Financial management is life.

What you said belongs to legend. At present, it is true.

If someone keeps whispering in your ear, it is misleading consumption.

It is true that every Japanese has seven insurances, but people do it for protection, not for income.

You must pay attention to protection when buying insurance. A tool of insurance knowledge financial management is the most defensive tool, and it is also a medium-and long-term financial management.

Save money to protect capital, go to the bank, protect risks, find insurance companies, and invest in securities (stocks and funds).

Risk is directly proportional to income, which is an iron law. Making money without taking risks is a liar.

Besides, to put it bluntly, it is said that if everyone goes to Qian Shengqian in Qian Shengqian, who will work?

Making money must be your own business. It is impossible to get something for nothing. As for how to save money, save money, preserve assets, fight against long-term inflation and avoid uncertain financial risks in the future, that is financial management in a narrow sense.

I'll extract the following passage for you, which will be more helpful after washing. This is my favorite financial answer.

Financial management is actually a way of life.

Youth is capital, and old age is wealth.

Turning capital into wealth is a lifetime thing.

What is financial management?

Is it stock trading, buying funds and investing in real estate? Or speculate in gold, buy foreign exchange and buy some foreign oil paintings? In that case, why should it be called "sustainability" again and again?

The original intention of financial management is to make finance healthier and life happier, so that people can spend their lives safely under effective protection.

Speculation is the biggest misunderstanding of financial management.

A single investment in wealth management products contains great risks, so effective asset allocation is wealth management, right? The rise of inflation goes hand in hand with the collapse of asset prices, and effective asset allocation may not be able to completely avoid risks, at least at that stage when the bubble burst.

Is financial management a comprehensive personal and family financial planning?

This answer is closest to the textbook. Through long-term and effective allocation of financial assets, the purpose of avoiding risks, increasing assets and even financial freedom can be truly achieved. However, although property planning is important, it is difficult to achieve financial freedom by ignoring career planning, personal investment and how to deal with extreme risks. Investment in financial assets can only belong to the narrow sense of financial management.

Broadly speaking, financial management is not only the preservation and appreciation of assets and financial planning, but also a habit, a way of life and a lifelong thing. Everyone has innate talents and resources, and some resources have been strengthened through continuous education and external influence in the process of growth. The process of turning resources into wealth is financial management in a broad sense.

In daily life, we need to look for undervalued assets at any time and place and convert the cash in hand into these assets to resist inflation and avoid shrinking property.

Since the disintegration of the gold standard, in order to support the expanding economic activities of mankind, the speed of credit creation has become faster and faster, and currency flooding has become a trend. In the long run, the currency is bound to depreciate, but sometimes it is fast and sometimes it is slow, which is different in different regions. Especially in the current situation that the virtual economy surpasses the real economy, the appreciation speed of monetary capital will definitely lag behind that of financial capital, so it is not a rational choice to hold money completely. Compare the price 20 years ago with the current level, and you will understand this truth.

It can be seen that the narrow sense of financial management, that is, the process of financial asset allocation needs to run through a person's life. Even if you are not an investment expert, you can overcome inflation by finding investment strategies and methods that suit you.

Career development is also an important means of financial management, which can bring you endless cash flow. In today's increasingly detailed division of labor, if you want to succeed in the workplace, career planning is essential, even more important than financial planning. Of course, you can also leave the workplace and choose to start a business, but this is a more risky financial management behavior. It can be seen that investment and financial management activities have penetrated into all aspects of our lives, which is why financial management is actually a way of life.

When one treats wealth, one will treat life.

Whether positive or negative, impulsive or cautious, diligent or slack, brave or cowardly, extreme or gentle, different mentality determines different investment and financial management results and different lifestyles. The complexity of human nature can be seen in life, and the process of investment and financial management is also a test of human nature. Financial management, like life, is the tempering of life.

Youth is the capital and wealth of old age. How to turn capital into wealth is a process of investment and financial management, which will run through people's life. Are you ready?

Good wishes!