How to cultivate the ability to invest and manage money step by step?

With the popularization of the concept of investment and financial management, most people now have a strong demand for investment and financial management, so for a novice who has not been exposed to the field of investment and financial management, how to cultivate their ability to invest and manage money step by step?

First of all, build a basic investment and financial management concept. Reading some popular science investment and financial management books, such as "Poor Dad, Rich Dad" and "Puppy Money Money", which are popular all over the country, are good introductory books, which are simple and easy to understand, and build a basic financial management concept. If you go further, you can read some classic and famous financial management books such as "The Road to Financial Freedom" (by Usain Bolt), which can build the basic structure of investment and financial management in your mind.

Preparation of personal cash flow statements and balance sheets. It sounds very professional, but in fact, it is to take stock of the monthly expenses and the existing assets and liabilities, and make a list in the form of **. After combing, you can have a comprehensive understanding of your financial situation.

Are you overspending each month or are you having a lot of balances? More assets or more liabilities? Is the debt a bad debt or a benign debt?

Change comes from a clear sense of self.

Set financial goals. Once you have a comprehensive understanding of your financial situation, it's time to set one or more financial goals for yourself. Perhaps you spend too much to make ends meet every month, then you can set the first goal of a balance ratio of 30%, for which you have to look at your consumption spending, which "latte factor" can be eliminated, or whether your income is too low and you need to change jobs or improve your personal ability to change industries.

Trust me, this is a big change in your life.

Start investing. That's right, with financial goals and a plan for practical changes, it's time to start investing. The order of investment is from low risk to high risk, first use a small amount of money to practice, experience, and summarize to ensure that you have a deep understanding of the gameplay and rules, and then invest funds in batches.

In advanced order, it is probably currency**, **, **, convertible bonds, bonds, etc. With the wealth of investment knowledge and experience, you can gradually expand your circle of competence, and you will change from a "novice" to an "experienced investor".

The above is a simple sequence of Xiaobai's advancement, which is divided into constructing basic concepts, recognizing one's own situation, setting goals against each other, and formulating plans to distribute and achieve. Any learning process requires patience and time, and only time and compounding can make a real investor.

First of all, you have to understand what financial management is, I have been working for two years before I began to slowly feel that while being a person is happy, I also need a certain amount of money to press the bottom of the box. Moreover, the moonshine of eating, drinking, and playing is very different from the moonshine after making a part of the investment every month and then getting rid of the living expenses.

If you're not an adventurous financial person, I wouldn't recommend that you put almost all your money into one project and never put your eggs in the same basket. In my understanding, whether you take risks or not is the difference between choosing a project and a product, but the basis of your financial management is to ensure that you don't starve to death.

If you are just starting to work, you can first choose to accumulate a lot of financial management methods, Alipay and major banks have launched the kind of short-term, investment projects that are not very large, of course, the interest rate is not very high, the focus is on stability.

If you already have a relatively stable or large amount of income, you can use a quarter of the part that can be used for financial management to invest in short-term**, a quarter of the long-term**, and the remaining half is considered comprehensively, **OK, you can buy other financial products that you think are more worthwhile.

The above is for people like me who have no family support and live purely on their own efforts. In fact, I think each of us has some financial awareness very early, and we all know how to ask our parents to help us save our money when we are young, which is also a kind of financial awareness.

But when we grow up, the emergence of credit cards and various easy loans and easy loans make us spend more and more money on entertainment consumption, which leads to when you really need to use a sum of money for something, you find that you not only have no money, but also have foreign debts.

You can first find some books on investment and financial management to come back to study, such as "Smart Investor" and "Rich Dad Poor Dad", through learning these books, you can have some preliminary concepts of investment and financial management and what are the main ways of investment.

For people who have just learned to invest and manage money, I think it is better to choose bank fixed deposits first, because the risk of bank deposits is relatively low, investors only need to put their money in the bank, and the principal and interest can be recovered at maturity, so that you can fully appreciate the benefits of financial management. After a period of study, you are slowly starting to study other financial products with moderate risk, and then take a part of the funds to invest, although the risk is a little higher, but the return also increases accordingly. Finally, you will involve some high-risk financial products, such as **, these high-risk products are relatively volatile, and investors need to have enough energy to study, so you must be fully prepared.

