Read the first book to understand investment and financial management

Chapter 40 Taking care of family wealth and improving life happiness index (2)
(1) Investment and financial management: the main records include the deposit unit address, account number, term, deposit date, deposit type, amount, and financial products and funds in which bank the deposit certificate (folder), certificate-style treasury bonds, etc. are purchased, What is the bank card number, what is the code, etc., when recording, make a purchase note, whether it is a deposit certificate, a treasury bond maturity withdrawal, or a wealth management product returning to the card when it matures, or a fund redemption fund to the card.When keeping accounts, the investment dates of these investment and wealth management products should be recorded clearly and clearly, especially the deposit certificates and certificate-style government bonds. , Certificate-style government bonds were fraudulently claimed and their own funds were damaged.

(2) Commodity categories: The main records include the name of the product purchased, the address of the store, the date of invoicing of the invoices related to these products, the warranty date of the warranty card, etc. You can clearly see whether it is still within the warranty period, and if you want a warranty within the warranty period, you can also find the store address in time and accurately.

(3) Documents: The main records include important documents at home, such as ID cards, real estate certificates, marriage certificates, household registration books, driver's licenses, etc., such as name, number, date of issuance, etc., to avoid Once it is lost in the future, there will be a clear record and it can be reissued in time.

(4) Knowledge category: The main records include knowledge about funds, knowledge of bank wealth management products, knowledge of small-amount pledged loans of banks, certificate-type treasury bonds, knowledge of savings treasury bonds, knowledge of bank cards, types of savings deposits, and interest knowledge, etc. Financial knowledge related to family financial management. Through these, one can understand some financial knowledge related to family financial management, and the other can improve the investment and financial management skills of family members.

The establishment of these three family financial management accounts not only effectively enhanced Xiaomao and her lover's financial management awareness, but also improved her and her lover's financial management level, making their family financial management more handy.

It is very meaningful to develop the habit of keeping accounts. On the one hand, it can help you understand your consumption level and spending channels, so as to facilitate the formulation of the next month's consumption expenditure table; on the other hand, it allows you to understand more clearly To a certain extent, you can reduce those extravagant and money-wasting activities.

Family financial management, one record, two observations and three budgets
According to sociological experts through a long-term investigation.I found that economic disputes are one of the important reasons for family breakdown, especially for families with many members. The daily expenses need to be borne by the main members of the family. suspicious.If there is a running account in the family, it is clear at a glance who has paid how much among the members, and no one has anything to say.

Professional households and individual households can also obtain useful economic information from the household account books, such as knowing what commodities people need most and what is the most profitable to breed, so as to change their management policies in time and improve their management skills.

The household account book also serves as a memorandum.Debts or gifts from relatives and friends are generally not written, so it is inevitable to forget after a long time. Keeping the family account can make it possible to check the account and know what it is.

Household accounting must be done in one note, two, and three budgets.

A note.As a host, how should you keep a family account?According to relevant information, there are three methods:

First, we must record every income and expenditure truthfully, even if it is a few cents. Never think that the family accounts are kept for yourself. Small amounts can be ignored. After a long time, it will become a large amount.Bookkeeping is just the beginning, it is to make a better budget.Since the family income is basically fixed, the family budget is mainly to make a good expenditure budget.Expenditure budgets are further divided into controllable budgets and uncontrollable budgets, such as rent, utility expenses, and mortgage interest are all uncontrollable budgets.Monthly household, social, transportation and other expenses are controllable. We must plan these expenses well, spend money reasonably and cost-effectively, and keep the savings that can be used for investment stable at the same level every month. Only in this way can we achieve more quickly and efficiently financial goals.

Usually, when talking about financial issues, there are two perspectives. One is where the money comes from, which is the concept of source, and the other is where the money goes, which is the concept of use. Daily accounting must clearly record the source and where of the money.The most common way for ordinary people to keep accounts is to use the journal to record, and register according to time, cost, and items one by one. In addition to faithfully recording every consumption, it is also necessary to record the payment method adopted, such as credit card, cash payment or loan.Capex is simply a conversion of asset form.

Here, it is recommended to use the network ledger (wwwkeepbalancenet) of the Kaiplan personal transaction processing system, which realizes double-entry bookkeeping better, and its financial statement function is also very powerful.

The whereabouts of funds is divided into two parts: one is recurring aspects, including daily expenses, which are recorded as expense items; the other is capital, which is recorded as asset items.Assets provide future long-term services. For example, if you spend money to buy a refrigerator, cash and the refrigerator are both asset items. One decreases and one increases. If the refrigerator has a life span of five years, it will provide medium and long-term services; if you buy real estate, it will also bring life. comfort and long-term service.

The source of funds for recurring expenses should be paid with short-term available funds. For example, the cost of eating and buying clothes should be paid with existing funds at hand. If it is used for the down payment of houses and cars, long-term funds should be used instead of Borrow from relatives and friends or use short-term funds to pay.

