You Ignore Money And Ignore Your Finances.

Do you think that you are not rich and have nothing to do with financial management?

Or think that money management is a nuisance?

Everyone wants to have wealth, but not everyone is right.

This week, the financial room specially invited Li Le, the financial manager of Chengdu branch of Minsheng Bank, the immortal Bank branch. He will explain the 5 major misunderstandings in financial management for everyone to help you establish a correct financial management concept.

Expert interpretation: for those who do not have money, financial management should be viewed from two aspects: open source and throttling.

Some people are too low in wages and pay no money after paying the necessary living expenses. This type of people should strive to improve their competitiveness in the workplace, and strive to increase their own labor income.

Another kind of person is their own higher income, but lack of long-term planning. They do not pay enough attention to their children's education, retirement planning, pension preparation, and over consumption.

This type of people should gradually strengthen the sense of long-term planning, reduce their own consumption expenditure, and use the remaining funds to achieve the goal of financial management.

Expert interpretation: financial management in broad sense includes investment, and investment planning is only one aspect of financial planning.

Financial management is more about the full use of a package of financial products.

Expert interpretation: because the types of financial products are more diversified than before, and with the gradual opening of the financial market, investment varieties are becoming increasingly complex. For ordinary investors, financial management is becoming more and more complex, and there is a certain risk.

Under such circumstances, for those who are too busy to get involved in related fields, it is best to rely more on professionals to assess their own subjective risk tolerance and objective economic strength before making financial investments.

Experts interpret: financial management is a habit of behavior, spontaneous consciousness, and less money, there is no inevitable link.

At present, financial institutions can provide financial products for different amounts of customers, and make further subdivision on the starting point of investment. Investors can choose according to their actual situation.

For example, there are hundreds of yuan each month to participate in the fund's fixed investment, there are tens of millions of threshold private equity investment funds, there are fifty thousand, two hundred thousand, one million, three million and many other starting point products to choose from.

Therefore, financial management is something that every willing person can do.

Expert interpretation: everything must be done as early as possible, since knowing that financial management is a very helpful thing for everyone, why should we wait?

The sooner you start financing, the easier it will be for the rest of your life.

For example, a series of large amount of rigid expenditure such as purchase plan, children's education plan, pension plan and so on. If we can only prepare funds at the time of expenditure, it will be very hasty and even cause financial goals can not be achieved.

Taking children's education as an example, if children can only start to prepare their children's education fund with a fixed portion of their funds every month when they are born, they can completely avoid the need for a large sum of expenditure for education in their future adulthood, which will cause a great impact on family finances.