How can zero savings families manage their finances to protect against risks?

The so-called "zero savings" does not know whether it refers to those who have no deposits in the bank but have other ways to invest in financial management, or whether it simply refers to a poor family with no money. If it is a family with no money, it is really difficult to resist risks, and it has no money and does not need financial management, right? Here we can only talk about how to protect families from risks in the absence of bank deposits.

First of all, make a good financial plan and do a good job of opening up sources and reducing expenditure. According to a family's usual expenses, the amount of the family's monthly salary, financial plan, etc., the short-term and long-term financial management goals and financial management plans should be thorough and detailed. In ordinary life, we must open source and reduce expenditure, and we can't exceed the consumption standard because of high wages, and strictly follow the financial plan to implement it, after all, there is no bank deposit to protect it.

Secondly, invest in fixed asset projects. The investment in fixed assets is hundreds of times stronger than bank deposits, and now the real estate transaction has been high, and there has been a large-scale price reduction, in the face of this situation, we should decisively invest in housing prices, an average appreciation of 100,000 yuan a year, no problem, 1 million bank deposits a year only 17,500 yuan, far less than the investment in fixed assets.

Third, invest in insurance or wealth management products appropriately. According to the age structure of family members, they can invest in insurance products and wealth management products to prepare for expenses in pension and education. Now insurance and wealth management have become the two most popular ways of financial management, insurance business is now a set of deposits and claims as a whole, wealth management products can also be exclusive personalized financial management, conditional families can choose some suitable products in insurance and financial products.

However, if you have money or not, you should keep some cash in the bank. Even if a family's financial plan only includes the purchase of financial management, insurance, and real estate, these methods are cashed out very slowly, and the term is relatively fixed, and the money may not be taken out immediately in case of emergency, so there are still some bank deposits that are more suitable for family backup.

I think that those families who do not have savings can save money first, and save a certain amount to resist risks.

Families with zero savings should develop good saving habits, save part of their salary after the monthly salary is paid, and keep part of it for financial management, so as to resist risks.

For families with zero savings, it is recommended to budget first. Clear every expense, then subtract unnecessary expenses, draw up a new budget, save as much as possible, stick to a certain amount of savings for a few months, and then use it for low-risk financial management. Only a steady increase in savings can resist household risks.