"You have to buy at least a two-bedroom apartment in the city before you can get married." The mother-in-law's words made white-collar Liang Xiao miserable. Liang Xiao told Yangcheng Evening News that his girlfriend of three years was pregnant at the beginning of this year, and the expected date of delivery was at the end of 10. Due to the limited economic conditions, the two originally planned to get married first and then slowly save money to buy a house. Unexpectedly, they were opposed by the woman's parents. "My prospective mother-in-law not only asked me to buy a house, but also bought it in the city, at least two bedrooms. According to the current housing price in Guangzhou, buying a small two-bedroom apartment with very ordinary quality requires at least10.5 million and a down payment of 450,000. But I have only been working for more than three years, and my girlfriend's savings and family support barely make up 200 thousand, so I can't afford to buy a house in a short time. I really don't know what to do. " Liang Xiao's eyes are full of helplessness and helplessness.
After deducting various taxes and fees, Liang Xiao's monthly salary is 5000 yuan. At the end of the year, you can get double salary, the year-end bonus is about 3000 yuan, and the monthly provident fund deposit is 2000 yuan. Currently renting, monthly rent 1500 yuan. Guangzhou's consumption is not low, and his girlfriend is pregnant. At present, Liang Xiao spends about 4,000 yuan a month, and can only save about 1000 yuan a month.
So, how can Liang Xiao save money to buy his own house as soon as possible? In this regard, the Yangcheng Evening News reporter interviewed Miss Chen, a financial consultant of Industrial Bank.
Financial management objectives
Liang Xiao hopes that she can afford the down payment of about 6,543,800 yuan+0.5 million yuan as soon as possible, and give an account to her girlfriend and mother-in-law.
financial analysis
Liang Xiao's monthly consumption accounts for about 80% of income, which is higher than the average normal range of families in China. At present, Liang Xiao's family safety index is below a reasonable range, which indicates that family safety is in a dangerous state. Assuming that the family loses the ability to work unexpectedly, it is easy for the family to lose its source of income and cannot maintain its original living standard. Liang Xiao's financial freedom index is far below the standard value of 100%, which means that he relies entirely on his work income, and his ability to obtain financial benefits by using interest-bearing assets is insufficient.
Financial advice
Investment planning
As a newcomer in the workplace, how to meet his high financial needs in the future with less money has become an urgent problem. For people like Liang Xiao, the monthly net savings ratio should be above 40%, which means that the money saved can reach more than 40% of the income. If you can't meet the standard, you should start from two aspects: increasing revenue and reducing expenditure, increasing your monthly cash inflow, such as better "investing" yourself and increasing your future income; Study your expense diary carefully and form a good habit of keeping accounts.
After solving the financial problem, the next thing to do is to keep enough emergency reserves, that is, to limit the necessary expenses for three months in case of emergency. It is suggested that Liang Xiao take out 1 10,000 yuan as emergency reserve. Of the 10000 yuan, 7000 yuan can be allocated as a money market fund. Money market funds not only have good liquidity and high security, but also have certain advantages in fighting inflation, with the yield slightly higher than that of time deposits. Another 3000 yuan can be kept in a current account.
After Liang Xiao kept the emergency reserve, the assets available for investment are still 654.38+0.9 million yuan. Because Liang Xiao hopes to achieve the goal of buying a house as soon as possible, there is not much room for change, so it is not suitable to add some high-yield and high-risk investment products, such as stocks and funds, to the portfolio. It is recommended to choose some safe investment products, and don't take the rate of return too seriously. After all, the relationship between income and risk is positively related. One-sided pursuit of high returns will leave many hidden dangers for buying a house. It is very important to build a stable investment portfolio, of which 654.38 million yuan can be used to purchase trust products. It is suggested to choose the trust products launched by trust companies with good historical reputation, represented by large commercial banks, and the expected annual income is about 6.5%. The remaining 90,000 yuan is invested in bank wealth management products, national debt and time deposits. , stable and reliable, can be realized at any time. After the stable portfolio is completed, after three years, the portfolio interest is about 220,000 yuan.
Insurance planning
Financial planning can not unilaterally emphasize the accumulation of wealth, but also pay attention to the protection of wealth. Any family will inevitably encounter risks and accidents in their daily life and work. These risks are unpredictable, and we should not take chances because of temporary peace. Introduce insurance into financial planning, turn uncertain large expenditures in the future into small expenditures now, and give yourself and your family a guarantee. Liang Xiao has not purchased any commercial insurance except five insurances such as endowment insurance. It is suggested that Liang Xiao should purchase term life insurance with a coverage of 654.38+10,000 yuan and accident insurance with a coverage of150,000 yuan. The first-year premium for term life insurance of RMB 6,543,800+yuan is 23 1 yuan, and the first-year premium for accident insurance of RMB 6,543,805 yuan is 390 yuan.
House purchase planning
Liang Xiao is the first house with a total amount of about 6,543,800+500,000 yuan. The minimum down payment is 30% of the total amount, that is, about 450,000 yuan, and the remaining 6,543,800 yuan can be combined with provident fund loans and commercial loans. If two people sign the purchased property, the provident fund can be 800,000 yuan, and if they sign 1 person, the maximum loan can be 500,000 yuan. Because the interest rate of provident fund loans is several times lower than that of commercial loans, and part of the 200,000 yuan Liang Xiao currently owns is his girlfriend, it is suggested that he use their names when buying a house, that is, a combined loan of 800,000 yuan provident fund loans and 250,000 yuan commercial loans. Take the matching principal and interest repayment method as an example, in which the interest rate of the provident fund loan is 4.5%, the loan period is 17 (the loan is related to the relevant building age, and the houses in the urban area basically exceed 10 years, and some even exceed 30 years), and the monthly payment is 56 17 yuan; The benchmark interest rate of commercial loans rises by 5%, the service life is 17 years, and the monthly payment is 1600 yuan. Generally speaking, the monthly repayment is about 72 17 yuan.
If the monthly net savings of deposits in Liang Xiao reaches 40% or more of income, plus the year-end bonus, the deposit for 2.5 years is 92,500 yuan; Provident fund deposits reach132,000 yuan in 5.5 years; The investment principal and interest of trust and other products was 2.2 trillion yuan. This also means that Liang Xiao can accumulate enough down payment in two and a half years at the earliest. Although house prices are still rising, the increase is obviously reduced. Liang Xiao's career is on the rise, and the annual income growth can basically offset this expenditure.
(The above answers were published on 20 17-04- 17. Please refer to the actual situation for the current purchase policy. )
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