Money is a common theme, and one of the most important things in life. As the saying goes you do not fiscal, financial ignore you, yes, that's it you do not take the time to take care of their property who would go then? My view is to do everything to have a sense of awareness will have to act, I always think so, financial management is, it must first consciously, you have to realize that finance is not a rich man's patent, the rich Money is important, the civilian financial management more important because financial management is the key to a happy life. Read two books, one called "puppy Money", a book called "Rich Dad Poor Dad." This time to participate in a financial training camp. Combined with feelings of books and participate in training camp, I see, and take stock of what their own harvest.
The first book, "Money puppy"
This book is mainly about the story of a little girl and a dog named Money.
A little girl is not very rich, even at home as well as liabilities, parents do not know how to finance the day
1. understand the financial implications, the sooner the better financial management, you do not finance financial ignore you.
2. Eggs not in one basket, there must be spread risk awareness,
an insurance, a daily expenses, a stable income, a high risk-return
3. do not know do not touch,
4. To force the accumulated, there the purpose of storage, understand why to save money, why you need money, money used to do.
5. continuous learning financial literacy.
6. The purpose is to finance earnings, the rational allocation of assets.
7. do not spend unnecessary money, thrifty, frugal, thrifty.
8. money spent valuable parts, used in the meaningful things.
9. know how to delay gratification, do not know how to mindless consumption.
The next day
finance and investment, the two tables
1. Balance Sheet
2. Income and Expenditure Table
3. Relationship of assets and liabilities,
income called the inflow of assets, debt is called debt.
Life needs four accounts
1. daily living expenses generally account for 3-6 months of expenses
2. Insurance Account, appropriate insurance, play the role of a lever
3. Paul's account of this appreciation, children's education, retirement and so on.
4. Money begets money, stocks and other investment funds
starting with the first mandatory savings have accumulated number of principal
5. Ability skills own multi-channel revenue.
The third day
Social Security is a perfect insurance: pension insurance, medical insurance, industrial injury insurance and maternity insurance, unemployment insurance and provident fund.
Medicare has some limitations, we can only guarantee the basic needs, but also the sum insured limit, in conjunction with commercial insurance can complement each other.
Guaranteed effect of four kinds of commercial insurance:
1. critical illness insurance - that is, serious illness insurance
2. accident insurance - accidents resulting in death or disability insurance
3. Health insurance - and can be used with Medicare, the health insurance can be reimbursed not reimbursed part
4. life Insurance - when the insured person died, his designated beneficiaries can get a one-time money.
Insurance principles: 1. 2. After the first financial guarantee to adults and children.
To protect the family breadwinner. The essence of insurance is risk protection money, after the guarantee out of things but also to maintain a normal family life of their loved ones. Insurance plays a leverage role.
Categories fourth day of financial products
Classification of financial products
to buy financial products four channels
1. 2. Bank Securities Company 3. 4. third-party fund sales agency and other platforms such as the balance of treasure
classification of financial products
1. Interest income products
such as bank deposits, P2P, bonds, corporate bonds
2. make the sale of products
such as stocks, gold, houses and foreign exchange
3. hiring investment products
fund companies to issue funds, other financial products issued by banks
What you want is income, and it wants your principal, financial risk, the investment need to be cautious.
The most important thing is to cut costs, increase early active income, passive income late.
The fifth day for working-class investment banking method
Funds are divided into active funds and passive funds
active funds that employ fund managers, let him help you choose to invest, then you profit from it, and you need to pay the appropriate fees to him. High transaction costs, greater risk.
Passive fund is index funds, which go along with the broader market trend, the situation is better able to profit, profit is not bad.
Management costs are low, passive stock funds generally relatively high, it will affect human weakness minimum.
Fund will vote advantage
fund investment is investment in fixed money at a fixed time,
it can reduce pressure on investment Advantages 1.
Be able to disperse the investment costs, reduce risk
3. You can also force the accumulated, a disguised form of help you save money.
On the sixth day can not lose the national debt reverse repurchase
one kind of business that you reverse repurchase mortgage bonds to borrow money, ultra-short-term loans, you will receive a fixed interest income
treasury bonds issued by the government is. High debt interest than bank deposit interest a little.
How to buy government bonds
opened stock accounts and share buy
local buy government bonds: the Shanghai Stock Exchange and the Shenzhen Stock Exchange
the Shanghai Stock Exchange 100,000 from the vote, the code at the beginning of the GC, is an integer multiple of
the Shenzhen Stock Exchange since 1000 cast, beginning with the code R
Term reverse repurchase bonds is fixed, it can be divided into 1/2/3/4/7/14/28/91/182 nine varieties.
After the expiration of principal and interest automatically return to the stock account.
Morning Star Network, view information such as fund performance rankings of professional investment website.
The seventh day of delay to meet the
first thank you first look at a little help, this time to learn a lot, let me see the book before it also have a deeper understanding, really, finance is not an overnight thing, we need to keep learning and perseverance , to plan for their own financial affairs is conducive to a better life, the saying goes, seized political power, easy to keep country difficult, Besides, now that money is not easy, so have to take more planning, delay of gratification, the rational allocation of insurance compulsory savings have, cut costs.