How to teach newbies how to plan their personal finances

If there is China Merchants Bank in the city, you can also learn about the wealth management of China Merchants Bank: at present, there are many ways for China Merchants Bank to invest in personal investment and financial management: fixed, treasury bonds, entrusted wealth management, **, **, etc.

Proper financial planning is a responsibility for yourself. 1. Have a fixed deposit. No matter how much or how little we pay, we set aside a part of our savings every month for a rainy day.

2. Learn to manage money. Now everyone uses "Yu Yu Bao" or the bank's various financial products, although the income is not very considerable, and the income has been declining, but there will still be a large number of people who choose, "grasshoppers are still vegetables". Money management is important, and money will never increase on its own.

3. Learn to plan consumption. "Chopping Party" and "Moonlight Clan" are the best interpretation of impulsive consumption. We need to make a good plan, write down the large amount of expenses each month, and then make statistics every month to see how much we spend in a month, and take out a part of it every month, and we can keep a part of it for savings.

4. Learn to invest. For example, real estate, **, relatively low depreciation products, real estate is still a fixed investment, even if the market is not satisfactory, the house is still their own.

5. Learn to buy insurance. Don't think that insurance is a bottomless investment, and don't regret it until the day you use it.

6. Learn to invest in repentance and capital with connections. Every month we spend it on our meetings, and we also have to set aside some funds for socializing. Connections are the greatest wealth in a person's life, and we must also cherish this true feeling.

Financial management is really very important, people who can manage money have more and more money, and you must not be able to save money if you don't manage money. People who don't have the concept of financial management think that they can make money, but the truth is that they don't know how to manage money, and no matter how much money they make, they will be lost. If anyone is still in a state of only saving money and not managing money, it is basically the lamb of the times, and can only be constantly sheared.

In wealth management, the goal of personal financial planning is to ensure financial security and achieve financial freedom. But in real life, many people are blank in terms of financial planning, and the most is nothing more than staying in the bookkeeping stage, and what is really worth noting is these three sides.

Personal investment and financial planning.

1. Cash planning

It is difficult for a good woman to cook without rice, and in daily life, she must set aside some cash to meet her needs. Only by maintaining one's daily life without problems can one consider other consumption issues. At the same time, the biggest consumer expenditure among the Chinese people is to buy a house and a car, in the case of ability, of course, it is to get rid of the oppression of house slaves as soon as possible, and at the same time pay attention to frugality, leave money to manage money, and avoid the situation of making ends meet.

Personal investment and financial planning.

2. Investment planning

In many cases, Chinese people are easy to blindly follow, and today I heard that flipping houses can make money, so they all went to speculate in a swarm, and many of them lost their money. Wealth management products, like clothes, need to be tailor-made, and you need to choose products that are suitable for you according to your age, income, and risk tolerance.

The daily investment tools include: bank deposits, currencies, bonds, real estate, and other financial derivatives.

Personal investment and financial planning.

3. Risk response planning

The most useful thing in risk response is insurance, which plays more of a protective function. Many people encounter accidents or are seriously ill and can't**, basically they don't have insurance. At present, life insurance is mainly critical illness insurance and accident insurance.

Pension planning is endowment insurance or annuity insurance and so on.

The above content is an introduction to personal investment and financial planning, and everyone knows how to plan. Financial management is a lifelong thing, learning to change the mind, thinking determines the way out, wisdom creates wealth, and high salary is not as good as financial management. However, there are also certain risks in investment and financial management, so everyone should also carefully choose financial products and manage them carefully.

The basis of financial management is that you must have cash, and if you don't have cash, you can't make financial planning, so you must have cash.

Well, put bank fixed deposits. Or the national debt would be fine. No pressure. There is no risk. It's right to have peace of mind. Isn't that the case?

If you want to do a good job in personal financial planning, you must first know your risk tolerance, but also know whether your funds have been idle for a long time, and finally choose the right financial products according to your risk appetite.

If you want to do a good job in personal financial planning, of course, you must learn relevant financial knowledge, and then choose the right financial management for yourself, and after choosing, you will be able to earn a lot of money.

At present, there are many ways for China Merchants Bank to invest in personal investment and financial management: fixed, treasury bonds, entrusted wealth management, **, **, etc., and the investment starting point of different products is different, and the corresponding risk level is also different. It is recommended that you visit our branches to consult the relevant advice of the wealth manager.

What should I pay attention to when making financial planning? How can I plan my finances? Below I have compiled for you how to do the right financial planning, welcome to read and reference!

Advice on creating a personal financial plan

Know how many resources you have

First of all, you have to know how many resources you have. The first is assets, you have to pay attention to how much money you have and how much debt you have, and what is left after subtracting the two is your net worth. There is also your earning power, the amount of money you can make in the future and now, and your monthly expenses should be compared.

Figure out the resources you can utilize, the amount of money you can invest, etc.

Assess risk tolerance

For young people, although the income is low, the risk tolerance is still high. , "It's a big deal to start all over again". At a young age, there are many opportunities, and you can quickly regain your money.

In middle age, after having a family and children, the income fluctuates greatly, and the investment failure is not good.

And in old age, if there is a large fluctuation in wealth, it is even more inappropriate. Therefore, risk tolerance is actually related to age. Financial investment in the young period can be a little more aggressive, while in the middle and old age, it should be more stable and stable.

In addition, if the goal of financial management is long-term and just needed, such as children's education expenses, family medical expenses, buying a house, etc., then the investment should be mainly low-risk and medium-low; If it is for long-term asset appreciation, you can appropriately increase the allocation of some risk assets.

Assess the liquidity of funds

For example, if you have a fund, you have to plan how long you need to use it, these funds may not be suitable for investment varieties with a long closed period, such as trusts, most of the minimum investment period is 1 year, generally 2-3 years, if you want to use money during this period, you may face trouble. Short-term funds, which require higher liquidity, have a short and flexible investment horizon, including one month, three months, six months and longer.

Set reasonable goals

Planning requires a financial goal. "Set a small goal first and earn 100 million", this is obviously not suitable. Your goals must be in line with your own situation. In addition, with a monthly salary of 3,000 yuan, he earns 10,000 yuan in a year, which is too exaggerated.

For example, if you take out 3,000 a month and earn 10,000 a year, it is still possible. For example, you can invest in the aggressive category, configure the **, and make regular investments to the ** every month, etc., there is still a chance to achieve it.

Invest in yourself

Finally, there is the investment in yourself. This may be about more than just financial management, but it's also about investing. You can invest some of your money in education and training to increase your value and improve your abilities, which can make you more money in the long run.

In addition, you can also learn a variety of financial knowledge to improve your chances of winning your investments.

Investing in yourself is perhaps the best way to grow your wealth.

It is recommended to read more relevant books first, form your own investment logic, and establish a correct view of financial management.

According to their own risk tolerance, the expected returns, and the financial situation to match the appropriate financial products, risk awareness should be put in the first place, and the reserve fund must be sufficient.

It is recommended that you manage your money through banking channels. At present, there are many ways for personal investment and financial management: fixed, treasury bonds, entrusted wealth management, **, **, trust, insurance, etc.

It is recommended that you visit our branches to consult the relevant advice of the wealth manager.