Today, with the proliferation of financial information and a dazzling array of investment varieties, managing money should be easy. However, according to research from the Wealth Physical Examination Center, a well-known domestic third-party financial management institution, more families are more confused about financial management, and their spare money is stock trading. ? Buy a fund? Buy a trust? Or deposit it in the bank? If you are short of money, should you overdraw your credit card or take out a small loan? In particular, some novices in financial management are like "one head and two big ones".
I am not afraid of the word "difficult" getting in my way, but I am afraid that the word "lazy" will get in my way. Regarding issues such as how to manage family finances well, how to formulate family financial management plans, and how to implement family financial management plans, many people express "one first and two big" issues, which they find difficult, but they are not lazy and do not manage finances, or even give up. Financial management is commendable. Before solving the problem of how to manage family finances well, Jiafengruide financial planners must first have a correct understanding of family finances. The so-called family finances mean learning to manage family wealth effectively and reasonably to meet daily needs to the greatest extent. In addition, it can enhance family economic strength and improve the family's ability to resist risks. To do a good job in family financial management, you must first have a clear goal, such as buying a car worth 200,000 yuan in one year, and buying a house worth 2 million yuan in three years. The more specific the better; then develop a feasible family financial management plan based on the goal. The most important thing is What is important is to persist in executing it until it is achieved. If the goals of family financial management are not clear and the family financial management plan is only based on feelings, the final bad results will definitely make people "one head and two big".
In fact, you only need to plan five things for family financial management:
1. Marriage plan
One of the major events in life is "marriage". Marriage means moving from a single life of one person to a family life of two people, and it adds another responsibility. Merge the financial management records of two people, work hard together, and make a happy financial plan together, and do not allow a happy marriage to be on the rocks due to family financial problems.
Every newlywed's wedding planning and formal marriage is a huge expense for every family, especially in today's materialistic era. To get married, you must have a house, a car, three pieces of gold, and even The son-in-law also has to coax the mother-in-law, which is another expense to please her. But if we can make plans together, it will not only solve the financial pressure caused by marriage, but also help each other trust each other more and make the marriage happier by managing finances together for a common goal. Financial planner Jia Feng Ruide said that first of all, two people or even two families should communicate before marriage to prepare for the wedding and budget for the wedding. For example, the man will buy a house and have a banquet, and the woman will buy a car and decorate it. This can alleviate financial pressure. There are also choices of marital property systems, confirmation of family expense sharing methods, etc. It is recommended to communicate well before marriage.
#JRJ Page break#
2. Education plan
The education plan is mainly divided into two aspects. One is the child’s education plan; the other is the couple’s follow-up education plan.
We hope that our children will succeed and our daughters will succeed. Children’s education is the most important investment in every family. Moreover, in the 21st century, raising a child, apart from the parents’ time and energy, the economic cost alone is scary enough. . It is understood that currently, it generally costs at least 500,000 to 1 million yuan to raise a child from birth to when he graduates from college and enters the society. If you want to study abroad, it will be even more. Therefore, children’s education plans should be carried out in advance. There are three ways to save money: First, compulsory savings to set aside a fund for the child. Financial management tools include fixed investments, bank fixed deposits, etc.; the second is to use a sum of funds to make long-term and stable investments, such as fixed income and real estate trust investments such as Yishengbao; the third is children's education insurance, etc. In short, this Funding should be stable.
Secondly, follow-up education is also an investment. Live until you are old and learn until you are old. If you don't learn, you will easily be eliminated by society and your job will not be guaranteed. Income from work is often the main source of funds for working-class families, but it is not enough to rely on wages. You must continue to invest in yourself in the later period to improve your work ability and obtain opportunities for promotion and salary increases, which also reflects a person's social value.
#JRJ Page break#
3. Planning to buy a house or a car
house, hoping to have a warm residence and gain a sense of belonging.Cars facilitate travel and provide quality of life. But the two together mean that a lot of money is needed. The implementation of these two plans must be implemented based on actual conditions.
In addition to those who can afford to buy a house, those who do not have enough funds to buy a house temporarily can rent a house first; those who have the ability can pay the down payment and then take a combination loan (provident fund + commercial loan) to help Buying a house, but after buying the house, you still need to pay for decoration and home appliances later, which may invisibly reduce the family's ability to resist risks. For this reason, Jiafeng Ruide financial planners recommend that you must do a good job in increasing revenue and reducing expenditure in the early stage. , or adjust the family's house purchase plan by reducing the total price of the house, or postpone the house purchase plan.
car purchase plan, it is recommended to buy according to your needs. If the couple has a shuttle bus to work, or can go to work by taking the subway or bus, it is recommended not to buy a car for the time being; if you really need it, it is too far to work and it is inconvenient to take a car, or you need a car for business, etc. You can consider buying a car. At the same time, in addition to considering the price and performance when buying a car, you should also consider the subsequent maintenance costs, including fuel costs, insurance premiums, etc. Try not to put pressure on the family's daily expenses and affect the family's quality of life.
#JRJ Page break#
4, investment plan
When family savings slowly increase, they must consider maintaining and increasing value. Keeping them in the bank will only accelerate the depreciation of family assets, because now bank fixed deposits only account for 2% per year. Interest, but today’s prices are very high. Just look at the rising housing prices every year. In the past, 1 million yuan could buy a 2-bedroom apartment, but now 1 million yuan can only buy a 1-bedroom apartment. Therefore, it is necessary to find some investment and financial management tools to quickly increase the value of money. It is best to have an investment type that can combine profitability, safety and liquidity. However, nowadays, there are so many types of investments. How to choose the right one? Financial planners believe that the choice should be based on the family’s financial needs and risk tolerance. For example, a stable family can choose a large certificate of deposit with stable income, with an investment starting from 300,000 yuan; For treasury bonds, liquidity must be considered; or financial products such as fixed income with a yield of about 10%; radical families, due to their large investment funds and strong risk resistance, can allocate investment products with stable returns. Participate in some high-risk investments, such as stock markets, futures, foreign exchange, stock funds, etc., but the proportion is best controlled at 20%-30%.
#JRJ Page break#
5, insurance plan
Life is often full of countless unknown risks. A serious illness may cause the family to go bankrupt or even be heavily in debt. For the safety and stability of personal and family life, the formulation of an insurance plan is necessary, which can mainly improve the family's risk prevention capabilities and play a role in transferring risks. Regarding how to choose insurance, it is recommended that families choose those insurance types that are pure or partial protection and have health and medical protection functions, and accident insurance can serve as a supplement. The order of purchasing insurance is to put adults first and then children. Adults are the best protection for children. In addition, the total cost of insurance for a family in one year should not exceed 10% of the annual income.
Since there are various insurance products on the market today, there are also many traps, such as converting previous deposits into insurance policies, overbearing clauses, etc., which will cause consumers to suffer losses. For this reason, when choosing insurance products, Jiafeng Ruide financial planners recommend that every family When purchasing, you must also purchase according to your needs and do not be fooled by sales staff. Secondly, when purchasing insurance, be sure to read the insurance terms carefully to see whether there are any overlord clauses and how the claims will be settled, so as to avoid unnecessary disputes.
There is no need to "have one big head and two big heads" when it comes to family finance. You have to think about things and worry yourself. As long as you do the above five things and plan them properly, you will be relaxed, your wealth will increase steadily, and your family will be happy!
