What are the stages of life financial management How to manage money at each stage of life?

Life is divided into five stages of financial management

1.Single period of 2-5 years, working until marriage, low income and high expenses, the focus of financial management during this period is not to make profits but to accumulate experience. Financial advice:

60% of financial products such as high risk and high long-term returns, 30% of regular savings, bonds or bonds** and other safer investment instruments, and 10% of current savings in case of emergency;

2.The family formation period is 1-5 years, marriage and childbirth, economic income increases, life is stable, and the focus is on reasonable arrangement of family construction expenditures. Financial advice:

50%** or growth**, 35% bonds, insurance, 15% current savings, insurance can choose term insurance, accident insurance, health insurance with low premiums;

3.The child's education period is 20 years, and the child's education and living expenses have skyrocketed. Financial advice: 40%** or growth**, but need more risk aversion, 40% of deposits or treasury bonds for education expenses, 10% insurance, 10% family emergency reserves;

4.The family maturity period is 15 years, the children work until they retire, and the peak period of life and income is suitable for accumulation, and the focus can be on expanding investment. Financial advice:

50%**or**class**, 40% term savings, bonds and insurance, 10% family emergency reserve. The proportion of risk investment should be reduced when approaching retirement, and insurance should focus on pension, health, and critical illness insurance, and appropriate pension plans should be formulated;

5.Retirement period is more conservative in investment and consumption, and the principle of financial management is healthy.

First, wealth second, mainly for the purpose of stability, safety and value preservation. Financial advice: 10%**or**class**, 50% fixed savings, bonds, 40% current savings, those with more assets can legally avoid taxes to transfer assets to the next generation.

1. Be clear about your assets and financial situation, and fill in your balance sheet and cash flow statement.

2. List the family's life goals, such as: having children, buying a car, children's education, traveling abroad, retirement, health care, etc., the more detailed the goals, the better.

3. Goal classification, which goals must be achieved no matter what, if you can't achieve life will regret it, these goals are your responsibility goals, and the rest are your desire goals.

3. Give priority to ensuring your responsibility goals! Okay, to determine the point in time when these goals will be achieved.

4. How much does it cost to calculate the responsibility goal?

5. How much money can you allocate to each goal now?

6. Calculate the ROI that needs to be achieved for each goal. Generally speaking, the better the rate of return requirements, the greater the risk, and the less likely it is to achieve the goal. If the risk is too high, is it delaying the achievement of the goal?

Or increase the initial investment? The final result is the rate of return to be achieved for each goal.

7. Choose the right financial instrument or combination of financial instruments according to the rate of return.

8. Check the process of achieving the goal and adjust the investment portfolio.

9. If there is still cash flow left, plan your desire as in the previous steps.

This depends on your own situation, after all, everyone is different and cannot be generalized.

1. The first stage (1999-2005) is the embryonic stage of bank wealth management products. With the advancement of reform and opening up, China joined the world organization at the end of 2001, and the exchange of economic opening up has made foreign advanced financial concepts penetrate into the country.

2. The second stage is (November 2005-mid-2008), the development stage of the bank wealth management product market. The scale of issuance has increased significantly compared with the embryonic stage, and the imitation potato hall has been added. At this stage, China's economy is in a stage of rapid development, the demand for private capital has increased significantly, investment opportunities have increased, and the overall performance of the financial market has been good.

3. The third stage (mid-2008 to the present) is the maturity and standardization stage of bank wealth management products. At the end of 2008, the outbreak of the global financial crisis reduced investors' enthusiasm for investment, the market value of the market has dived, investors choose to sell off, and the choice of bank wealth management products also tends to be rational.

1) The first phase is 2004-2009.

In this stage, the bank Libi Cong Cai cooperates with the budding financial awareness and disposable income of residents.

Improvement, the initial development, but the birth of the wealth management business at the beginning of the formation of rigid payment.

and the form of operation of the Tan Ying Golden Pool, which hides risks for subsequent business development.

