Do you have any tips for learning how to manage money?

Nowadays, the threshold for financial management is very low, and there are many online platforms for financial management.

However, if you are a novice in managing money, it is best to learn systematically and have good habits first.

The types of wealth management such as savings, bank wealth management products, bonds, foreign exchange, real estate, insurance and so on.

After learning, customize the asset allocation that suits you according to your own situation:

1.Prepare working capital reserves.

It can be stored in currency**, with good liquidity and convenient access.

Yu'e Bao, Wealth Management: I think Yu'e Bao is more convenient, and the speed of transfer and withdrawal is very fast.

2.Aggressive investments.

If you are not ready to use money in the past few years, you can buy some aggressive types.

If**, bonds, P2P, etc.

Divided into Index, Index, Hybrid, Bonds, and Currencies. The rate of return and risk decrease from top to bottom.

Don't buy too many chickens at the same time, it's better for novices to have less than 4.

When investing in a risky type, you can supplement it with a less risky bond type.

3.Of course, it is also good to configure insurance, the biggest function of insurance is to protect family cash flow and manage risks.

The recommended order of insurance is accident insurance, life insurance (term life insurance is recommended for children under 30 years old), > critical illness insurance.

The "Double Ten Principle" of the sum insured: 10% of the annual income is used to make 10 times the sum insured of the annual income. (In fact, it is more appropriate to control the annual income to less than 5%)

Finally, I recommend a few books.

Learn to manage money with money" and "Millionaire Next Door".

The Richest Man in Babylon

There is no trick to financial management, the main thing is actual combat, and then constantly enrich your theoretical knowledge in the implementation, and then enrich your practical ability.

Hello, don't think about taking shortcuts, if you're really interested, refer to Zhuoyou, there is a novice training camp.

How should a novice learn to manage money, and is there any way?

There are many ways of financial management: buying funds, buying financial products, buying treasury bonds, deposits, buying **, and reasonably planning the use of funds are the basic skills of financial management. Beginner financial management can start with a fixed investment.

The fixed investment is similar to the bank's zero deposit and one-time withdrawal, with only a little bit to maximize returns. Rational planning of the use of funds. For example, there should be a clear distinction between essential and non-essential expenditures.

It's best not to consume it in advance. When learning the basics, you can buy some data and report to a novice training camp to learn, or you can learn the basics in the app on the investor education app.

Bank deposits are no problem for any financial novice. They are simple and easy to operate. However, there are some tricks to even keeping money in the bank.

There are a few tips on what type of deposit, how to deposit, when it is best to deposit or at a higher interest rate. For those who want to improve their financial skills, it is necessary to master these skills in the process of saving money. Treasury bonds and reverse repo of Treasury bonds.

Treasury bonds and reverse repos are financial products with principal and interest protection, just like bank deposits, but the yield of treasury bonds and reverse repo of treasury bonds change more frequently than the interest rate of bank deposits. In fact, once you're familiar with these types of financial management, you can use them in combination to maximize your earnings.

For example, if the maturity is one year or less, the yield on Treasury bonds is higher than the bank deposit rate for the same maturity. If the maturity is two years or more, the interest rate on bank deposits is higher than the yield on Treasury bonds. When choosing financial management for different periods, they can buy together or buy financial management with higher income.

Monetary ** organization. Currency is a public currency. Buying currency is equivalent to entering the realm, paving the way for future investments in others.

Currencies are one of the safest financial products and generally do not have to worry about losses. By buying currency, we can safely develop an understanding of financial management and thus prepare to invest in other, higher-yielding ones in the future.

In addition, currency** can also be matched to reverse repo on Treasury bonds, selecting the highest yielding Treasury bond based on changes in yield. Cash management for banks. Cash ManagementFinancial management is similar to currency**.

It is also a relatively safe financial product, suitable as an entry-level financial product for Xiaobai financial management. By purchasing bank cash wealth management products, we can gradually establish an understanding of bank wealth management.

We must master the basic theories, financial knowledge, we must understand the national policies, understand the best of the best, we should seize the opportunity, we should pay attention to risk avoidance, and we must find a particularly good platform when managing money, such as a bank.

In the process of learning financial management, novices can also choose financial products that suit them and try not to invest too much money. Observe first, and then start to do a good job of risk control.

You must choose the way of financial management according to your actual economic ability, choose some more safe financial management methods, do not take out loans to manage money, and you must remain sensible.

To master the knowledge of financial management, it is also necessary to learn financial management skills, and to study relevant courses in advance. It is necessary to pay attention to the risks, to choose the right project, but also to pay attention to the method of selection, pay attention to the mastery of knowledge, do not choose blindly, and must have your own analysis.

I don't remember who said: It's better to be famous as soon as possible, and I think it's even better to manage your money as soon as possible!

The sooner you manage your finances, the clearer your life plan will be, and the more wealth you will have.

Financial management is the best way to treat the fruits of one's labor, and there is a gap between those who manage money and those who do not.

Even if it is only an annualized expected rate of return of 5%, the current initial investment of 10,000 yuan will become 10,000 x (1 + 5%) 20 = 26,533 yuan in 20 years, and this is the effect of compound interest.

When it comes to financial management, the compound interest brought by time is far beyond your imagination.

The best time to plant a tree was ten years ago, followed by now.

It doesn't matter how much money you have or how old you are, as long as you're willing to invest in a life of financial freedom for yourself, it's never too late to act!

The landlord must have gained something from participating in the financial management training camp, but whether he wants to learn further depends on his personal wishes.

In short, in the Internet era, as long as you want to learn, there are a variety of learning methods to choose from!

