Money Management Is Not New.

With the development of economy and society and the improvement of people's living standard, the term "wealth management" has become a household word: banks have set up financial management centers, arranged financial managers for depositors, and stock companies have provided stocks, funds and so on.

So much money management has caused confusion to the people. What is the real financial management?

Therefore, popularizing financial knowledge, improving financial skills, focusing on financial hotspots, answering financial puzzles has become our common topic.

In fact, the term "wealth management" is not a new term. It can be traced back to the spring and Autumn period and the Warring States period, and gradually improved in the Western Han Dynasty.

Modern financial management is generally believed to originate from the American insurance industry in twentieth Century. In a hotel in Chicago, USA, in 1969, a small group of financial professionals in various financial sectors discussed a deficiency they saw: every professional field had their own financial advisers, but there was no financial advisor who was fully familiar with the financial field to serve customers, so the financial services came into being.

Financial management can be said to have exceeded the scope of investment and insurance. It is based on life cycle theory, according to the financial and non-financial situation of individuals and families, using scientific methods and procedures to formulate practical and operational financial planning, and ultimately achieve personal and family financial safety and financial freedom.

Popularly speaking, financial management is a reasonable use of financial tools and financial knowledge to carry out different financial planning, to achieve the established financial goals and achieve the ultimate happiness of life.