Mr. Yu is a post-80s generation who works as a salesperson in a credit institution, with a monthly income of usually 40,000 to 50,000 yuan.

Mr. Yu and his wife Xiao Dan have a son, who is 7 years old and in the first grade of primary school.

My wife, Xiao Dan, works as an administrative supervisor in a foreign company with a monthly income of 10,000 yuan.

The two purchased two properties in the second-tier city where they work, one for living and the other for their parents.

Mr. Yu's family's monthly expenses are about 20,000 yuan, which includes business entertainment, filial piety to his parents, children's tuition fees, and the mortgage payment for a house.

The two live frugally and currently have a savings of 1 million yuan.

Recently, Mr. Yu's family is about to welcome a second child. Mr. Yu and his wife have discussed making long-term plans for the future of their two children, and are also planning to buy a property in the next ten years as a wedding home for their future son.

However, neither Mr. Yu nor his wife have much experience in financial management. They only know some bank financial management, monetary funds, P2P financial management, etc.

On the recommendation of the company boss, Mr. Yu came to the wealth management agency Jia Feng Ruide and sought help from a senior financial planner.

The financial planner combined Mr. Yu’s current family asset status and financial management goals and gave the following financial management suggestions: Life security. Mr. Yu and his wife did not have a deep understanding of financial products in the past. All they knew was that the income was relatively low but very stable.

financial products.

So this time, he plans to use his family's assets for financial management. Before doing financial management, Mr. Yu should set aside an emergency reserve fund for the family in advance.

Mr. Yu has elderly people and children at home, so he should set aside about 5 months of basic living expenses in the emergency reserve. Based on the current monthly expenses of Mr. Yu’s family, he should prepare about 100,000 yuan.

The financial planner suggested that Mr. Yu could hold this money in the form of a currency fund. Not only can he withdraw it at any time, but he can also calculate the income every day.

In addition, Mr. Yu can add an extra layer of life protection to his family by arranging some additional commercial insurance for the elderly and the couple, such as critical illness insurance, life insurance, accident insurance, etc.

It is more appropriate that this fund should not exceed 20% of the total family assets.

How to achieve financial goals?

Mr. Yu and his wife have a considerable monthly balance of funds. They can use fixed investment funds to prepare for the education expenses of their two children in the future. For example, if they withdraw a certain amount of money from the remaining funds every month and hold it in the form of fixed investment funds, how many

After 20 years, a considerable sum of education funds will be accumulated.

In addition, Mr. Yu’s family assets of 1 million yuan, after deducting emergency reserves and insurance fees, have 700,000 yuan left. He can consider diversifying and allocating some stable financial products such as stable profit selection portfolios, bond funds and other financial products. The income is substantial and stable, so it is suitable

Mr. Yu’s current asset status.

When funds continue to accumulate in the future, coupled with the benefits from financial management of spare money, it will not be difficult for Mr. Yu to buy another house in the future.