Millionaire's Way To Solve Ten Problems Of White-Collar Financial Management

Urban white-collar workers Financial management consciousness More and more, but many people still know more about money. Ten major financial problems make you do not manage money. Is it occasionally depressed: how to manage money without seeing "wealth"? Then we must check the following financial problems. What have you committed? Let's take a look at it together.

　　 Mistake 1: follow the crowd mentality and pay attention to others' money.

In the past two years, when the stock market was on fire, whether it was buying stocks or buying funds, it was easy to make money, which made many people who didn't understand it plunged into the capital market.

A customer received by a financial planner, who saw his friend making money in the stock market two years ago, earned himself nothing. He threw all his about 200000 savings into the stock market. However, at that time, the stock index had already reached more than 5000 points. With the stock market plummeting, the stock market shrank by 2/3 at the worst market value, and now it is also losing 1/3.

Prescription: after making a thorough understanding of your situation, make a long-term plan. Financial planning Pay special attention to things you don't understand.

　　 Fault two: forget the most basic means of financial management -- saving money

A member of the financial advisor's family has an annual income of more than 200 thousand, but the couple spend too much money and have little savings.

Prescription: the accumulation of assets is very important, and saving is the simplest and most practical means of financial management.

　　 Three: buy a house with fixed assets.

Many people feel that buying a house is a very safe way to invest, so when they have the money, they will buy a house. One family bought five houses, accounting for 95% of family assets, and another young man bought four houses and about 800000 mortgages.

Prescription: financial advisers suggest that although the value of fixed assets is comparable, there is limited space for value-added and poor liquidity. Therefore, the proportion of fixed assets in all household assets is best not to exceed 60%. {page_break}

　　 Fault four: buying insurance is not guaranteed. Adults only protect children.

Modern people love their children, and give all their good things to their children. There is a family that buys all kinds of insurance for a 1 year old child with a total guarantee of 200 thousand yuan. But the parents of their children rarely buy commercial insurance.

Prescription: family's economic pillar should be the main target of insurance. In addition, there is a stipulation for children's insurance that the maximum insured amount for teenagers under 18 years old is 50 thousand yuan if they die.

　 Fault five: delusions of wealth overnight

Many people do not have a clear understanding of financial management. They think that money management is investment and making money. Some people even think that assets should be doubled over a year to be a real financial management.

Prescription: financial management is to make long-term scientific planning through the analysis of the family assets and financial goals, so as to make the living standard flourishing and finally achieve financial freedom. Getting rich overnight is not a matter of financial management. Sticking to the idea of long-term investment is the right concept.

　 Six: young neglect insurance

The life finance manager received a typical young couple who became a neglected insurance. They have higher incomes, two houses and 400 thousand mortgage loans. But in terms of insurance, they only have social security, almost no commercial insurance. The women's unit has bought some commercial insurance for their employees, but she doesn't know the details.

Prescription: it is suggested that young people should not neglect the importance of insurance. Especially young people are in the rising stage of their careers. Once they are sick or accidents, they will bring a great blow to families.

　 Fault seven: no long-term plan, just focus on the present.

The financial planner received a more than 60 year old citizen whose assets exceeded 5 million. But financiers find that these assets are mainly pavements and factories, and the public has not thought about insurance planning and pension plans.

Prescription: many urban people only know that they are desperate to earn money and are ready to earn money to rest, but they do not think much about the future. Therefore, from now on, we should establish long-term plans. {page_break}

　 Fault eight: emergency reserve fund is not sufficient.

Financial managers point out that many families ignore this. Stocks, funds, and houses are all in a lot, but cash for emergency is scarce.

Prescription: Although the money put in the bank's survival period does not have much value-added effect, but it should be 3~6 months of income as a family emergency reserve fund, in case of a rainy day.

　　 Fault nine: not clear about your expenses and income.

A member of the financial manager receives a lot of money and is not clear about his income and expenses. There is no balance in a month.

Prescription: from a financial point of view, income - deposit = expenditure, not income - Expenditure = deposit. We should pay a certain percentage of money to the bank once a month get paid. We can use the zero deposit or the fund to set the investment, and the rest is the expenditure part. Besides, bookkeeping is a very primitive but effective way of managing money.

　 Fault ten: single investment channel

This problem is more common among people who come to consult. Someone put 80% of the money into the stock market, someone bought several apartments and wanted to buy it again.

Prescription: from one's own Risk bearing capacity Start and establish a scientific asset allocation. If most of the money is invested in stocks, the risk is too high, and if it is all real estate, it will also reduce the liquidity of your assets.