How should I manage my finances reasonably?

Most of us live on our own wages. In order to make ourselves live a better life, we need to distribute our wages reasonably, improve our financial management ability, preserve and increase our value, and make our economic conditions better. Specifically, for our own salary distribution, we should set aside enough shares for daily living expenses, set aside enough reserves to solve unexpected needs, and put the remaining wages into our familiar financial activities. 1, reasonable distribution of wages, first of all, we must set aside enough shares for the expenses of daily life. Our wage income must first meet the needs of various expenses in daily life. This is the basic guarantee for our normal life. Therefore, after we get the salary, we must first set aside enough shares for the expenses of daily life to meet the needs of daily life. Only by doing this can the subsequent financial management activities be implemented normally. We also need to reserve enough reserves to meet unexpected needs. In addition to daily expenses, we should also consider the special circumstances that may be encountered in the distribution of wages and income. Therefore, when you pay your salary, you should not only set aside the expenses of your daily life, but also set aside another part of your money for emergencies, so as to ensure the safety and reliability of your life. 3. Establish contingency reserve arrangement

Contingency reserve arrangement refers to a sum of money that can be quickly withdrawn when funds are urgently needed. It is usually recommended that the savings amount is equivalent to three months' living expenses. The establishment of contingency reserve arrangement can avoid having to borrow high-interest loans in an emergency.

4 Rational consumption

When spending, you should consider whether your income and expenditure are balanced, and don't blindly pursue excessive consumption, which will push your financial situation in a negative direction. Avoid high interest loans, such as credit card loans and consumer loans.

5 Save for retirement

If your company doesn't provide you with a pension, then you should start saving money to prepare for retirement. It is suggested to invest regularly, such as 40 1(k) plan and individual pension plan.

6. Create a good credit record

Credit records are very important for applying for loans, credit cards, renting houses and even employment. It is recommended to make firm repayment every month to ensure that the credit card usage limit is not violated and that there will be no long-term debt default in the credit record.

7. Investment in fixed assets

Investing in fixed assets such as real estate and garage is also a financial choice, which can ensure the appreciation of assets and can also be used as a source of income in the future.

8. Investing in stocks or funds

Investing in stocks, funds or other financial instruments can get considerable returns, but there are also risks, so we should study carefully before investing to understand the basic process and potential risks of investment.

be economical

Controlling expenditure is an important part of financial management. As long as consumption can be controlled, the accumulated funds will increase. You can reduce your expenses by budgeting, buying necessities, using coupons and promotions, and trying to make your own food. 10, the rest of the salary can be invested in our familiar financial activities to get the maximum benefit. When we properly solve the problems of daily expenses and emergency preparedness, we can put the remaining wages into financial management activities, strive for maximum benefits and realize financial freedom. When managing money, you should pay attention to it, and you must do it in the field you are familiar with, so as to ensure stable profitability. This is the most suitable financial management method for you, and it is most conducive to realizing financial freedom. My answer is over.