Make money, save, protect and create wealth.

1, there is nothing to say about making money and saving money.

Wrong way of managing money: spend first and save later.

Correct financial management: save first and spend later.

2. Protect money: If you save money, you should consider how to protect it.

Hard-earned money is for a better life in the future

Buying a house and a car, the education of children in the future, the support of parents, and the living expenses for their own pension.

Every expenditure is a great pressure in our real life.

Each of us is also working hard for these dreams.

So don't lose all this money because of some risks, and let your dreams get farther and farther away from you.

Both social security and commercial insurance should be prepared.

Step 4 make money

Many people think how financial management makes Qian Shengqian.

If I can make the money grow fast enough, I won't have to protect it.

This is actually a wrong feeling.

The accumulation of wealth needs three elements: time, principal and rate of return.

For example, if you have a principal of 500,000 yuan, you can turn it into 5 million yuan through investment.

So how long will it take? How to ensure the rate of return?

If there are risks in this period of accumulating wealth,

When you have to invest money to deal with these risks.

The purpose of your initial financial management is to "buy a house", "buy a car" and "improve the quality of life"

Is it necessary to postpone in the future?

Therefore, these four steps of financial management are indispensable.

It is most important to establish a correct concept of financial management.

We all know that in investment, low risk = low return; High risk = high return

So how to achieve the steady growth of funds?

This requires more detailed financial planning.

According to the actual situation of each person or family, make a financial plan that suits you.

Can come up with 654.38+ten thousand yuan.

50 thousand to buy funds, 50 thousand to buy gold foreign exchange

We must control the money speculating in gold and absolutely can't add any more money.

Take out the money you earn, so that the money in the stock market has always been 50 thousand

Because you are in the learning stage now, and the stock market may be good this year.

If you are greedy, it is risky to invest all your money.

Then buy some commercial insurance according to 10%- 15% of your annual income.

To cope with various risks that may arise in the future.

As for the remaining money, 200,000 went to the bank to buy some short-term wealth management products (not bank insurance).

It is a bank wealth management product with guaranteed capital and interest, and the general income will be higher than the deposit period.

0.2 million/200 thousand will stay in the bank for later use.