Doing a reasonable family financial planning can improve the family's ability to cope with risks, avoid falling into the dilemma of "being trapped by money" and ensure that they and their families live a stable and worry-free life.
Fugger believes that ordinary families can carry out financial planning from the following aspects:
1, cash planning. Money is needed in many places in life, so to live a leisurely life, you must have a sum of cash for a rainy day. Don't need too much cash, just keep the living expenses for 3-6 months, which can meet the daily expenses such as rent, meals, transportation, mortgage and car loan.
The money is preferably cash, bank deposits, money funds and other highly liquid funds that can be withdrawn at any time. Of course, if you have a credit card, you can also ease the cash demand this month and increase a sum of money that can be used at any time.
2. Consumption planning. If there is a large consumer demand at home, planning in advance can avoid the embarrassing situation of tight funds. Just like buying a car, you can plan when to buy it. What kind of car do you want? Buy it in full or by loan? After confirmation, we will plan the corresponding funds according to the budget, and then we can safely drive our beloved car home ~
3. Housing planning. For many families, buying a house is very important. For renters, after buying a house, there is no need to worry about raising rents and moving repeatedly; Those who live with their parents are also eager to have their own independent living space after marriage. In addition, at present, many cities have settled down and their children go to school. They are all bound to real estate, which also makes everyone's purchase demand strong.
However, buying a house is tens of millions or millions of expenses, which requires a lot of funds and financial support. We must make plans in advance. If you work in one place for a long time and have no plans to change cities within 3-5 years, you can consider buying a house that you live in, and try to buy a place close to the company and convenient for commuting.
Calculate the down payment and loan amount according to the house price and your own actual situation, and choose a house with good school district, good transportation and good commercial facilities within your own ability. There is a lot of room for such a house to maintain and increase its value in the future.
4. Insurance planning. There may be all kinds of accidents in life, such as falls, car accidents, serious illnesses, etc., which will have a great impact on our lives. In order to reduce this influence, some insurance can be properly configured to avoid and transfer risks.
Fu Jieer has written several articles in detail about the configuration of insurance before. Who should I buy it for first? How much is appropriate to buy? What kind of bargain is it? I've talked about it. It's pure dry goods! If you want to see it, you can reply to "insurance" in the background of Fu Jieer's official WeChat account.
5. Educational planning. Parents in China generally attach importance to their children's education. For many families, children's education expenditure is a big expenditure. Moreover, education expenditure has no time elasticity and cost elasticity, and children need it when they go to school, and the cost is relatively fixed. Families with children need to plan ahead.
There is a formula to calculate the proportion of family education burden:
Education burden ratio = children's education expenses/family's after-tax income at that time * 100%.
If the burden of education is greater than 30%, we should make preparations as soon as possible. In addition, whether children study at home or abroad, the cost is different. If the cost is more, you can start preparing when your child is in primary school or middle school.
6. Pension planning. With the growth of age, people's ability to work and earn income will decline. Coupled with the arrival of an aging society, the pressure of providing for the aged in the future society will be greater and greater, and the problem of providing for the aged is something we have to consider. Fu Jie's suggestions are: first, buy enough social security for 15 years before retirement, and at least have a sum of money to receive after retirement; Secondly, you can also save a sum of money to support the elderly and ensure the quality of life after retirement.
If we do a good job in this series of family financial planning, we can at least achieve a well-off level of food and clothing, not to mention being extremely rich. If people don't have the trouble of "lack of money", the happiness of life will be greatly improved.
Therefore, in order to live a happy life for yourself and your family, in addition to making money, you should also make financial planning!