Family financial planning is a process of making reasonable arrangements for the use of family funds and financial goals based on the actual situation of the family in order to achieve family financial stability and continuous appreciation. It covers multiple aspects of the family's income, expenditure, savings, investment, insurance, etc., and is a systematic and long-term plan.
The key to family financial planning is to establish clear and measurable financial goals, such as purchasing real estate, children's education, and retirement, and then formulate appropriate financial strategies based on the actual situation of the family and risk tolerance. These strategies may include asset allocation, regular savings, insurance purchases, and investments.