Why everyone needs to manage money, and why money management is a necessary life skill for everyone

Everybody has to live! If you want to live, you need to spend money, and financial management is actually to use your money in the most efficient place (note: by no means the most profitable place).

Financial management is not to make you a lot of money, but through planning, so that you are not short of money at all stages of life, but just to move money from the past, present, and future around.

Sound financial planning:

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

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.

In order to increase the value of assets! If you don't manage your money, your money won't care about you.

Wealth management refers to the management of finances (property and debts) for the purpose of maintaining and increasing the value of finance. And because there are a lot of nice benefits that come with managing money. The specific benefits are as follows:

1. Be able to understand your own economic strength very well.

2. Financial management is mainly for asset preservation or appreciation, to be able to master financial knowledge, to carry out reasonable financial management, and to obtain benefits from it.

3. Financial management is conducive to improving personal credit conditions, which is very helpful for handling credit business in the future.

4. It can also improve the standard of personal living.

Let's find out. Wei Miao financial quotient.

The education selects financial analysts, financial planners and other professionals from major financial institutions to jointly polish the course content, adopts the dual-teacher teaching mode of "** + tutoring", and innovatively introduces "companionship" community counseling into the first classroom, effectively improving the interaction and enthusiasm of user learning.

Mastering your money management skills can give you unexpected benefits.

Managing money can make ends meet.

Financial management can alleviate the financial pressure on young people.

Wealth management can drive wealth growth.

Managing money can prevent the intangible loss of wealth.

Managing money can help people avoid financial risks.

Depending on individual needs, not everyone needs to manage their money;

The most important purpose of financial management is to make full use of funds and not idle;Secondly, improve the quality of life, obtain the maximum utility with the minimum expenditure through financial management, and improve the quality of life.

Everyone living in this world should have a goal, if people don't have a goal, then they are just a walking dead who wastes food, or a puppet that can breathe, of course, this is a bit harsh, but the main thing is to inform everyone of the importance of financial freedom.

Some people think that there is too little money and there is no need to manage money, but this is not true. Because I didn't understand the purpose of financial management.

The fundamental purpose of family investment and financial management is to preserve and increase the value of family property, or maximize family wealth. Furthermore, the pursuit of wealth is the pursuit of success and the self-realization of life goals. Therefore, we advocate scientific financial management, which is to make good use of money, so that the family's financial situation is in the best state, meet the needs of all levels, and have a rich life.

In this sense, everyone needs to manage their finances.

From a professional point of view, family financial management is to determine the phased life and investment goals, examine one's own asset allocation and affordability, adjust the asset allocation and investment structure according to the advice of experts or one's own learning, keep abreast of the asset status and related information, and maximize the return on family assets through effective risk control.