Three General Laws Of Family Financing

Here world Clothing shoes and hats Xiaobian network to introduce to you is to do a good job of family financial management, these three general laws must be used well.

Family financing, we must refer to the family financing laws like this, use a variety of family financial skills, and even consult a number of financial experts. If you know more about laws and skills, you will be dazzled, or even do not know how to choose. For these financial puzzles of family, Jiaxing Reed financial planner gave three universal laws that are suitable for all families to manage finances well: 4321, 80 and 10 10.

Family financial rule 1: 4321]

At present, a more practical family asset allocation ratio can be roughly summed up as the 4321 law. Family income of 40% is used for housing and other investments; 30% of income is spent on family living expenses; 20% of income is used for deposits as a family emergency needs; 10% of income is used to purchase insurance coverage. Jiaxing Reed financial planner often reminds investors not to put eggs in one basket, and the allocation ratio of 4321 family assets is precisely the use of this investment concept, which reduces the risk of family financial management to a minimum.

Family financial rule two: 80]

Family financing must involve Investment By investing to keep assets up and up, the ratio of household financial risk investment is more appropriate. It can refer to the 80 law, which is (80 - age)%. For example, if you are 30 years old, you can invest 50% of your assets in high-risk products. If you are 70 this year, the proportion of products that invest in high-risk products is 30%. Jiaxing Reed financial planner said that the greater the age, the smaller the proportion of participation in venture capital. As the old people should manage their finances, they should be at the top of the list, such as fixed deposit, treasury bonds, bank guaranteed financial products, fixed income management and so on.

Family financial rule three: double 10]

How much insurance does a family buy is more appropriate? If it is not allowed, the double 10 law can be used as a reference. Jiaxing Reed financial planner said the double 10 law is mainly to help families set the most appropriate amount of insurance, generally 10 times the annual income of the family. The proportion of premium expenses should be 10% of the annual household income. For example, if the annual income of your family is 100 thousand yuan, the total annual premium of the family premium should not exceed 10 thousand yuan, and the product should be insured at 1 million yuan.

These three laws are suitable for all. Family financial management At the same time, at the same time, Jiaxing Reed financial planner also said that these three laws of family finance are only for reference. They also need everyone to do some adjustment in accordance with their financial needs and family financial actual situation.