If you are a financial novice, you should start learning from the following points:

1.Know yourself.

Before learning how to manage money, you must first know yourself. There are two things you have to do to know yourself:

The first is bookkeeping. Through bookkeeping, you can know your true income and expenditure and analyze your financial situation.

The second is to assess risk appetite. Assess how much risk you can take and determine your risk appetite before you can determine which financial management methods are suitable for you.

2.Establish a knowledge system for financial management.

Learning is the foundation for building a knowledge system. There are many ways to learn, such as reading articles, watching the news, and listening to reliable online courses. If you have enough time, you can pick a few books on financial management to read.

For example, the previously recommended "Puppy Money Money", "Poor Dad Rich Dad", and "Learn Financial Management from Scratch".

3.Develop a financial mindset.

After completing the establishment of the knowledge system, it is basically an introduction to financial management. At this time, you should know two truths.

Managing money is not just about investing, it's about matching your future life plan. For example, travel plans, plans to buy a house and a car, children's education and pension planning, etc.

Financial management is a matter that requires long-term planning and perseverance, and there is no one-size-fits-all solution, and it is impossible to get rich overnight.

4.Start saving principal, as well as making money.

Investment must have a principal, and saving principal is not to blindly save, but to open source and save money in a planned way. When you have a certain amount of principal, you can try to invest and let the money make money. Of course, don't invest too much at first, after all, experience is limited.

Then, slowly adjust it according to your risk tolerance. Through planning and review, you can slowly improve your actual combat ability. Therefore, learning financial management from scratch is really not about watching a live broadcast, and buying a financial product as soon as you are excited to buy it, even if it starts.

Financial management is a complex system, and only by taking it slowly step by step can we harvest a steady stream of wealth.

That's all for me, I hope it helps

As a novice financial manager, I recommend the following:

1.Set financial goals: First, you need to identify your goals, such as buying a house, traveling, retirement, etc. Once you've identified your goals, you can create a suitable financial plan.

2.Learn the basics: Understand the basic concepts of financial management, such as personal accounts, bonds, insurance, etc., as well as the risks and benefits of different products.

3.Create a budget: Create a balance budget, be clear about your income and expenses, and eliminate unnecessary expenses.

4.Risk diversification: Risk diversification is an important part of financial management. It is possible to diversify the investment in different sectors and markets by buying different kinds of ** and **, etc.

5.Seek professional help: Leave your assets in the hands of a professional, such as a financial planner or investment advisor at a bank or other financial institution.

When it comes to learning, you can do the following:

2.Participate in online or offline finance courses: such as MOOCs, MBA finance courses, ** training courses, etc.

3.Pay attention to financial management: Some financial management, such as which network, Xueqiu, etc., provides a lot of knowledge about personal financial management and investment.

4.Consult a professional: Consult with professional financial planners, financial advisors and investment managers for professional advice.

In short, as a novice in financial management, you should start learning from the basics, establish a correct financial management concept, and tailor a suitable financial plan. Financial freedom can only be achieved by gaining knowledge and advice through multiple channels and increasing your financial skills.

Establish budgeting and saving habits: A good money habit is to first control your spending and get into the habit of saving money every month.

Learn basic financial management concepts: Understand the basic concepts of financial management such as interest rates, investments, insurance, etc.

Attend courses and seminars: Attending online or in-person courses and seminars allows you to learn more about financial literacy and network and discuss with other learners.

Seek professional financial advice: If you're not sure how to get started, talk to a professional financial advisor or consulting firm for advice and guidance.

Create a personal financial plan: You can start creating a long-term financial plan for yourself, including savings, investments, and retirement plans.

Rational investment: When investing, it is necessary to remain rational and cautious, and always remember that investment is risky, and it is necessary to do a good job of risk control and avoidance.

In short, financial management is a long-term learning and practice process, and you can improve your financial management ability and experience through continuous learning and practice.

Set a financial goal and start with **.

Poor Charlie's Treasure.

Reasonable financial investment needs to understand personal risk tolerance, asset status, family situation and other factors, in order to choose the investment method that suits you according to your own situation. Here are some common money books for your reference:

1."The Road to Wealth Freedom".

2."Poor Dad, Rich Dad".

3."Time as a Friend".

4."Memoirs of a Craftsman".

5.Warren Buffett's Letter to Shareholders

6."Rich Dad's Cash Flow Game".

7."The Smart Investor".

8.Financial Market Analysis and Trading

Of course, in addition to reading books, learning about economic news and paying attention to the financial market can increase your financial knowledge. At the same time, rational allocation of assets and control of investment risks are also important factors for financial success.

If you are a financial novice, you can start with the following aspects:

1.Learn the basics:

The basic knowledge of financial management includes: consumption concept, investment and financial management, and risk management.

management, tax planning, etc. You can use books, online courses, and financial blogs.

and other ways to learn.

2.Get your finances in order:

The first step in managing your finances is to sort out your finances, including income, expenses, debts, assets, etc. Only by knowing your financial situation can you accurately choose your financial management methods.

3.Make a sound financial plan:

Make a reasonable financial plan according to your financial situation. Can be considered.

Investments**, bonds, insurance, and more. But beware of risk management.

There are plenty of free or paid money courses, seminars and articles available online for you to learn. For example, official platforms such as the Finance and Taxation Knowledge Base and the Pocket Financial Management Academy. In addition, channels such as Caixin, ** bar and other channels are also good learning references.

In general, financial management requires long-term and systematic learning, don't be impetuous, to.

Thoughtful and persevering.