Financial investment also requires a good psychological quality, so you should study some psychology books to learn how people control their desires, because some people are prone to lack of people in the process of investment, and this mentality is very fatal for financial investment.

Learning to invest and manage money is a very long road that requires a lot of patience.

To cultivate the ability to invest and manage money, the first thing is to learn some relevant knowledge, some of the meaning of index icons, etc., which is the most basic, financial management is divided into **, **, treasury bonds, etc., and each is divided into many categories, since it is to invest in financial management, how much should be understood, you can go to the Internet to see some financial reports and financial articles, etc., you can also learn like friends who play investment and financial management around you, follow them from a young age, play slowly, don't be anxious. In addition, one point is very important, that is, to play the mentality of investment and financial management, to dare to gamble and dare to lose, investment has success and failure, the greater the return, the greater the risk, it is very important to be psychologically prepared.

Playing investment and financial management, you can't be too greedy, otherwise you can only end up with nothing, you can't get anything, I think this is a side hustle, it's okay to take out free funds to play, don't put your life on it.

If you plan well and skillfully grasp the risks, you will definitely not lose money

Although <> financial management is a very professional course, the topic of this topic is also relatively hotly discussed among the people. The success of the operation can also affect the mood of you and your family. Therefore, be very cautious and not be careless. On cultivating your financial management skills, the author suggests:

Step 1: Try it first. The first step that friends who are interested in financial management should take is to plan to accumulate funds before they can try to invest in financial management.

You can first take out a part of the funds as the original accumulation in a regular amount every month or a year in the case of a plan, which is also called saving expenditure, and then take the second step after accumulating a certain amount of savings.

Step 2: Get off to a safe start. Wealth management, starting from the most secure financial industry, such as fixed deposits, wealth management product investment and other items, can not only learn experience, but also control its risk degree and profit model.

Learn investment skills and business models, and understand what projects have a low probability of investment risk. Make small-scale, risk-free, or low-risk attempts.

Step 3: Flat borrowing. In daily life, many people have temporary or short-term capital turnover needs due to their own reasons, and the borrower's return is often much higher than the interest rate of bank loans.

If you know the bottom line and the other party has the ability to repay, you can do so in the form of a credit guarantee (preferably not in this way to avoid legal disputes) or a mortgage (taking the immovable property, but you need to go through the mortgage procedures) or a joint and several guarantee (in the case of a large amount and a long period of time).

Here, the content of the loan agreement should be signed: both parties A and B, the reason for the loan, the amount of the loan (both upper and lowercase), the date of repayment, the amount of the loan, the agreed interest, the default clause (signed by the intermediary), etc. When paying cash, it is best not to pay in cash, but to write the reason in the way of bank payment, and use it as a voucher for both the borrower and the borrower.

has been adduced in the judicial proceedings.

Step 4: Huddle together to keep warm. If you have a friend who has a relationship, popularity, a project, or a temporary or medium- and long-term loan for a project, you can also try it with them, but you have to discuss it with your family and have a certain ability to resist risks. Wait a minute.

First of all, we must have a goal, we must have a clear plan, or we must work hard to learn some financial knowledge, improve our principal, and slowly accumulate some financial management ability.

First of all, you have to have the ability to make money, and then save all the money you earn into a fixed one, and then the next bookkeeping expert, write down every expenditure, and reasonably plan the amount of consumption each day for yourself.

If you have time, you read more books on financial management, and if you don't have time, you can listen to more lectures by bigwigs.

First of all, be sure to set yourself a goal. Then according to this goal, you can save money for yourself, you can save a little less every day and you will have a lot of wealth in the future, if you have the ability, you can buy some ** or ** to make money.

The most rational way is to sign up for a financial training class and systematically learn how to manage money.