2) The second phase is 2009-2013.

Affected by the macroeconomic regulation in 2010, a large amount of financing demand could not be met through on-balance sheet credit, and the demand for off-balance sheet financing was strong, and bank wealth management began to invest in non-standard assets off-balance-sheet.

Combined with the rigid liabilities and capital pool operation characteristics formed in the past, bank wealth management has officially formed a shadow bank.

Mode.. 3) The third phase is 2014-2016.

in the economic cycle.

Under the deviation from the financial cycle and the impact of low interest rates, bank wealth management is not shadow banking.

In addition, it has increased the interbank wealth management business, and the scale has expanded rapidly.

How do I manage my money at every stage of life? At different stages, the pressure and income are different, and the financial planning is also different. So, how do you manage your money at every stage of life? Next, I will introduce it to you.

1.Embryonic stage

The period from birth to high school graduation was in the embryonic stage, and we slowly met and got to know the world. At this stage, our economy is mostly the pocket money and New Year's money given by the family. You can use your small savings to pay for your wayward liking, which may be the most satisfying thing in childhood.

2.Ignorance period

After graduating from high school and entering university, the period of financial semi-liberalization is the period of ignorance. The advice given to you at this stage is to invest in life and opportunities. Take some training courses that you are interested in, such as tea art, hip-hop dance, psychological counselor, etc., and you can get into the things you wanted to learn before but didn't learn for various reasons.

3.Shell-breaking period

Wei Qin has just graduated from college and entered the society, breaking the dream glass house, and you have broken the shell when you first entered the society. At this stage, we have just entered the workplace, survived the internship period with low salary, rushed through the probationary period of 80% salary, and finally became regular employees. However, there is still not much money.

At this stage, the advice to you is to learn to plan your financial structure, and the most important point is to strive to develop good financial habits and not to be a moonshine family.

Good financial habits are something that will last a lifetime!

4.Development period

This period refers to the period when you have worked for a few years but are not yet married, and this period can be used for investment and financial management, and the funds used for financial management are divided into several parts:

Some of them buy some practical insurance, and the other part invests in some P2P platforms, and mountain stoves**, ** and other financial products. The daily expenses part is in various currencies**, and you can withdraw cash at any time.

5.Maturity period

At this time, you get married, start a family with another him/her, you have to start thinking about a lot of things, buy a house? Buying furniture? The advice to you at this stage is that taking out a loan at the right time and with the right amount is also a means of managing your finances.

First, you must first determine a financial goal. Financial management goals can be roughly divided into the following three types: accumulating money, maintaining value (letting one's money depreciate due to the expansion of the bright and burning), and wealth appreciation (that is, making money with money).

2. After confirming a financial goal, you need to make a financial plan. At this step, you need to consider your financial income and how much money you can spend on your finances. Economic income can be broadly divided into three parts:

Consumption, saving, investment. 1. Conservatives, people who have high requirements for a sense of security; It is recommended that you can save more and invest less; 2. Optimist, you can consume more and invest less; 3. If it is challenging, it is recommended to save less and invest more. Recognize what kind of person you are before choosing to manage your money.

3. Develop a reasonable financial plan. According to your own risk tolerance and actual investment needs, formulate a reasonable financial plan, and a reasonable financial plan should take into account the safety of funds, yield, and liquidity. To choose a portfolio of money, it is best to have products such as short-term, medium-term or long-term.

When you use it, it can be credited to your account immediately, and the withdrawal speed is fast. For example, when you buy a fixed product launched by the bank or Dongjin Xiucai platform, the shortest is generally 30 days, the longest is 1 year, and the seven-day annualized rate of return is about 6-8.

Fourth, it is very important to choose a relatively reliable investment and wealth management platform: this can not only ensure the safety of funds, but also bring stable income. When choosing an investment and wealth management platform, try to choose a large platform, which can be purchased in a mix of multiple platforms, which can also reduce risks.

