Research On Urban Households Investment

China has developed from the planned economy system into market economic systemgradually since the implementation of reform and open policy. Ever since then, China hasachieved remarkable economic growth, advanced comprehensive country strength, togetherwith improving people’s living level. Along with the rapid accumulation of household wealth,household savings has not only exceeded the GDP growth, but also the income growth, whichcreated massive wealth destruction. Hebei province, located in the north of china, lies by thecoast of the Bohai sea, has a large population of the urban residents by34.1053million in2012. The average annual salary of the people there is about38658yuan. People are no longersatisfied with simply bank saving, they begin to try some new financial tools and channels,which would avoid the risk of family economic life efficiently. This article is embarked fromthe life cycle theory, guided by the economics, accounting and traditional finance. Our task isto use the micro household survey data to make a deep investigation of existing circumstancesof the urban household consumptions and savings in Hebei, the impact of financial marketdevelopment on urban family financial management, and the urban quantitative study on the best combination of urbanhousehold financial management. Above all, we would give solutions and advices on waysto improve our urban household portfolio, make reasonable distribution on family investmentof different life cycle, which would promote the healthy development of the urban familyfinancial management in Hebei province.