When many people talk about financial management, they think of either investing or making money, which may be one-sided; My concept of financial management is gradually formed in my own life practice, from "spontaneous" making money and investing to "conscious" planning and management, that is to say, some feelings about life.
Financial management is an indispensable part of personal life, which runs through one's life, especially after starting work. Whether forced by the pressure of life or for their own future, everyone will manage their money consciously or unconsciously, but you may not have carefully summarized it and made it systematic and rational.
Financial management is not simple frugality or speculation, nor is it the patent of the rich or high-income families. The sooner you start managing your finances, the more unexpected you will get.
The subject matter of financial management is wealth and things, including personal financial assets and fixed assets. The process of financial management is the management of personal wealth and things, and management cannot be separated from planning, organization, coordination and control. Therefore, we should know our own financial resources and risk tolerance, learn to make financial planning for ourselves, organize the implementation of this plan, regularly check the implementation effect and rebalance assets to control various risks that may occur in life, property and market.
There is no so-called "best" product or scheme for financial management, only the one that suits you is the most reasonable. Don't be overly superstitious about so-called financial experts. Every bank, fund company, insurance company, brokerage company and real estate agent will consider their own interests, so you should have your own independent judgment and decision when investing.
Financial management is a process of wealth accumulation, risk prevention and asset maximization, and it is also a process of strengthening learning and improving ability.
Financial management is a systematic project. The complicated thing is to do more homework, make overall arrangements, allocate it reasonably, and then make a decision. The simpler the management process after investment, the better. Enjoy life at other times.
The ultimate goal of financial management is the financial freedom of life, so don't sacrifice the quality of personal life, but you can't just focus on the present life without considering the future planning.
Financial investment should have a good attitude, which sometimes directly determines the success or failure of your investment. With a good investment mentality and reasonable return expectations, it will not affect your life.
Financial management should not only manage your net assets, but also manage your liabilities. However, it is best not to borrow money for investment, especially for high-risk financial investment, and strictly control your asset-liability ratio for other less risky investments.
Financial management is an amateur affair. Investment and financial management cannot affect your own job, otherwise it may not be worth the loss.