We should clean a tartar every day, and the car will change the oil every 3000 miles, and the window should be scrub once every spring. But will we do this? These troublesome things are easily forgotten unless they become part of our daily lives.
Our financial management is also true. Want to take your money better? You need to do 10 homework every year.
Preview prediction
A list of wealth management targets in November or December each year. I have estimated how much funds have been prepared for each financial goal, and how much do you still need.
To make up for the difference between these two numbers, not only look at your savings, but also to see when you need money, and what you can get during this.
The prediction rate is something that is not easy to make, and people tend to be too optimistic. My suggestion is: Do not set the return of bonds above 5%, and the return of stocks should not be more than 8%.
Next, these different numbers are input to the savings calculator.
Look at the results? You will see that if you want to achieve all financial goals, how much you need to save each year.
2. Determine the goal
According to the suggestion of the calculator, it is unlikely, it is estimated that you can reasonably save, and determine which goals are the most important, then set out next year's savings plan.
Also, if you have retired, you should set a spending plan next year. You can only propose 5% of the initial value of your investment in the initial value of your investment.
Don't forget, any dividends and interests you have gave include within 5%, and some of this money must pay taxes.
3. Save money for the future
Where is the savings? For retirement savings, choose very simple. You should go to the company's retirement plan to the company, that is, all of your personal retirement accounts.
Every time in the end of the year, you should decide that in the next 12 months, it is put forward from the salary of funds into the company's retirement plan. Later, in early January, you should register to participate in an automated investment plan, that is, proposing 250 yuan from your bank account to your personal retirement account every month. This way you will deposit 3,000 yuan for yourself every year.
4. Digital Management
Investors like to buy some new investment varieties because new investment varieties will bring new hopes. Abandoning existing investment varieties should be more difficult, especially for investors who have lost money. We are not willing to lose money, because this means acknowledged a mistake, and gave up all hopes that recovered losses.
To keep investment on a controlled number, you need to conduct an assessment of the portfolio to see if there is an investment that should be abandoned. This work is best carried out in early January, because at this time you just get the annual retirement plan, the annual report of the Common Fund and the brokerage account.
5. Set the proportion of investment portfolios
When you review those annual reports, calculate the proportion of stocks, bonds, and cash (like monetary market funds and savings accounts) in your portfolio. You should determine the percentage of these three investments throughout the combination. Does your portfolio deviate from these targets? If so, then restore the balance of the portfolio.
6. Calculate taxes and fees
When you pay taxes in March or in early April, you should estimate how much your minimum tax rate is.
If your minimum tax rate is 27% or higher, then do some tax rates in the account you want to pay, such as tax-free municipal bonds, stock index funds, and pay taxes funds.
If your tax rate is 15% or less, what should I do? Then invest some bonds with higher yields but taxable, and it is not necessary to pay a lot of payment of tax investment strategy every year, you don't worry.
7. Premiere
In January or February, planning you will pay a few major consumption this year. Plan a luxurious summer holiday? Plan to change your bathroom in autumn? The spring should start to save money so that you can not pay credit card costs without debt. 8. Investment Life Insurance
Every year you should consider whether your insured insurance is appropriate or not. Maybe you need to invest more life insurance, because you have just added a child. Maybe you will no longer need life, because the children have adults themselves.
9. Consider the worst case
If you retire, take a little more time to take a little more time: If you can't use your stock market in 5 years, how will you pay your living expense?
Recently, the fans of the stock market make people clearly feel that the stock market may be in the long-term downward state. You don't want to be forced to sell stocks during the market trough due to cash.
If you are still working? You should plan a plan, and if you can't get the salary for 6 months, how can I cope with it. It is likely to pay for your living expenses, or sell your investment or sell your own mortgage.
10. Exchange opinions with spouse
Will you see the 9 points in front? If you are taking care of your family's finance, you should discuss all these things every year to yourself or your husband. First, your spouse may not agree with your opinion.
But if you can reach the problem of why you have to save money and how much you need more money, maybe you will make more careful calculations. (
