A 20 year old girl wants to start learning how to manage her finances. What should I do?

The goal of financial management is to achieve financial freedom, resist inflation, and achieve wealth growth. There are two kinds of income, one is work income and the other is financial income. Because capital is also capital, it can be used to invest, and investment will have returns.

Clause. 1. Personal investment and financial management are realized by allocating different products according to different stages of life. Life stages can be divided into 4, childhood, youth, middle age, and old age.

Income is parabolic in 4 stages. Therefore, financial income should gradually replace work income in order to balance income and expenditure.

Clause. Second, wealth management products should be able to be skillfully applied, from high to low risk, wealth management products mainly include: **, **, **, **, **, bank fixed income products, bank deposits and so on.

This is common, of course, there are many other products, such as options, foreign exchange, insurance, etc., financial products will always emerge. Their risk level and return level must be understood, and the same product can be divided into many kinds, such as **type**, bond **, money market**, and some others such as grading**, hybrid**, foreign-related**, etc., their risk levels and returns are different, so each product must be familiar with and be able to skillfully apply. At present, commercial banks have a one-year fixed interest on deposits, and the inflation rate is generally around 5% in recent years, how can we ensure that wealth does not shrink?

It's time to come up with the money to make some investments.

Clause. 3. The easiest way to manage money. The first is insurance, a person must have insurance to live, even if it is an accident insurance of 100 yuan a year, you must buy it, at least one accident insurance, and other disease insurance and medical insurance can be purchased depending on the situation, but the insurance must be available.

Without this awareness, you can't manage your finances. Second, cash, you must have cash or cash products for 3 months of living expenses in hand, which is also a guarantee, and this part of the money can have an emergency and relief fund when you have no job and no income. Third, equity product investment, **to buy, different ** to buy a little bit, so that you have an understanding of different kinds, generally 1 yuan a piece, you must be able to afford this; **You must also buy, even if you only buy one hand, you can practice your hands, but you must buy it, because only when you actually buy it can you understand this thing, and you can know how to make money.

The first thing you should do is assess your income, and then make a list of your daily expenses and divide your income into several parts. Generally speaking, it is almost the same in three parts, one is used for daily communication, one is deposited in the bank for emergency use, and one can be used for investment. This investment is a matter of opinion, some people think it is good, some people think it is good, depending on your own character, if you are a stable type, buy it, earn less, but at least it will increase in value.

But then again, this is the case, and the general loss is also a loss, but now, the points have fallen to this, I think it should be an investment opportunity, but be careful not to invest too much. If you are aggressive, you can buy **, you can ask professionals in this regard, although it is not easy to do it now**. If you have a lot of spare money, you can try to speculate, I personally think that this is much stronger than China's, strong operability, large returns, of course, the risk is also large, find a good trading company, let the investment consultant teach you how to operate.

So I think that financial management is actually to put money where it should go and let it increase in value, not only in value, but also in life.

First of all, you have to be clear about your goals, but also know to understand your own situation, it is recommended that it is best to find some books about financial management to read more comprehensively, because, like this, you are difficult to be comprehensive!

You first learn how to make money, and then learn how to manage money, and if you don't have money, you don't care.

While reading the book, start with simple financial management.