A mother plays a very important role in a family because she needs to manage everything at home, and sometimes she is a working woman who has to take care of both.
Therefore it is very important to know how to manage money.
Financial management is not just about making money, but it is about three aspects: first, financial security, second, financial independence, and finally, financial freedom.
First, knowing how to manage money can ensure the health of the family's cash flow. Spend money when you need to spend money, save money when you need to save money, and you must spend money wisely.
Second, being able to manage money means that the family has good personal protection. For example, my husband and I have critical illness insurance, accident insurance, term life insurance and other supplementary commercial insurance plus social security. This kind of personal protection can provide myself and my family with
A role in financial security.
Third, knowing how to manage money can make your family have more and more spare money available. You can usually do financial management for 30 to 180 days, let the money roll, and you will have money to spend at any time.
Fourth, knowing how to manage money means that you can help your family add more assets, such as learning how to manage money, invest in A-shares, invest in funds, etc. Helping your family can make money through fund managers helping you manage assets.
Recently, there was news about the suicide of a ZTE technology executive by jumping off a building, which shows how terrible it is to have only one person in the family making money.
But the wife had no job and no ability to make money. She had no ability to manage money, which led to this series of problems. She did not know how to ask for help, which led to this serious accident.
Here you can find out the importance of mothers having to know how to manage money.