There is no absolute difference between the two types of financial management methods, and you can choose according to your own needs.

1. From the short-term return point of view, the income of time deposit is higher than that of financial insurance, but from the long-term return point of view, the income of financial management is higher than that of time deposit.

2. In terms of flexibility, time deposit is more flexible than financial insurance. Generally, the term is short and can be withdrawn after maturity.

3. From the perspective of inheritance function, financial insurance has certain inheritance function. It can designate beneficiaries, and it can also play the role of reasonable tax avoidance, while time deposits do not.

4. From the investment point of view, the investment threshold of time deposit is lower than that of financial insurance. If the budget is insufficient, you can choose time deposit, and if the budget is sufficient, you can choose financial insurance.