The concept of personal financial management needs to be adjusted in time, and the financial management consciousness of "making money by buying anything" and "making big money boldly" has been extremely bad. So, what is the correct concept of financial management?
Personal investment and financial management may wish to follow the following basic principles:
First, financial management is a long-term process, which requires time and patience, and you can't expect to get rich overnight.
Second, the family is not an enterprise, the safety of assets should be put in the first place, and profitability should be put in the second place.
Third, ensure good asset liquidity, maintain the ability to pay surplus, and don't stretch the capital chain too tightly.
Fourth, enhance insurance awareness. As one of the important means of protection, insurance is not only a kind of care for family members, but also an important part of family assets.
Fifth, it is necessary to reasonably distinguish between living security and investment appreciation. Investment appreciation is a long-term behavior, aiming at improving the quality of life in the future, but don't excessively reduce the current quality of life because of investment. Investment funds should be funds other than normal living consumption, and this "spare money" should be used for investment. Investors can keep a good attitude.
Sixth, resist the temptation of high investment and high return, have your own long-term financial planning, don't go with the flow, and don't "forget".
I hope my answer can help you.