The common sense of economics and the basic knowledge of financial management required for financial

One: You need to have a certain knowledge of economics.

2. To learn economic knowledge is to improve one's financial risk assessment ability.

Three: 1. Understand the basic purpose of financial management.

Generally speaking, newcomers have no more than the following three purposes.

1. Protection: that is, the protection of life property and the economic basis of life, generally including insurance planning and cash planning. Use your 3-6 months' salary as your own part of the security. When you lose your job or have an emergency, you have a guarantee for yourself.

2. Value preservation: that is, not to depreciate the value of money, not to be depreciated by inflation. This type is mainly low-risk investment, such as treasury bonds, bank wealth management, currency**, etc.

3. Value-added: that is, let the money increase and realize the freedom of wealth as soon as possible. There are medium-risk investments, bonds, **, **real estate, ***; High-risk investments, trusts, **, foreign exchange, art.

Value-added is the most critical part of financial management, and it is also the most important indicator to measure the success of financial management.

2. Strictly control desires and maintain consumption at the same level as income.

Maslow's needs theory shows that human needs have many dimensions, the most basic is the need for survival, and the highest is the realization of personal value.

The realization of each dimension of needs corresponds to different income levels and ability circles, especially from the need for survival to the level of quality of life, and the individual differences in material conditions are very huge.

When you have a monthly income of 4,000, you want to live a high-quality life, which is tantamount to a fantasy, so we must control our desires, improve the quality of life appropriately on the basis of meeting the basic living conditions, and never go into debt for no reason.

3. Bookkeeping, analysis and mastery of their own economic situation.

And regularly take stock of income and expenditure to understand what your income is, which consumption can be saved, and which consumption funds are higher, and you must prepare funds in advance.

Bookkeeping is to let yourself know where your money is spent, so that you have a number in your heart and can spend it in a planned way.

Fourth, formulate a budget and strictly implement the consumption concept of living within the limits of income.

Combined with the analysis results of bookkeeping and inventory, the time point of consumption is recorded in real time, and the focus of each month's consumption is predicted in advance. Remove unnecessary consumption, consumption points that cannot be reached at income levels.

Budgeting may sound boring, tedious, and contrived, but you can find out where a large amount of money is going in the little things you spend on a daily basis. In addition, a specific budget is very beneficial for us to achieve our financial goals.

As a newcomer to investment, you should be clear about your basic situation, and on the premise of being familiar with your own basic situation, you can find a safe platform and suitable financial products for yourself, and you can start your own financial management road.

1. Learn financial knowledge: No matter what you want to invest in, you must first understand the industry situation, and you can go to the best in the well-known industry to learn financial knowledge and financial skills; 2. Establish a correct financial management concept: risks and returns actually exist together, so you must learn how to avoid risks, maximize the return of assets, and keep the guaranteed funds and try not to use them; 3. Do not concentrate on decentralized financial management

No matter what kind of financial products, there will be risks, for novices to choose a small amount of diversified investment is the most effective way to reduce the risk, but also to know their own investment in financial products, not to say that you can diversify the investment on the random investment; 4. Accumulation of information channels: When managing money, it is necessary to maintain the smoothness of information channels and pay attention to national political and economic changes at any time, after all, the investment and wealth management market is changing at any time, and it is very important to grasp market information in a timely manner; 5. Good investment mentality: Maintain a good attitude and correctly view the relationship between investment returns and risks, so as to make appropriate investment choices.

1. Consumption issues in terms of clothing, food, housing, transportation, car purchase, housing, labor and employment, tourism and leisure, etc.;

2. Investment methods and investment skills related to savings, bonds, lottery real estate, insurance, etc.

3. Why does the financial crisis on Wall Street affect the Chinese people?

4. The 100 yuan earned ten years later is equivalent to how much it is today.

5. Why can't rich coal bosses stop frequent mining disasters?

6. The decision of equilibrium - why pork rises and falls. GDP – who is richer, you or your neighbor, Mrs. Wang. Inflation — what to do if the meal has been cooked and the guests come again.

