How to control expenses in the family How much does it make reasonable to spend in income How to man

The Five Laws of Family Finance.

The proportion of the rational allocation of family assets in the 4321 law is that 40% of the family income is used for housing and other investments; 30 for household living expenses; 20 For bank deposits in case of emergency; 10 For insurance.

The law of 72 does not take back the interest and rolls over the interest to invest in financial management, and the time required to double the principal is equal to 72 divided by the annual rate of return. If you deposit 100,000 yuan in the bank and the annual interest rate is 2, how many years will it take to increase the value to 200,000 yuan? Dividing 72 by 2 to get 36 gives us the 36 years it takes to double investment bank deposits.

The reasonable proportion of the law of 80 is equal to 80 minus the age of the number plus a percent sign ( ) For example, at the age of 30, ** can account for 50 of the total assets, that is, at the age of 30, you can invest in 50 assets, the risk is acceptable at this age, and at the age of 50, it is appropriate to invest ** account for 30.

The Double 10 Law of Family InsuranceThe appropriate amount set by family insurance should be 10 times the annual income of the family, and the appropriate proportion of premium expenses should be 10 times the annual income of the family.

The three laws of housing loans: the amount of monthly mortgage repayment should not exceed one-third of the total monthly income of the family.

1.Of course, expenses are measured in terms of income.

2.The proportion of expenses should be determined by the individual's age, salary income, and expenditure status.

For example, if you are 25-30 single, no car, house rental, salary 2000, 40%-50% of expenses are reasonable, personal opinion.

3.Financial management requires long-term perseverance, and this must be paid attention to.

I also want to emphasize that financial management does not require you to have a lot of money, financial management is to make yourself from no money to rich, from not being able to manage money to being good at managing it, is a long-term plan for life and wealth.

For example, you have extra money and you want to invest to achieve a higher yield of 40% on buying a house.

30 for household living expenses;

20% bank savings.

10% insurance is actually very important, if you earn 100,000 a year, your premium should be 1 million.

Then, if you buy a house and have a loan, your loan is better not to exceed 1/3 of your income anthracene OK

Financial management is not limited to companies, but also individual families can make reasonable use of financial knowledge to maximize their income! So how much do you know about these family financial management tips? There are many small details in life that we may not pay attention to, but even these small details may change our lives in the long run, and knowing these will greatly improve your life.

Below, I will take you to see those family financial management tips to help you make the most reasonable use of your funds!

Bank savings

When it comes to financial management, most people's first reaction is bank savings, and residents can choose 5 years, 3 years, 2 years, 1 year, 6 months, and 3 months of fixed deposits, with investment. In addition, current savings have also become a very common way to manage money because of their convenience and strong liquidity.

However, when it comes to how families manage their finances, our goal is to maximize returns. Demand deposits are clearly a little further away from that goal. Therefore, this method should be avoided as much as possible.

The lump sum deposit and withdrawal method can obtain higher returns, and in this way, financial management can also control uncool casual spending. For investments with long-term intentions, you can choose the lump sum deposit method, and withdraw a part of your salary every month and deposit it into a long-term account. Molding.

I can give you some suggestions to help you save some unnecessary overhead:

1.Lifestyle adjustments: Establish a reasonable living budget to ensure a balance between income and expenses. Be aware of which are the essentials and which are optional luxuries. Arrange daily expenses reasonably and avoid excessive consumption with poor bent limbs.

2.Reduce unnecessary entertainment expenses: Review your own entertainment expenses, such as movie tickets, dining, nightclubs, etc. Choose from more budget-friendly activities or entertainment at home.

3.Narrow down your shopping list: Think carefully when shopping and only buy what you really need. Avoid spending in the virtual world, try to follow the shopping list, and compare the best and the best quality.

4.Save energy and water bills: Develop good energy-saving habits by turning off lights, turning off appliances and faucets, etc., to reduce energy and water consumption. It's also a good idea to use energy-efficient fixtures.

5.Review your insurance plan: After you get married, you may need to re-evaluate your insurance plan, such as medical health insurance, car insurance, etc. Check with your insurance company to find out about the offers and discounts available.

6.Plan your travel spend: If you like to travel, look for discounts,** and deals when planning your trip. Compare flights**, hotel bookings, and tours** to make sure you choose the best option.

Remember, everyone's financial situation and spending habits are different. The most important thing is to make a sound financial plan based on your specific situation, making appropriate adjustments according to your needs and preferences.

