Six rules of financial management for office workers

Six Rules of Financial Management for Office Workers"> The following are the financial management rules for modern office workers for reference.

Prepare 3 to 6 months of emergency funds
As far as general financial planning is concerned, the most It is best to use an amount equivalent to 3 to 6 times the living expenses for a month as an emergency fund for unemployment, accidents and other accidents or emergencies. Judging from the current labor market situation, once unemployed, waiting for the next job, temporarily unavailable The period of income is at least 6 months, so if possible, it is appropriate to prepare for 6 months of living expenses in advance.

Reduce debt and increase net worth
The general environment is not good, especially the strength of personal or family financial resilience The most important thing is that net worth (equal to assets minus liabilities) must be further improved. The most direct way to increase net worth is to reduce liabilities. Domestic debt types include housing loans, auto loans, credit cards and consumer loans. Basically, individuals or households The level of debt that can be borne should be the remaining disposable income after deducting monthly fixed expenses and savings needs. As for the principle of debt repayment, the loan with higher interest should be repaid first. The current loan interest rates Unsecured credit loans are the highest. For example, the revolving interest rate of credit cards is mostly around 10%, and the average of small credit or consumer loans is also close to 10%. If you can pay off these high-interest-rate debts first, you will reduce a lot of expenses. , at a time when it is necessary to increase income and reduce expenditure, it is equivalent to an extra income.

Spend your money smarter
In an economic downturn, it is foreseeable that companies will reduce spending and employee salary growth will stagnate. Therefore, if " The work of “open source” is difficult, so plan consumption and start from “saving expenditure”. In fact, smart consumption is very simple, choose the right season to shop, shop around without losing money, restrain the desire to shop, and avoid excessive credit card and debt. These are principles that can be mastered. In terms of methods, budgets can be prepared for possible monthly, quarterly, and annual expenditures, and then the proportion of income to be allocated to various expenditures can be determined accordingly, so as to avoid spending cash at hand aimlessly. .It is best to develop the habit of keeping accounts, check your income and expenditure on a regular basis, and adjust it in time.

Develop the habit of forced savings
"From a high-rise building", the first step for everyone to manage their finances is to To save, you must first save a sum of money as the capital of investment, and then talk about accelerating the accumulation of assets. If you want to force yourself to save, it is best to save 20% as soon as you get your salary; whether you choose to be conservative In the long run, it can play a compound interest effect that accumulates more and more. For example, if the monthly salary is 3,000 yuan, 20% of it is also It is a fixed-term fund of 600 yuan. Calculated at an average annual interest rate of 15%, the investment is about 160,000 yuan in 10 years. It is not only a considerable asset, but also a kind of guarantee. Therefore, no matter how the domestic and foreign economic conditions change, the habit of saving money It is still unchangeable.

Strengthen value-preserving investments
Stocks and foreign exchange markets are underperforming, and bank fixed deposit rates are also frequently rising. In addition to adhering to the principle of only using spare money to invest in financial management at this stage, asset preservation is very important, which can be achieved by increasing the investment proportion of fixed-income instruments such as bank time deposits, bonds and bond funds. Among them, the bond fund has the advantages of lower investment amount, professional manager management and tax saving. Compared with direct bond investment, the threshold is much lower, and the current real rate of return can also be maintained above the bank fixed deposit. So it has become one of the most popular investment tools at the moment. However, due to the wide variety of domestic and foreign bond funds, you should first understand their investment scope, characteristics and suitable uses, and choose according to your expected returns and risks. As for bank fixed deposits, it is best to choose a fixed interest rate for deposits under the trend of continuous reduction of interest rates.

Mobility in a downturn
According to a survey of the wealthy in the United States, one of their characteristics is their ability to act positively. In other words, in times of recession, in addition to immediately adjusting financial planning and increasing defense capabilities, when you have a stable income from work, you can instead consider entering the market on dips to invest and seize opportunities for wealth redistribution. Because from the perspective of long-term investment, good times and bad times will circulate. The downturn will last for two or three years, and eventually it will improve. In this case, of course, investment must take advantage of the downturn to strive for lower costs, and wait until the next When a wave of prosperity comes, there is a chance to become a winner.