Consumption expenditure is something exchanged for money, which will be consumed soon, while capital expenditure is only a conversion of asset form, such as investing in stocks, although deposits decrease but stock assets increase.

Second, we must insist on remembering every day.It is best to develop a good habit of sorting out the accounts of the day before going to bed every day, so as to prevent mistakes from being recorded after a long time, resulting in discrepancies in the accounts.

Third, pay attention to keeping the account books.Can be bound by year for further storage.In this way, for reference.

Second look.That is to see if the money is reasonable.This is like a major financial inspection of a company. It is necessary to find out the ins and outs of each data one by one, use 2/3 of the income to manage the firewood, rice, oil, salt and sauce, and if there is any surplus, you can buy toys and books for your children, add clothes for your parents, etc. .The remaining 1/3 is used as current savings to prepare for the needs of building houses and purchasing materials.However, in the actual expenditure, there are often extravagant events, such as weddings, funerals, illnesses, etc., and there is always a phenomenon of overspending.Therefore, in the face of this new situation, part of the savings had to be used.However, this is a family "loan", and if there is a surplus next month, the "loan" must be repaid in time.

Three budget.That is, on the premise of a balance of income and expenditure this month, it is very important to plan the use of funds for the next month, which is like the cost accounting of an enterprise.Only by strategizing, knowing whether it is a loss or a profit, and then using it at that time, can be sure.

Facts have proved that there is a big difference between calculating and using, and calculating after using often leads to overspending and disrupting the balance.

Every family is consciously or unconsciously making some family expenditure plans, such as what will be added next month, this is part of the family expenditure plan.To make this spending plan feasible, it is necessary to understand the family's monthly fixed income and daily living expenses.These need to be recorded for a period of time, and then checked one by one. Based on this, we can make a budget for expenses, and then we can grasp the rules, organize our daily life, and maintain thrift.

Five good habits that must be cultivated in financial management

As the saying goes: "You can't eat poorly, you can't wear poorly, and if you don't plan well, you will be poor forever." This so-called, if you want to manage your money well, you must develop a good habit of managing money throughout your life. Only in this way can you live comfortably , Lay a good economic foundation for the family.So, for working families, what good financial management habits should be cultivated?Now financial experts may wish to make clever moves for reference.

[-]. Restrain yourself, time deposit
If you want to ensure that your family lives well, you should discipline yourself when managing money.Therefore, it is very important for any family to save money regularly to avoid overspending.How to save it?When saving money, you need to make a plan. If you are a working family, after the salary is paid every month, in addition to your own living expenses, you may wish to deposit a sum of money in the bank. No matter how much you save, as long as you can save it. After years of accumulation, everyone will have a large savings deposit.

[-]. Proper spending and reasonable consumption
Consumption is the biggest expenditure in every family, but everything should be in moderation, and you should not indulge yourself.For example, don’t buy clothes and shoes unless they are famous brands, and you have to take a taxi when you go out. Don’t you know that these expenses are much higher than the cost of buying ordinary brands and taking the bus. But there are often still cases, and this is often the case. In this way, you will lose several thousand yuan or more in a year.

[-]. Care about small things, don’t be generous
Many people like to ignore small things, and they are very generous in small things. For example, when they buy a new mobile phone, they can answer the calls normally, but they don’t. The phone bill is enough, but now it has become 1 yuan. Calculated in this way, it will cost about 1 yuan more a year.

Fourth, learn to be stingy and prevent future troubles
In reality, it is inevitable for friends to borrow money. If you don’t borrow money, you can’t. If you borrow it, you are afraid that you will never get it back. The money that originally belonged to you belongs to your friend.In order to prevent future troubles, you might as well learn to be stingy. When you need to lend money to a friend, you might as well say the ugly words first, come to be a villain first and then a gentleman, and ask your friend to write a note, and write the amount, date of loan, and name of the borrower , return date, etc.In this way, even if the friend cannot return it for a while, there is evidence in hand, even if the other party wants to repay the debt, he will not be able to.If a friend turns against you in the future and defaults on the debt, you can also sue in court in time with written documents to recover the owed money.

[-]. Appropriately take risks and look for big profits

Nowadays, there are still many people who are very conservative in their financial management. They only know that the risk of participating in savings deposits and buying government bonds is small, and they can get interest. It’s also big, you might as well take out a part of your savings and invest in these two types of investment through the guidance of financial experts. You may not be sure, but if you grasp the opportunity, you will also bring yourself considerable benefits!

Financial management is a science and a habit.Bad financial management habits will make your family's financial loopholes full of loopholes and even high debts. Only by developing good financial management habits can you control daily expenses, accumulate money, and live a worry-free life.

(End of this chapter)