What should I consider when developing a personal finance plan?

Necessary asset liquidity. Ordinary people hold cash mainly to meet daily expenses, prevent emergencies and speculative needs. In family life, cash planning should be used to meet short-term needs with cash on hand, and expected cash expenditures should be met through various savings and short-term investment tools.

Reasonable consumer spending. The primary purpose of personal finance is to keep your finances sound and sound. In real life, learning to save money is sometimes easier to achieve your financial goals than seeking high investment returns.

Through consumption expenditure planning, personal consumption expenditure should be rationalized and the structure of household income and expenditure should be roughly balanced. The household debt ratio cannot exceed %.

Achieve educational expectations. With the gradual growth of people's demand for education, education accounts for an increasing proportion of household expenditure. Families need to plan their education expenses as early as possible to ensure that they can afford to pay for their own and their children's education in the future, and fully meet their (family's) educational expectations.

Complete risk protection. Risks are everywhere in a person's life, and risk management and insurance planning should be used to minimize the losses caused by unexpected events, better avoid risks, and protect life. Professionals recommend that everyone pay attention to consumer insurance.

Reasonable tax arrangement. Paying taxes is a legal obligation of every citizen, but taxpayers often want to minimize their tax burden. In order to achieve this goal, it is necessary to appropriately reduce or postpone tax expenditures by making full use of the preferential and differential treatment provided by the tax law through the advance planning and arrangement of the economic activities of taxpayers such as operation, investment, and wealth management.

Build wealth. It is possible to increase personal wealth by "saving money", but the absolute increase in wealth is achieved through an increase in income. Salary income is limited, investment has the characteristics of actively striving for higher returns, and the rapid accumulation of personal wealth is mainly achieved by investment.

According to the financial goals, the amount of personal investment and the risk tolerance, you can determine an effective investment plan, so that investment brings more and more income to individuals or families, and gradually becomes the main income of individuals or families, and finally reaches the level of financial freedom.

Enjoy your old age in peace. As people reach old age, their ability to earn income declines, so it is necessary to carry out financial planning in the early years of life, so that in their old age, they can live a dignified and self-reliant old age life of "providing for their old age, ending their lives, and enjoying their old age".

Reasonable distribution and inheritance of property. Property distribution and inheritance is an unavoidable part of personal financial planning, and it is necessary to minimize the expenses incurred in the process of property distribution and inheritance, and distribute property reasonably to meet the various needs of family members at different stages of family development; It is important to choose estate administration tools and develop an estate distribution plan to ensure that family assets can be passed on from generation to generation in the event of death or incapacity.

You have to understand your current financial situation.

How much money you earn every month, how much money you can leave at the end of the month, and then manage it reasonably.

If the money is not very much, you can go to the business hall to open an account, open a current account first, and then deposit the change first.

After saving 10,000 yuan, take it out and deposit it for a fixed period of 3 months or half a year!

Or you can deposit a kind of bank lump sum deposit. Deposit the same amount of money every month·· The principal and interest at maturity are withdrawn together!

It is higher than the bank's current interest rate and lower than the regular interest rate.

If you have a lot of money and are not in a hurry, you can save a long period of financial products, bank bonds, ** are good!

In is the participating insurance. It's all good. They are all products with high returns over time!

First of all, let's position your current economic situation, think about what I said... See which one is right for you.

Make a reasonable plan for your own financial situation.

Clause. 1. Immovable property, such as land and buildings on land, mainly real estate, including self-dwellings, shops, etc.; Clause.

2. Bank products, such as various savings, education savings, time savings, current savings, etc.; Clause.

3. ** products or other financial derivatives, such as **, **, **, as well as **, artwork, etc.; Clause.

Fourth, insurance, mainly life insurance, of course, there is also some family property insurance.

Consider your risk preferences, financial goals, future income, and more.

Personal financial planning is essential for everyone, it is a lifelong activity to keep your money in order and allow your money to grow in value through investment and financial management in the process of management. Personal financial planning is not set in stone, and it can vary according to your different stages'Personal finance goals to make changes accordingly. However, if you don't manage your money, money won't care about you.

So, how can individuals manage their finances well? How do you make a personal financial plan? Let's take a look with me.

Step 1 of Personal Financial Planning: Define your financial goals

Everyone needs to plan everything in advance, and if there is no goal and no plan, it will not be effective. However, it refers to the different stages of hail people's lives, and their personal financial goals are also different, so it is OK to make corresponding changes according to the situation and make it clear that they must achieve their personal financial goals in the end.

Step 2 of personal financial planning: Define the investment horizon

There are short-term, medium-term and long-term personal financial goals, so different financial goals will determine different investment horizons, and different investment horizons will determine different risk levels. For example, the money that will be used after 3 months cannot be used for high-risk investments. On the other hand, if the money to be used after 3 years is not invested, it will lose the possibility of obtaining higher returns.

