Working Families Must Have Two Children To Know How To Manage Their Finances.

China fully liberalized the two child policy, allowing a couple to have two children, which has aroused widespread heated debate at home and abroad.

For many three families, it is an essential part to raise a child and do a good job in family financial planning.

After the release of the two child policy, many 70 and Post-80 netizens say they are only children. They will also support 4 elderly people. Even if they are fully open to two children, they will not be very willing to give birth. The economic problem has become the biggest concern.

For the cost of raising a child, financial experts from CAITONG spent an account.

Before birth, including pre pregnancy examination, various nutrients and so on, the cost was 20 thousand -3.5 yuan; from birth to the age of 3, the cost of early education, milk powder and diapers was 90 thousand -27 yuan; at the age of 3 years old, the cost of tuition and interest classes was 100 thousand -20 yuan at the age of 3; at 7-12 years of age, the cost of primary school tuition and interest classes was 90 thousand -20 million; the secondary school cost was 80 thousand million yuan; the cost of university stage was 150 thousand million yuan; after the age of 23, the cost of continuing further education was 150 thousand million yuan.

The cost of raising a child is as high as 680 thousand -230.5 yuan, which has not yet taken into account inflation.

If a family has only one child, the monthly expenditure will be 6000 yuan.

So after two children, family spending is likely to increase to 9000 yuan or even higher, so before the two child is born, such families should raise the emergency reserve from 18000-36000 yuan to 36000-72000 yuan earlier.

If you take into account all kinds of unexpected expenses (such as serious congenital diseases or accidents) that may occur after the birth of second babies, it is best to apply for 1-2 credit cards with more than 30 thousand yuan credit amount for emergency needs.

In the short term, with the gradual pformation of China's economic pformation into the "deep water area", the complexity of the market will further intensify. Among these factors, the low interest rate era, interest rate liberalization and rigid payment will break down in the future, all of which will result in the end of the era of risk-free and profiteering of the original single product.

The so-called asset allocation is to invest funds in different asset classes and reduce risks through long-term holding and continuous investment so as to achieve a predetermined return.

That is to strike a balance between "risk management" and "risk free financing".

Downing, founder of Yixin company and CEO, take Yixin's wealth as an example, putting forward the strategy of "1+3 with many". "1" refers to the most popular P2P fixed income financing mode in the past. "3" refers to private equity, capital market and overseas asset allocation, and more diversified and customized products and services.

Bank financial planners also said that asset allocation is very important for asset appreciation and maintenance. After fully liberating two children, it is necessary to conduct family financial planning in accordance with the understanding of family situation, clear financial objectives, detailed financial plan, and annual adjustment of planning four steps.

According to the cost of two child raising, we can see that in addition to living expenses, education funds account for a large proportion of the total cost. Financial experts of CAITONG suggest that families wishing to have two children should start to reserve in advance.

Educational metals can be used for educational purposes, and can be invested regularly and expired.

Investment in education gold needs to ensure that the principal is safe and healthy, and there is no big risk. Therefore, it is advisable to invest in fixed term fixed income products and not invest in equity products.

In this way, increasing earnings can ensure that education money will not be denied.

Erosion and capital investment can be determined according to the economic status of each family. Less investment is ten thousand yuan per year, and tens of thousands or even hundreds of thousands of yuan.

However, there are also categories of fixed income products.

Reporters calculated that, according to the investment of 100 thousand yuan of education gold calculation, the current one-year fixed interest rate of banks has been reduced to 1.5% after several successive interest rates. Considering floating up, it is also around 2%, and the interest is only 2000 yuan a year.

If you choose some Internet fixed income products, the revenue will be higher.

Take the financial and insurance products, the Everbright income of 168, for example, the annual income is 6.1%, and the annual income of 100 thousand yuan is 6100 yuan.

Jia Hong, senior financial planner of ampon life, said that the advantage of insurance is not high yield, but to ensure that there is a certain amount of money to meet family expenses in the future period.

Products such as annuity insurance, education insurance and products with minimum guaranteed income during fixed period, such as universal insurance, are all products that can meet the certainty of future expenditure of two child families.

Jia Hong stressed that it is the two child family's special attention to determine the impact of special funds and reduce the risk of accidents on family economic planning.

Sunshine insurance experts also believe that increasing one child, facing housing pressure and education gold pressure, the birth of a child means that the parents' financial burden is aggravated, so increasing the financial support of two couples is particularly important.

Financial planning should be "stable". When purchasing financial insurance, it is better to choose universal insurance that can be added or annuity insurance with universal account.

When the capital is rich, we can add more. When we are rich, we can not add up and allocate the investment amount flexibly.