Personal finance paper 1
Examination paper of life economics course
abstract
As a special consumer group, college students play an irreplaceable role in current economic life, especially in leading consumption fashion and improving consumption structure. Therefore, it is very important for college students to establish financial management concepts. The financial management of college students is to record, calculate, control, analyze and report the economic activities of enterprises, institutions, groups and other economic organizations with money as the main unit of measurement, so as to provide financial and management information. This paper is about the study of college students' personal financial management concepts and methods. Whether financial management can get rich has little to do with the amount of money, but it has a great correlation with the length of time. Time is not enough, compound interest can't play a role, and it's too late to know how to manage money.
The purpose of financial management is to learn how to use money, so that personal and family finances are in the best operation state, thus improving the quality of life and taste. In a sense, financial management should accompany a person's life. Everyone should start to learn financial management when they start to earn income and spend independently, so as to make their income more perfect, their expenses more reasonable and their returns more abundant. Generally speaking, college is the primary stage of financial management, and it is also the golden age of learning financial management. At this stage, if you can develop some good financial habits and master some necessary financial common sense, you can often benefit for life. However, most college students are weak in financial management, and they are either extravagant at home or never deal with money. Due to the lack of financial education, many people still lack the ability of independent financial management for a long time after work.
Keywords: personal finance, college students' wealth literature
College students' financial management view
First, the financial problems of contemporary college students
1, the source of funds basically depends on the family, rarely considering more financing channels, and the ability to make a living independently is poor. The vast majority of college students still have no independent financial resources and must rely on their parents with strong financial backing to maintain their lives.
2. Expenditure is unplanned and subjective. Spending money without a plan can't control your consumption habits, resulting in an imbalance in monthly income and expenditure, and the money will be gone before you know it. By the end of the semester, people are often stretched, unable to make ends meet, barely borrowing money to live, and don't know where to spend the money.
3. Unreasonable capital structure arrangement. At the beginning of the semester, either all the money is deposited in the bank in the form of demand, regardless of more investment channels; Either invest money in high-risk wealth management products, which can't control risks well.
Second, contemporary college students should establish financial planning
1, make full use of student loans. Tuition and living expenses during college are not small expenses. If the economic situation is tight, you may wish to apply for a student loan. Because the loan interest rate of college students is more favorable than the market interest rate, it can not only reduce the burden on families, but also cultivate their sense of independence and responsibility. In the eyes of ordinary people? Student loan? The target of distribution is those students with financial difficulties. However, due to the start of school in September this year, ICBC and other commercial banks can apply for student loans. For college students who have the spare capacity to study and are interested in investing, loan entrepreneurship accounts for a lot of people. This small loan can help them solve the problem of investment funds. For students from poor families, the benefits of loans are self-evident.
2. Establish a market concept and find some part-time jobs. Part-time job is a purely value-added way without any capital in advance. Finding a suitable off-campus part-time job will further expand your financial principal. This kind of financial management? Value added? Mode should be an important part of college students' financial management.
3. Learn to invest and lay the foundation for personal investment and financial management in the future. At present, some student investors have appeared on university campuses. They set foot in the stock market not only to make money, but also to understand the investment market and accumulate some experience for personal finance in the future. Of course, college students' investment need not be limited to the stock market, but can be tilted to other investment methods appropriately; Small funds can be used for investment, and the sources of funds can be started from two aspects: part-time income and parental sponsorship; Although college students' investment has certain risks, as a bold attempt, it can play a role in personal finance in the future. Throw a stone and ask for directions? This is of positive significance to expand their financial awareness.
Third, college students should develop good financial habits.
1. Learn to keep accounts and prepare budgets. This is one of the most effective ways to control consumption. Actually, it is not difficult to keep accounts. As long as you keep all your income and expenses and take the time to sort them out, you can master your own income and expenses and prescribe the right medicine.
2. Abide by certain principles of life and consumption. Students should eat balanced nutrition, dress well, live a simple and practical life, and save money and convenience. Some college students hate the food in the canteen, so they always go to a small restaurant for a meal. Some college students hate living in dormitories, so they rent them out. These are very expensive extra expenses for students, so it is better to take it easy.
3. Starting from small things, there are many small expenses in life. A few dollars here and a few dollars there seem insignificant, but every little makes a mickle, which is a big number. In collective life, some students may not pay much attention to some subtle places. As roommates, we should treat each other.
Reminders, such as turning off the lights when going out and saving water. All the students in the dormitory shall abide by and supervise it, so that everyone can develop the good habit of diligence and thrift from their school days and benefit everyone for life.
4. It is necessary to reasonably distinguish between living security and investment appreciation. Investment appreciation is a long-term behavior, the purpose is to make the quality of life higher, and don't lower the current quality of life because of investment. Investment funds should be funds other than normal living consumption, with this? Spare money? Investment, investment talents will maintain a good attitude.
5. Ensure good asset liquidity and surplus payment ability, and don't have a tight capital chain. What is cash? Wang? Without the necessary cash payment ability, people will often fall into a desperate situation, especially when encountering accidents, and the importance of holding the necessary cash is more obvious.
Four, the school should provide financial education.
1. Schools should offer all professional financial management courses in the first year of university. Through the study of this course, I can understand the necessary common sense of financial management and lay a good foundation for my four-year college life and future development.
2. The school can invite experts from relevant financial industries to give lectures to students from time to time to introduce some advanced financial management concepts and methods, so that students can have the opportunity to know the latest and most cutting-edge knowledge and keep the financial management activities in the student era and society synchronized with the times.
3. The student management department can also select some personal financial experts from the students to teach other students financial management experience and experience, or find some negative cases to learn from the failure, so that other students can avoid making the same mistakes. As a special consumer group, college students play an irreplaceable role in current economic life, especially in leading consumption fashion and improving consumption structure. At the same time, our current consumption status and consumption characteristics also reflect the current college students' living conditions and value orientation to some extent. As a student, as a group of energetic college students who are deeply concerned about China's economic development, we should make financial planning as soon as possible to face the long road of life in the future. In this way, we will be more confident. China's economy will maintain high growth and high inflation in the next decade or even longer. How to plan our own medium and long-term investment and financial management plan and easily face the pressures of pension, medical care, house purchase and education that we must face in the future has become a problem that we have to think about. If we want to invest and manage money successfully, we need to consider our future more carefully. As long as you know what you may need at different times in your life, you can make an effective postage plan to help you achieve your goal.
To sum up, financial management is an effective management of wealth, and accounting, as an important part of financial management, is an important part of social civilization and an essential quality for contemporary people to live a rich and happy life.