1. Fixed expenses, emergency money. Water and electricity expenses, model travel, ** fees, and other daily relatively fixed expenses are separated. This part of the funds is put in the current financial management first.

It can be flexibly redeemed and used to earn income, and the annualized rate of return can also reach 3%. It can be said that the funds are fully utilized. This expenditure accounts for 25% of the annual salary income.

2. The family guarantees the education expenses of the children, a separate copy. Accident insurance, children's education insurance, and so on. The annual payment amount is not large. This expense accounts for 10% of the annual income.

3. 20% of the income, investment and financial management funds, a separate share. The main thing is to buy the bonds of large state-owned banks. Level 2 low risk, performance comparison benchmark, basically between ***.

It's also flexible to open the code on a regular basis, although it's a bit risky, it's still worth it, and I'm more satisfied.

4, 40% of the income, this is the wife's book, must be kept. Savings and treasury bonds are an indispensable one. After many years of savings, I bought a large amount of certificates of deposit, saved for 5 years, and I was very happy to have saved a few years of safety and security.

There are also some electronic government bonds. This is also 5 years, I just bought it last year, the annualized interest rate *** and it is given on an annual basis, it is very flexible and feels very good.

5. 5% of the annual salary is used to buy physical goods**, although you can't buy much, but it adds up to a lot, and it may really be used at a critical moment.

Otherwise, there will be constant uncertainty about whether to buy ** or save money for a year to buy a workshop. Now, I would like to share with you my experience in this regard. Before we do that, let's first figure out the types of spending::

1. Fixed Expenditure In the ranking of household expenditures, fixed expenditures come first. This includes rent, RV loans, family member insurance contributions, strata fees, etc. Once you choose to enjoy its services, this part of the expenditure is often irreversible.

Therefore, this part of the expenditure should be included first when formulating the family financial plan. 2. Variable Expenditures Clothing, food, medical expenses, transportation, communications, etc. are all variable expenditures. Variable spending is a certain need, everyone has to dress and eat, but we can control the extent of their spending.

This part of the expenditure must be controlled in quantity, otherwise the expenditure may become infinite. 3. Flexible spending Flexible spending mainly includes family entertainment, interpersonal communication expenses, travel, beauty, health care and fitness, etc. Some of the flexible spending is predictable, and this part can be planned for the long term; The other part is unpredictable, but through bookkeeping, the average cost can be calculated, so as to self-adjust.

We believe that household investment and financial management expenditure should be regarded as a fixed expenditure. In this way, it can not only ensure that the "variable point" will not be blindly consumed, but also accumulate for a long time and be used to realize bulk consumption such as buying houses and cars. Therefore, it is very necessary to set aside a fixed part of the monthly income and use the money for family investment first, which is also the original intention of formulating a family investment and financial plan.

Financial management is not arbitrary, today if you want to invest **, the plan, systematic and reasonable investment is the correct concept we have been advocating.

Many family financial planning will refer to the "4321 law", that is, annual income.

40% for housing and other investments, 30% for living expenses, 20% for bank deposits in case of emergency, and 10% for insurance. However, for most white-collar workers in the workplace, the "4321 law" is temporarily difficult to put into practice, and the reasons are self-evident.

For example, if you have 6w savings in your hand and your monthly income is only 6k, how can you save money?

Now let's analyze the reason for this plan: although the return of investing in the one-month period is slightly lower in comparison, it is more flexible in case of emergency. Invest in 12 months as a long-term investment deposit.

According to the above plan, the annual deposit can be increased, and the monthly interest can be obtained: 600+ yuan, and the interest can be withdrawn every month for weekday fitness, dinner, interest study, etc., to enrich daily life. If the money saved is reinvested in Lujin every year (expected rate of return:

12%), the principal can be doubled in about 6 years.

With such a plan, you can save money and enjoy life at the same time. The result of saving money is not that the quality of life is reduced, but that there is more free money to improve the quality of life. I hope to be able to be flexible and constantly optimized, so as to achieve deposit doubling and financial freedom as soon as possible.

At present, there are many ways to invest in personal investment and financial management: fixed, treasury bonds, entrusted wealth management, **, **, trust, insurance, etc., with different risk levels, minimum purchase amounts and yields.

If you have investment and financial needs, you can go to China Merchants Bank outlets to consult the wealth manager for relevant advice.