If we want to cultivate our financial management ability, what we should do is to buy some financial products, which is also a kind of investment, and invest our own funds into it.

I usually do this by dividing the money into several installments after each paycheck, and then one is used to save as a regular property. Some of it is used for current financial management, and some of it is used for living and emergency expenses.

Well, if you manage your finances, you still have to have a certain amount of, well, governance ability, for example, if you save a part of your money every month and put it in the bank for a fixed term.

Learn as soon as possible, even if you may not have money now, but you can also cultivate your financial management ability first, and then manage your money to make money after you have funds, so how to quickly cultivate your financial management ability? What's the method? Relevant content has been prepared for your reference.

1. Read more books

There is a lot of knowledge in books, and financial management ability is not something that Ji Xun can have all at once, but there is a process of accumulation, and the first step to quickly cultivate one's financial management ability is to read more books, and financial novices can take a look at "Puppy Money".

Poor Dad, Rich Dad" first has to have a concept of financial management.

2. Attention

It is a focus on financial knowledge, there are a lot of articles that focus on financial management, and conditional users can consider purchasing ** courses to learn a system, the knowledge inside is very wide and concentrated, saving time and energy, and you can quickly understand financial management.

3. Start with practice

To quickly cultivate your financial management ability, you can start with practice and buy low-risk financial management, such as: Yue Bao or Change Pass, both of which belong to the currency **, the risk is very small, and the possibility of long-term holding losses is very small.

In addition, there are low-risk financial products or R1 risk level of bank wealth management can be considered investment, the risk will not be very aggressive, after investment to remember to occasionally pay attention to it, although the low-risk financial risk is relatively small, but not principal, not interest-guaranteed, or to pay attention to its risk.

No matter what age you are, as long as you don't give up on yourself, you can get closer to the life you want. So, stop giving yourself age and other reasons to restrain your actions. It's good to start with small goals and get closer to the life you want.

These abilities, from now on, are subconsciously cultivated.

Imagination. Learn to often imagine the life you want and the ideal state in your heart, and even go to the Internet to find some ** special photo albums to increase your expectations for the future life.

When making every decision, learn to have a hypothesis about how you would make the decision if you were your ideal self.

Find an ideal character image in your mind, star idols, and people around you. Imitate and practice to bring yourself closer to your ideals.

Read biographies of your favorite celebrities to boost your imagination and hopes for the future. Most importantly, documented, acted upon.

Knowing the life you want, going to places that can bring you a pleasant experience and full of your expectations for the future, so that you can experience the ideal life from time to time, such as I like the seaside or a city full of greenery and beautiful natural scenery, and every year I will give myself a gift and travel to experience the life I want.

Action. Action is the biggest and fastest shortcut to change the status quo.

Read, learn, act and practice.

Action, reflection, action.

Just like exercising, you can only increase your ability to move if you keep moving.

Self-management skills.

Self-discipline equals freedom, you are a small company, a balance of body, mind, emotions, time, energy, assets, and various interpersonal relationships with family. Learn to manage yourself and take control of your life.

If you want to become your ideal self, you need to let go of those old habits and develop new habits that are close to your ideal self.

Learn to observe yourself objectively, understand yourself, and conduct self-analysis. Know what you want and what you don't want. That's really important. Because you don't know yourself, you don't know what you really want.

Self-love, take good care of yourself, learn to accept yourself, praise yourself, and encourage yourself. Self-help. All the kneeling and licking parties in love are because they have a small ego deep in their hearts, refusing to accept themselves, and feeling that they are not perfect enough.

Know your time, energy, preferences, good at it or not, learn to play to your strengths and avoid weaknesses, and focus on what you like.

The ability to be grateful.

Complaining and being dissatisfied with one's own situation and the circumstances around oneself will only make one's situation worse. The law of attraction, really right, read well, understand from the bottom of your heart, practice, PDCA, the stronger your ability to be grateful, the more you can discover all kinds of beauty in life, the easier it is to find all kinds of small blessings in life, and there will be more and more small blessings, forming a virtuous circle in your life.