Single parent family. Financial management.

Hello, I am an employee of Ping An Life Insurance Qingdao Branch, and I have just taken a financial planner course. Here I will briefly help you talk about the topic of financial management!

The information you gave is too little, so I will give you some suggestions!

First of all, if you have no other savings, this income is a bit small for you, so it is recommended to increase revenue and reduce expenditure! It is best to control your living expenses at 40-50% of your monthly income. It is recommended to apply for 2-3 credit cards first to prepare for emergencies!

The second is insurance planning. If the mother’s physical condition is better, she can plan for critical illness protection within 2-3 years, preferably within 50 years old, and no later than 55 years old at the latest55 Most insurance companies do not cover critical illness insurance. You and your mother suggest that you spend three to five hundred to purchase some fixed life or accident insurance first!

Save as much as possible. When the savings amount reaches about half a year to a year's living expenses, you can buy some capital-guaranteed funds with the extra savings, such as bonds or bond funds, bank financial products, etc.!

Nowadays, financial planning pays attention to goal management. If you want to manage money, you must first determine the goals, such as cars, houses, daily necessities, etc. Clear short, medium and long-term goals can provide better design for financial planners. plan!

I wish you and your mother happiness and peace!

Wang Lizhu, Ping An Life Insurance Qingdao Branch

I'm sorry, I don't know if the poster is referring to my advertising. This is my habit and I am responsible for myself. I am responsible for those who adopt my answer. The knowledge I have learned in my work and study is that insurance is the basis of all financial management, so please formally understand the importance of insurance in family financial management!