very easy to advance from a monthly salary of 5K to a monthly salary of 10K. The increase in monthly salary is permanent, and you cannot guarantee that you will earn 30% of the income this year and 30% of the income next year.

Earn another 30% profit.

When you are 20-30 years old, what you lack most is the ability to work, not the ability to invest.

The truth about getting rich by investing lies in the principal. If your principal is too low, compound interest and high interest rates cannot save you.

Moreover, compound interest and high interest rates are not skills that a young person can easily master.

Please listen to this advice: Young people, do something serious while you are still young, and don’t let your youth go to waste by chasing small amounts of interest.

20 to 30 years old, how many major things do you have to do at this stage of your life?

From a student to a social worker, you are simply too busy at work/career; Having reached the marriageable age, the voices in your ears are gradually leaning toward buying a car, buying a house, buying a property, and getting married (gifts, love costs); Use

In the shortest time, from a monthly salary of 5K to an annual salary of 100,000, 200,000, and 500,000.

What advantages do you have as a young person?

Time cost is not valuable; Trial and error is allowed; Energetic and strong learning ability; Encountering the best and worst era, Internet financial welfare / sky-high real estate prices.

Finally, let me speak clearly.

There are many examples of people who have become rich through investment and become winners in life, such as real estate speculation, purchasing private equity funds, high-end collectibles, offline new projects, Pre-IPO funds, etc. in the past ten years, but the core problem is: these investment opportunities are all

Has a very high threshold.

Before you reach the threshold, please invest in yourself first.

The capital market is in turmoil. If you can't make any small achievements in the workplace, how can you "survive" in the capital market like this?

Therefore, the most important thing for people at this stage is to invest in themselves, prepare for a rainy day, have the awareness of investment, and formulate reasonable future plans.

Finally, this investment template is only dedicated to every hard-working young person.

This group of people devote absolute energy to their work/career, and they only spend 1% of their time planning financial management. When your monthly salary is less than 15K, this investment template is more suitable for you.

Bank financing?

Young people don't like this at all. Can we see this little profit?

Investment fund?

Fund selection is a technical activity. Funds with wrong selection will underperform the market + subscription fees + management fees. Can the story of fixed investment deceive you?

Investing in real estate?

This cannot be said to be an investment, it can only be said to be spending all your money to buy what you need.

Futures investment?

I would rather you invest in the stock market than touch this.

There are not many investment targets suitable for young people who can only take time to manage money in their busy schedule. I only recommend 2.

One is P2P for big brands, and the other is investing in the stock market.

P2P investment, matching 60% of funds I once said that this is the best and worst era for young people, Internet financial benefits/real estate prices are astronomical.

After the Ezubao incident, P2P supervision has become more stringent, and the future will be a "big brand" pattern.

At present, more and more big brands are covering mutual financial services. In order to launch mutual financial services, big brands now have 6%-9% profit targets. This type of target is very suitable for you, a young person.