20 What is the most suitable way to manage money at the age of 24?

First, set financial goals. There should be many considerations for this, first of all, this financial goal should be quantified, for example, to buy a house, is this a financial goal? It's not.

How much is a house worth to buy, whether you want to buy a house in three years, or whether you want to buy a house next year, this is a financial goal, that is, to quantify, to have a concept of time. At the same time, you can also imagine what it would be like to live in this house, which will help you achieve your desired goals. A true financial goal is a quantitative, time-bound goal.

Second, review your assets. What is a review of the status of an asset? It's to see how much money you have.

One is how many assets you have in the past, and the other is how much income you will have in the future, which all belong to the category of how much money you can manage. Look at whether your assets meet your own needs, whether your assets and liabilities are reasonable, and whether you can also use some financial leverage to make your financial structure more reasonable, which is a review of the asset situation. Third, understand your risk appetite.

Some people say that you are a very conservative person, and some people will say that you are a very aggressive person, how can you properly evaluate your risk appetite? There are three methods, first of all, consider your personal situation, whether you have a family, whether you have a supporting population, and how much your expenses account for your income. If you have a child, your investment behavior is still very aggressive and very risky, which can only mean that you do not have a clear understanding, because the family responsibilities to bear are no longer the same.

Second, consider the trend of investment. For example, you are very good at **, you are a very aggressive person in terms of investment, and so on. Finally, consider the orientation of the individual's personality.

People with different personalities will make completely different choices when facing some things, and their personalities also determine what behaviors people will have in the process of managing their finances. Fourth, make reasonable asset allocation. This asset allocation is strategic, and it is an asset allocation made in a very rational state.

For example, from a strategic point of view, only 30% of the assets should be used as a ** investment, no matter what others say, it will be fixed at 30%, and 20% of the assets will be placed in the bank, which is a strategic asset allocation. Fifth, manage investment performance and make adjustments according to market changes.

Remember.

Habit 1: Keep a record of your finances. If you can measure, you must be able to understand, and if you can understand, you must be able to change.

Without consistent, organized, and accurate records, a financial plan is impossible. Therefore, it is necessary to keep a detailed record of your income and expenditure at the beginning of your financial plan. A good record can enable you to:

1. Measure your economic status——— which is the basis for making a reasonable financial plan. 2. Effectively change the current financial management behavior. 3. Measure progress towards the goal.

In particular, it is important to keep financial records and establish a file so that you can know your income, net worth, expenses, and liabilities. Habit 2: Be clear about your values and economic goals.

By understanding your own values, you can establish economic goals that are clear, unambiguous, authentic, and feasible. Without clear goals and directions, you can't make the right budget; If you don't have enough reason to discipline yourself, you won't be able to achieve the goals you want in 2, 20 or even 40 years. Habit three:

Determine net worth. Once the economic records are in place, it is easy to calculate net worth——— which is how most financial experts calculate wealth. Why do you have to calculate your net worth?

Because only by knowing your annual net worth will you know how much you have moved towards your goal. Habit 4: Know your income and expenses.

Few people know exactly how their money is spent, or even how much they earn. Without this basic information, it's hard to create a budget and plan how to spend it, and you don't know where to spend it, and you can't make reasonable changes in spending. Habit Five:

Formulate a budget and implement it accordingly. Wealth is not about how much you earn, but how much you have left. Budgeting may sound boring, tedious, and contrived, but you can find out where a large amount of money is going in the little things you spend on a daily basis.

In addition, a specific budget is very beneficial for us to achieve our financial goals. Habit 6: Cut expenses.

A lot of people complain at the beginning that they can't afford to invest more money to achieve their economic goals. In fact, the goal is not achieved by a large investment. Cut back on expenses and save every dollar, because even a small investment can lead to a lot of wealth, such as:

What is the result of saving an extra 100 yuan every month? If you start investing at the age of 24 and can get an annual profit of 10, you will have 20,000 yuan at the age of 34. The longer the investment, the more obvious the effect of compound interest becomes.

