Personal Financial Planning

In today’s China, rapid economic development, residents’ wealth has increased.Along with the increase of residents of the distribution of wealth, the objective needfor residents of the management and planning of their wealth, so as to realize thevalue of life service. In this paper, through the analysis of all kinds of financialproducts and the market situation of China financial market on the face, summarizethe Chinese financial planning problems, prospects the future development directionof financial planning. Make analysis and Discussion on the current situation anddeficiency of all kinds of financial products, in today’s society, put forward someviews on the key points and investment products in the choice of financial planning.And the emergence of the new economy to the traditional personal financial planningand the impact of the changes brought about by the in-depth analysis. When the bankfinancial institutions as the traditional should be how to face to face new financingpattern appears, how to survive and make a detailed analysis of the problem to occupya greater market etc.. This paper also through a family to achieve specific goals offinancial planning, based on customer’s value orientation and behavior characteristics,analysis and the whole family financial situation, selection of calculation andinvestment products, discussed a set of financial planning process, and through thecase of successful planning, so that readers can key points of financial planning in theunderstanding, and further understanding of financial planning existencesignificanceand profound influence. Personal financial planning is a planning andappear as with customer life planning. It is designed for customers to achieve theirgoals in life with financial freedom. It uses the knowledge and method of economics,accounting and investment subject to analysis the customer economic conditions, forthe customer’s wealth of value-added services, and further to customer life goalplanning. Through this article, the author wants to convey an idea, in the specificeconomic situation, to realize the goal of life is to ensure that customers each financialplanners need to think of the problem. How to create a suitable financial planning is every planner proper occupation moral and professional qualities. Through his ownexperience in financial planning and future are summarized and reviewed, thefinancial planning for a lifetime, is not immutable and frozen, with the method ofdifferent financial point of time will change accordingly, and should take into accountsuch as tax, pension, consumption and investment and other aspects. The authors ofthe study of the financial market and financial products, comes to its own point ofview: that is, financial institutions and financial management division should beindependent from the current financial sector, forming a single professional financialplanning industry. Only do not rely on financial institutions exist, can be not affectedby the task and relationship between financial institutions of the sale of productscontaining. Objective independent develop customer lifetime financial planning, andnot become a financial products sellers.