Now banks have launched their own wealth management products, which can be managed through the Duanda mobile client platform.

1. Cash planning: mainly plan for our present and future cash needs to ensure that we have an appropriate amount of cash in hand.

2. Consumption expenditure planning: planning of consumption level and structure, consumption expenditure such as buying a house, buying a car, and personal credit.

3. Educational planning: children's education.

4. Risk management and insurance planning: Money to prevent accidents, whether insurance or other means, needs to be prepared.

5. Tax planning: planning and arrangement of business, investment and financial management activities in advance, and reasonable tax avoidance.

6. Investment planning: Configure a suitable combination of financial products according to your own situation, so that our money can make money.

7. Retirement planning: ensure that the elderly can live a life of "old age with empty thoughts, old age, and old age".

How to manage your money correctly?

1. Understand your financial situation.

Be aware of how much your current assets are and what your income is. Organize your current financial situation and know how much your net assets are (net assets = existing assets - liabilities). In addition, we all need to know about having reasonable expectations for future life, and how much we will expect to earn and spend each month in the future.

But one thing to note is that no matter what your situation is, how much money you have to invest as much as you want, don't borrow money to invest in poor money, especially high-risk products.

2. Find an investment method that suits you.

Everyone's financial situation is different, and there are differences in investment methods. We need to find our own position and choose the investment method that suits us.

3. Risk tolerance.

In the face of a variety of investment and wealth management products in the market, you should first assess your risk tolerance. Choose a product that matches your risk tolerance based on your risk tolerance.

With the popularization of high-pressure, high-time, and high-paying work forms, early retirement and enjoying the life of idle clouds and wild cranes have become a dream in the hearts of most office workers. According to relevant surveys, retirement before the age of 60 is the desire of the vast majority of people, and the younger the age group, the stronger the expectation of early retirement.

As ordinary people, how can we find a way out for our future life? Only by implementing a phased approach to financial management and careful planning can we grow steadily. In order to ensure our current quality of life, and more importantly, to ensure our future standard of living, we should be prepared for danger in times of peace and plan for retirement as soon as possible.

1. Li Gaobu, in the prime of life (about 30-40 years old):

At this stage, office workers are still very long before retirement, and the investment risk they can bear is also higher, so it is recommended to use an active investment strategy to sprint to the fullest, so as to have the opportunity to obtain higher returns. In terms of investment allocation, it can be matched with **investment**, **or commodity**. In the selection of investment targets, we can follow the trend of energy and use its related commodities as the main investment targets, such as oil, ** or alternative energy, but such commodities fluctuate greatly, which requires investors to have the quality of courage and carefulness.

However, if you are not sure to make a single investment, it is recommended to take the long-term investment method of ** regular and fixed amount. For active asset allocation, it is recommended to allocate active and prudent investments to six to four.

2. Middle age (about 40-50 years old):

At this stage, office workers are facing the pre-retirement stage, and the investment behavior should be changed from positive to stable, because at this time, there is no time for more than ten or twenty years to enrich the old capital, so try to avoid using an active investment strategy in investment, so as not to lose the old capital before retirement because of its excessive volatility. At this time, the investment varieties can be configured with **investment**, the bank's zero deposit and fixed deposit, as for the type of **, it is recommended to match the ** type and the balanced type. Stable asset allocation, it is recommended to allocate conservative and stable investment varieties to 3 to 7.

3. Retirement period:

Investors should be conservative in their financial management methods, and should properly allocate the monthly amount of money they can use, as well as other plans after retirement, such as traveling abroad, etc., should also be taken into account, so as not to fall into a situation where they will not be able to make ends meet. At this time, the wealth management products can choose bonds, capital protection**, balance** and fixed deposits. Conservative asset allocation, it is recommended to allocate to both stable and conservative investment varieties at a ratio of one to nine.