Consciousness is the most basic cognition, and it is impossible for a person to make correct financial actions without understanding financial thinking.

2. Strive to accumulate original capital.

The first premise of financial management is to have money to manage, so the accumulation of original capital is very important. When there is no wealth management income, we must strive to complete the accumulation of original capital.

3. Learning is more important than financial management.

For most people, spending the same time studying is much more rewarding than spending the same time managing money. Which is more effective, to spend 100 hours staring at the market or 100 hours learning a new skill or doing your job to the extreme? Unless you want to work in securities investment in the future, the latter is much better for most people and can bring long-term unexpected benefits!

4. Consciously establish various good habits.

This is the most easily overlooked point, but it can determine your return on investment (financial ability) in the long run. Some people spend two or three hours a day brushing Tik Tok, while others spend two or three hours watching enterprise analysis. As time goes on, the difference is obvious.

We must practice as soon as possible.

I have invested in real estate (I have written several cases of failed investment shops before), speculated in foreign exchange and tried futures. Now the focus of asset allocation is on funds, and I also want to do some stocks.

No one, in the process of investment and financial management, has never suffered a loss/retreat. Novices are especially prone to make mistakes, lack of knowledge and unbalanced mentality.

When I was young, I had less principal and strong risk tolerance. It was very cost-effective to make mistakes at the least cost and gain the most valuable investment experience.

Personal financial management mainly includes: revenue and expenditure management, assets and liabilities, investment, risk control, financial planning, wealth management, evaluation and analysis, etc. At the same time, we must understand the investment methods and wealth management products.

Personal finance can bring you the following values: 1. Improve the effectiveness of owning, using and protecting wealth resources in your life; 2. Improve your wealth control and avoid problems such as excessive debt, bankruptcy and dependence on others for wealth security; 3. To improve the realization of personal economic goals, there is a sense of freedom that is no longer limited to future expenses.