There Is A Knack For Alleviating Short-Term Financial Pressure; &Nbsp; Financial Planning For The "Gnawing Old" People.

Alleviating short term

In the face of high house prices, a lot of just

Simply analyzing the situation of income and expenditure, we can easily find that in a short period of time, the elasticity of changes in income and expenditure of this group of people is very small, so the gap can only be solved by borrowing or extending the time span.

But such practices often encounter some difficulties.

For example, in order to meet all kinds of needs in a short time, it may cause excessive borrowing and increase the financial burden of the family, resulting in a decline in the quality of family life, or even disharmony within the family. The uncertainty between the two choices of investment or return of loans leads to some extreme trend, or excessive attention to repayment pressure and neglect of the necessary family security.

There are many similar problems and difficulties, which may affect the lives of young people and bring hidden troubles to family financial safety.

In view of the above problems, some young people who want to get rid of the current situation of "gnawing old people" can consider making reasonable arrangements in two aspects of income and expenditure so as to achieve income and expenditure reduction.

First of all, the best way to improve income is to work hard and achieve greater success in the work, which will also increase the income of the family.

Secondly, choosing suitable investment portfolios and making moderate investments is another way to increase household income.

Because young people have stronger ability to resist risks, they can appropriately match some stock or stock investment funds to achieve rapid accumulation of household assets.

In terms of expenditure, borrowing to alleviate short-term financial pressure is a good choice, but excessive borrowing should be avoided as far as possible. Generally speaking, the monthly repayment amount should not exceed half of the monthly income of the family.

If borrowing is unable to meet short-term housing needs or unwilling to borrow, then after family members' communication and consultation, this need should be postponed as far as possible. When the capital is abundant or the time is more mature, it will be considered again.

At the same time, on the basis of moderate consumption, controlling excessive consumption desire and diligent and frugal housekeeping are another option to get rid of the "chew" hat as soon as possible.

Finally, while planning revenue and expenditure, adequate family financial support should also be made.

Through the reasonable matching of life insurance, sickness insurance and endowment insurance, we can provide a guarantee for the family's cash flow in the future, so that all members of the family can lead a happy and comfortable life.