How to manage novice financial management
1, cash plan, store appropriate security fund.
Take your 3-6 months' income as part of your own security fund. Once you have a career or other emergencies, you can use it in an emergency to provide you with multiple stable living guarantees.
2. Hedge planning and learn to invest in small amounts.
If you have extra spare money on your bank card, would you like to deposit it in the bank and let it earn a few or hundreds of dollars a year slowly, or would you like to increase the value of your money and earn some extra money for yourself through other channels?
Generally speaking, most people will choose low-risk investment, and in this industry, the channels with slightly higher selection rate are "national debt", "bank financing" and "money fund".
3, value-added planning, in-depth medium-sized investment projects.
This mainly refers to increasing the value of money and allowing investors to realize the freedom of wealth as soon as possible. In this regard, people often choose medium-risk investments, bonds, funds, stock real estate, precious metals; High-risk investment, trust, futures, foreign exchange, art.
Of course, as a newcomer, these are all processes that need to be explored step by step. Before understanding and operating these, people should also pay attention to the following two points:
4, reasonable consumption, no longer be a "moonlight family"
Learn to check your consumption from time to time to see where the money is spent, what is necessary and what is unnecessary. Is there a fixed storage plan to reduce unnecessary expenses? For example, when your income is not so high, you have to bite the bullet and follow suit for Apple 6.
In this regard, the most important result is a fixed deposit. If you have some difficulties at first, you can start with less, which generally accounts for about 30% of your income. As long as it does not affect normal life, this ratio can be appropriately modified. We suggest that for beginners, it's best to save the salary after paying and then spend it slowly.
5. Learn to keep accounts for yourself.
Bookkeeping is to let yourself know where your money is spent, where it goes, how much your net assets are, and the specific consumption details of each month. In this way, novices can know how much they normally consume every month, what they should and should not consume, and gradually establish a good habit, so that they can spend in a planned way.
Misunderstanding of novice financial management
1, investment and financial management will definitely get high returns.
Some people define the ultimate goal of investment and financial management as obtaining high returns, which is very one-sided. Financial management is also managing life. Besides the significance of earning income, it is also a better plan for life. Moreover, investment and financial management is a diversified investment method to reduce risks through asset allocation. Its advantage is that it can find the balance between risk and income and realize the preservation and appreciation of wealth. Don't blindly care about high returns and ignore other key factors.
2. Asset allocation is a simple diversification of investment.
Many people think that asset allocation is very simple, that is, buying some wealth management products. This idea is very unsafe. Reasonable asset allocation is very important, and the choice of financial management methods needs careful consideration, and the combination cannot be arranged blindly. Before asset allocation, determine the goal, understand the knowledge and skills in this area, and consider a safe and suitable platform in all aspects.
3. Don't worry after asset allocation.
When many beginners manage money, the problem they encounter is that they don't take the time to pay attention to and manage the assets after allocation, which is also wrong. The assets in the portfolio may rise and fall with the changes of the market, which will gradually deviate from the initial proportion. Moreover, the process of asset allocation needs to be adjusted in time to follow the changes in the market, seize the opportunity and make the right choice.
What are the financial products suitable for beginners?
1, Licaitong and other monetary funds
For beginners, Wealth Management can be used as an entry-level financial product with low threshold, simple operation and flexible access.
Licaitong buys on WeChat wallet, with many kinds of products and relatively high income. In addition, money funds launched by JD.com, lufax and banks can all be used as options.
2. Bank investment
Bank financing has always been the most popular way of financing. Recently, the number of bank wealth management products has increased, and the rate of return has also increased. Choosing guaranteed income wealth management products, including fixed income wealth management products and floating income wealth management products, has the lowest income and relatively low risk.
3. Internet Finance and P2P
For P2P investment, it is suggested that the proportion of funds should not exceed 60%, and the number of platforms should not be too much, just three or five. There are too many platforms to choose, and there is no time to manage them, which will affect the income. We mainly choose some well-known large platforms with a term of around 1 year and a stable income of around 8%- 10%.
Choose P2P platform to refer to the ranking of online loan houses, and choose the top platform, because this is a P2P industry portal with complete and neutral information, which can save a lot of time in learning P2P, and the data and rating inside are still very valuable. For most people, P2P is a good choice. One advantage of investing in P2P is that it doesn't take too long to study and the income is stable.
If you need highly liquid financial products, you can choose some short-term financial products, such as the products launched by Time Value Network, with an annual yield of 5% and an investment of 1 yuan. The operation is simple and the transfer of creditor's rights is very convenient. The attractive feature is that the income is calculated as soon as the funds are transferred out, and the interest is calculated by seconds. Security is kept in Jiangxi Bank, with perfect information disclosure and low overall risk. Newcomers get an experience fee of 8,000 yuan, with 8.8% exclusive high income in three months. Usually there are idle funds to experience, which is very convenient for users to come, and has obvious advantages in yield and user experience.
4. Fixed investment in stocks and funds
It is not recommended for novices to contact stocks directly, which is too risky. You can try to adopt the method of fixed investment of funds and index funds.
Fixed investment fund aims at long-term financial planning. If you want to invest 1-3 months in the short term, you are expected to have a large demand for cash in the future, or you have the idea of buying a house in the near future, so it is not suitable to choose a fixed investment fund. Generally speaking, index fund is the first choice for fixed investment, because it is less interfered by human factors and only tracks the index.