Step 3 of personal financial planning: Create an investment plan

Once you have a clear financial goal and investment horizon, you should finally develop a personal financial investment plan that is suitable for you, and it must be practical. In terms of investment, financial planners recommend that you learn to invest in a portfolio, diversify investment risks, and don't put your eggs in one basket. People with low risk tolerance can consider fixed-income wealth management products with lower risk.

Once you've made your personal financial plan, it's important to make up your mind to put it into action and stick to it. When you accumulate a sum of money, investment and financial management will help you make money and increase your funds. After retirement, you can't work and have no income, so you can rely on these financial income to meet your old age living expenses, and you don't need to choose the way of "housing for the elderly" to spend your old age.

There are many types of financial management, and different financial management corresponds to different risks and returns, so how to plan your financial management? How do I create a personal finance plan? Relevant content has been prepared for your reference.

Before managing money, you must first understand your own financial situation, know how much money you have, and then do a risk preference test.

According to the risk level, bank wealth management products can be divided into five types: prudent products (R1), stable products (R2), balanced products (R3), aggressive products (R4) and aggressive products (R5).

Investors can buy financial management suitable for themselves according to the results of the test, for example: if you are a conservative investor and do not want to bear a lot of risk, then you can consider cautious products (R1) and stable products (R2), because this kind of financial management is low-risk, the income is relatively stable, and the possibility of long-term holding losses is relatively small.

If you want to pursue income, can bear a certain risk, but do not want to bear a lot of risk, then you can consider balanced products (r3) financial products, generally speaking, the investment direction is to belong to **, foreign exchange and other high volatility, high risk, high yield financial products, there is a certain risk, there is a possibility of loss, so investors should also be cautious when buying.

Generally speaking, the greater the risk, the greater the relative rate of return, but financial management can not only pursue high returns, but also take into account the risk.

<> "Detailed explanation of the steps to create a personal financial plan".

Many people are accustomed to spending money as they want until they are shy in their pockets, and Dou then cranes his neck and waits for the day when his salary will be paid. They also think about the future, but they never plan for their future lives. To take control of your future life, you must have a good personal finance plan.

Personal finance is to carry out scientific, planned and systematic all-round management of personal (family) finances, so as to realize the reasonable arrangement, consumption and use of personal property and effectively increase and preserve its value. To put it simply, personal finance is about taking care of your money, and the following financial management steps will be of great benefit to you.

1) Define your goals.

Set your short-term financial goals (1 month, half a year, 1 year, 2 years) and long-term financial goals (5 years, 10 years, 20 years). Put aside those unrealistic fantasies. If you think something is too big, break it down into smaller specifics.

2) Discharge order.

Determine the order in which you want to achieve your goals and discuss them with your family, which goals are most important to you?

3) The money required.

Figure out how much money you'll need to save each month to achieve these goals.

4) Personal net worth.

Calculate your own net worth.

5) Know your spending.

Review all of your bills and expenses for the past three months, and list all the expense items by category. Have an idea of your average monthly spending.

6) Control spending.

Compare monthly income and expenses. What are the items that can be saved a little (e.g. eating at a restaurant)?What items should be added (e.g. insurance).

7) Keep saving.

Calculate how much money you should save each month, and on the day of your paycheck, deposit it directly into your bank account. This is a key part of achieving your personal finance goals.

8) Control overdrafts.

Control your desire to buy. Every time before you want to buy something, ask yourself if you need this thing in a vacuum, and you can't do without it.

9) Invest to make money.

Investing always comes with risk. If you don't already have enough knowledge to protect against risk, you should buy treasuries and invest**.

10) Insurance.

Health insurance is very important, and if you lose your ability to work, you can't make money. Property insurance covers the proportion of family assets in personal assets.

Larger people are especially important. Think about it, if you suffer a fire, how much will it cost to buy new clothes, furniture, televisions, etc.?

11) Settle in and buy a home.

Owning your own home can save you money on rent. Start preparing for the down payment of your home now.

Skills small kanban.

Personal finance involves all aspects of the individual (family), is an all-encompassing and comprehensive science, if you feel that your energy is limited, you can consult some personal finance service providers, let them help you how to "make money" and how to "spend money".

Financial management refers to "family financial planning and arrangement". In layman's terms, it means that you have enough money to spend when you need to spend it. Financial management is not the same as getting rich, reasonable arrangement of family financial income and expenditure, to achieve a balance between income and expenditure, to ensure the basic living expenses of the family, is the foundation of financial management.

There are many people who think that financial management is investment, so that the value of assets can be preserved and appreciated. This is a one-sided understanding. In fact, real financial planning includes cash planning, investment planning, risk management and insurance planning, children's education planning, real estate planning, and inheritance planning.

These programs are all for one purpose: to support their lives. Guarantee your basic life, ensure that your education, marriage, parenting, pension, disease prevention and other plans can have enough money to pay for it, and there will be no financial imbalance.

Investment and wealth management can be divided into personal investment and wealth management, family investment and wealth management, and corporate and institutional investment and wealth management. No matter what kind of investment and financial management, its purpose is basically the same, that is, through the effective management of all assets and liabilities, so that they can achieve the purpose of value preservation and appreciation.