The second is to grasp the current income and expenditure and assets and liabilities;

The third is how to use investment channels to increase wealth.

Let's look at how to make financial planning through an example.

Little H, female, 28 years old, graduated from college for 5 years. Currently working in a state-owned enterprise and living in a single dormitory.

20 18 Xiao H is going to invest and open a small shop with friends after work. The initial investment needs about 60,000 yuan, and it is estimated that the business income in 20 19 will reach 654.38+10,000 yuan.

Xiao H's current personal income: 6,000 yuan, with no other income except time deposit interest.

Let's look at her assets first:

balance sheet

Income and Expenditure Statement (Monthly)

Income and Expenditure Statement (Year)

★ Revenue and expenditure status:

As can be seen from Xiao H's income and expenditure statement, her annual balance is nearly 70%, which is a good proportion. It shows that she knows how to control her expenses reasonably.

In view of the investment plan of opening a store on 20 18, it is suggested to develop the habit of keeping accounts, make a budget for large expenditures, and then make a reasonable plan for future funds.

★ Financial guarantee:

Xiao H works in a state-owned enterprise, with social security but no commercial insurance.

It is suggested that 3%-5% of the annual income should be used to purchase commercial insurance premiums when the social security payment is complete.

That is, the commercial insurance premium expenditure should be between 2000 yuan and 3600 yuan.

In view of the fact that she does not pay commercial insurance at present, it is suggested to allocate commercial insurance with higher protection, such as term life insurance, accident insurance and (consumer) critical illness insurance.

★ Asset status:

At present, Xiao H's assets are all bank deposits (demand and time deposits), and the asset allocation is conservative.

In fact, from her financial analysis, they have a sound risk tolerance, and it is suggested to re-plan the current deposits and future funds reasonably.

The allocation of financial assets needs to comprehensively consider the actual use and liquidity of funds, which can be divided into three parts: medium and long-term investment, short-term investment and emergency reserve.

Let's analyze one by one:

contingency reserve arrangement

In daily life, there will always be times when money is suddenly used, such as medical expenses for family members who are sick, money for relatives and friends to get married, and so on.

So you need to save some reserve funds to deal with emergencies. Xiao H's emergency reserve fund should be between 3500 and 7500, and a small amount of demand deposits and some money funds can be deposited.

temporary investments

Xiao H's current time deposit is 36,000 yuan, which will expire in June, 2065, with 438+08. After the deposit expires, the year-end bonus of 2065,438+07 will be used for venture capital.

If venture capital doesn't need a one-time investment, it is suggested to buy some money funds first and make full use of the capital income.

☆ long-term investment

According to Xiao H's personal risk tolerance, her income in the next year will be more than one year.

For medium and long-term investments, you can allocate assets according to the following suggestions:

Divide the monthly balance into three parts:

One is low-risk investment products.

Such as: capital preservation fund, partial debt mixed fund, or wealth management bond fund.

The second part is used for medium and high risk investment products.

Such as: stock funds, index funds, hybrid funds, precious metals, stocks and so on.

The third copy can be flexibly allocated according to market conditions and personal needs to seize market investment opportunities.

Because investing in opening a shop and starting a business itself has certain risks, it is suggested that this part of the funds should be kept in a certain liquidity to prevent unexpected needs in the process of starting a business.

The above is a simple financial planning in Qian Qian, taking Xiao H as an example. It is suggested that you can make a suitable investment plan according to your financial objectives, investment period and risk tolerance.

Financial management is to manage life. From now on, we should manage our money, pay attention to it and master the correct methods.

Even if you earn only a few thousand dollars a month, you can live a rich, happy and interesting life like little H.