家庭理财研究——基于生命周期理论视角

Research on Household Financing——Based on Life Cycle Theory

互联网金融快速发展,金融业迈入混业经营、综合资管的新时代,理财成为家庭财富管理的基本手段。以生命周期理论为基础,通过实证调查,发现目前家庭理财存在着投资理财意识不强、投资过程缺乏专业性、盲目跟风、对投资风险认知不足、关注收益多于风险等问题。通过二分类Logistic回归模型分析影响理财的因素,认为不同生命周期理财策略应该有所区别,风险承受能力、家庭收入及家庭主要收入者是否在金融业从业,都对理财产生显著影响,故提出分生命阶段规划理财、分散多元化投资、培育理财专业人才等对策建议。

Internet finance has developed rapidly, and the financial industry has entered a new era of mixed operation and comprehensive asset management. Financial management has become the basic means of family wealth management. Drawing upon the life cycle theory and empirical studies, the thesis finds that the main problems plaguing household financial management are lower awareness of investment and financial management, the lack of professionalism in investment, the blind follow-up, underestimate of investment risks, and unparalleled attention to income rather than risk. Using the multiple regression model to analyze the factors affecting financial management, the paper argues that a household should adopt different financial management strategies in the entire life cycle. As many factors such as the abilities to weather through risks, household income, and whether a family’s bread earner is involved in financial industries have an obvious impact on financial management, the paper thus recommends that life circle should be taken into considerations in making household planning, along with diversified and multiple investments and the cultivation of wealth management professionals.