Over time, the profits from saving and investing have become even more apparent. So the earlier you start and the more you save, the more your profits will grow exponentially.

I want to go back to being 20 years old.

1.At the age of 20, don't choose comfort at the age when you can work hardest to break through.

In addition to making money on their own, the accumulated experience is very helpful for going out into the society in the future, and you can also write these experiences or achievements into your resume and become one of the pluses. Don't regret why you didn't work hard to earn money at that time, but chose to live comfortably when you had to pay off your mortgage and car loan by yourself when you left the society.

2.At the age of 20, you should have the courage to try new things or skills that are beneficial to you.

Young is your current capital, in your 20s, the speed of learning will be faster, and it is easier to master new skills, so it is very recommended to experience new things and cultivate new skills, the skills you learn now can be a paving for your future, and may be of great help to you in the future. The speed at which you can master new skills decreases with age, so don't miss out on learning new skills!

3.At the age of 20, you can start to learn how to manage money, don't be a moonshine clan.

Don't think that you are still young and think that saving money is something you need to do after you leave society. From now on, you must cultivate the habit of saving money, open a bank account and save your own money, even if it is only RM10 a week, add up to a lot, and after a few years of saving, you will have a considerable amount, and you don't need to worry so much when you want to use it for emergency relief. Don't spend money on luxury, there's nothing wrong with rewarding yourself appropriately, but it's luxury to spend money indiscriminately all the time on the grounds of rewarding yourself.

It's better to invest this money and let it make money.

The deposit methods of 200,000 yuan include fixed deposit, buy large deposit certificates, ladder deposit method, compound deposit method, etc., different deposit methods have different characteristics, and the actual situation of specific individuals is judged. When we manage our finances, we need to take into account the safety of funds and the expected return of funds, as well as the liquidity of funds. What is the best way to deposit 200,000?

1. What is the best way to deposit 200,000? What is the best way to deposit 200,000 yuan, in fact, you need to choose according to the actual situation of the individual, 200,000 can be deposited for a fixed time, you can buy a large certificate of deposit, you can choose the ladder deposit method, you can also choose the compound rubber stupid money saving method, and you can also choose other financial management methods, similar to **, buy treasury bonds, etc.

1. Deposit period200,000 deposits, the expected return is relatively high, under normal circumstances, the bank's five-year fixed deposit interest rate is about 200,000 deposits, then you can get 27,000 yuan of interest, the income is still relatively high. However, there is a disadvantage of the deposit period is that the liquidity of the funds is not strong, if you want to withdraw it in advance, then the part withdrawn will be calculated according to the current interest rate, and all the withdrawals will be calculated according to the current interest rate, which is not cost-effective.

Wealth management insurance is a new type of insurance product that integrates insurance protection and investment functions. The purchase and consumption of financial insurance has little to do with the age of insurance. For people in their twenties, who do not have the financial ability to buy financial insurance, it is recommended that you give priority to insurance that protects the shack, such as accident insurance and critical illness insurance.

As for the purchase of financial insurance, experts recommend that you choose to buy it when you have a certain financial ability or according to the actual situation of your family.

Extended reading: [Insurance] How to buy, which one is better, teach you to avoid these insurance"pits"

Hello, the best way to manage 200,000 yuan is to: 1. Invest in bank wealth management products: bank wealth management products include time deposits, demand deposits, fixed live two pennies, wealth management treasures, treasury bond wealth management, etc., relatively speaking, the income is higher, the risk is lower, and it is a safe and reliable investment and wealth management product.

2. Investment: Investment can obtain higher returns, but the risk is also larger, it is recommended that investors pay attention to market trends, be familiar with the basic knowledge of investment, and choose the right investment. 3. Investment:

**Investment is a kind of investment resistance and bright capital tool, risk and return have a certain degree of controllability, investors can choose the right investment products according to their own situation. 4. Real estate investment: Real estate investment is a long-term investment, and investors can choose to invest in long-term rental housing or buy residential investment.

5. Financial wealth management: Financial wealth management is an investment and wealth management tool, investors can choose the right financial products according to their own risk tolerance and obtain higher returns.