7. Monopoly - why are computers installed with Microsoft systems?

8. M&A - when the porridge shop in the east buys the dumpling restaurant in the west.

9. Opportunity cost: why Peking University students sell meat to cause controversy.

10. Monetary Theory - Who gave the RMB the right to exchange for goods.

11. Why is it so difficult to get a Beijing hukou?

12. Why are Christmas gifts all over the world made in China?

13. What is the purpose of Obama's accusation that China is manipulating the exchange rate?

14. In behavioral economics in life, everyone is faced with choices and decisions every day, but not all of these choices are "rational", on the contrary, people's past experience, satisfied assumptions, imprecise frame of reference and other factors often make "irrational" choices that are detrimental to the greatest interests.

For most wage earners, income determines the basis of risk tolerance. Income is the foundation, age is capital, the following is about financial knowledge, welcome to read.

Financial knowledge 1: Income is the foundation, age is the capital

The first is the stability of income, a stable income can have a balance to manage money, even if the balance is 1,000 yuan per month; The second is the level of income, generally speaking, the higher the income, the higher the risk tolerance.

However, it should also be noted that regardless of income, the proportion of investment and wealth management is the key to judging risk tolerance.

With an annual salary of one million, he invested nearly 10 million with leverage, which obviously exceeded his own'risk tolerance; With an annual salary of 100,000 yuan, but only 10,000 yuan is used to manage money, which is obviously far lower than your risk tolerance.

It is suggested that, in addition to daily expenses, liabilities and a certain amount of standby cash flow, the rest of the balance must be allocated according to the returns and risks of wealth management products, their own risk tolerance and return expectations.

But remember that when your expected return conflicts with your actual risk tolerance, you can only consider your actual risk tolerance, or you will wait to go bankrupt at any time.

Financial knowledge 2: Age is capital

Age is the capital of risk tolerance, and generally speaking, the older you are, the lower your risk tolerance.

Expenses are small in youth, large expenses in middle age, large debts, and loss of income in old age** to deal with expensive expenses such as pension and medical care. Relatively speaking, the older you are, the more prudent and conservative your financial management choices should be.

Therefore, youth is capital, and when you are young, you can choose modestly according to your income.

Here's what ordinary people should know about financial management:

1.Start saving: The first step in managing your money is saving. It is advisable to put 10% of your monthly salary into a savings account as an emergency fund reserve.

4.Consumption choices: When buying necessities, you can choose relatively low goods, such as coupons, goods, etc.

5.Debt management: Avoid debt as much as possible, and prioritize repayment of high-interest loans if there is debt to manage.

6.Clever investment method: choose different investment methods according to your own risk tolerance, such as **, **, equity, etc.

7.Insurance Protection: Purchasing appropriate insurance, such as accident insurance, medical insurance, etc., can maintain the stability of family life.

In short, financial management needs to be carefully planned, stable and realistic, considered for the long term, not greedy for short-term profits, control risks, and do a good job in asset allocation.

Here are some financial knowledge that ordinary people should know:

Savings: Savings is the foundation of financial management, and you must have a certain saving habit and can deposit a certain percentage of your monthly income into a bank fixed deposit in case of emergency.

Control your spending: Learn to control your spending, plan your spending reasonably according to your financial situation, and avoid overspending.

Investment: Investment can help increase wealth, but you need to pay attention to investment risks and choose an investment method that suits you, such as **, **, bonds, etc.

Diversification: Don't invest all your money in the same project, diversify your investments and reduce risk.

Avoid borrowing: Try to avoid borrowing, and if you need to borrow, choose formal channels, such as bank loans.

Rational consumption: Be rational when consuming, don't blindly follow the trend, and don't consume for the sake of face or vanity.

Learn about financial literacy: Learning financial literacy can help you improve your financial intelligence and better manage your finances.

In short, financial management is a long-term process, which requires continuous learning and practice, and formulates a reasonable financial plan according to Gao Fu's actual situation, so as to better manage his finances.