Clipping of news on Brazilian Culture, Law and Citizenship
05.10.2015
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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The chance to be some reserve to address blackout periods as current is dwindling
By Estadão Content
Photo: Disclosure
The Brazilian, who in times of plenty was no longer a regular saver because most of the time lacked wage to close the monthly bills, is now even more pressing. With rising unemployment and inflation, caused by the recession, the chance to be some reserve to address blackout periods as current is dwindling.
Worse, he had money saved is using to pay for day to day accounts. It has appeared in negative net inflow of savings of nearly R$ 50 billion accumulated in the year to August. Besides, who can still save something reduced the numbers saved.
Leandro Pilati, 37 and works in sales, for example, left last year to make extra semiannual deposits in private pension plan because he felt in his pocket the weight of inflation on spending habits. "I'm spending between 10% and 15% more in the supermarket costs.
Also the car insurance renewal became more expensive. So I'm saving less money. "Despite the cut, every month it still manages to put 5% of their income in savings. Pilati, which reduced the numbers stored but not ceased to save, is a smaller slice of the population. Survey earlier this year by SPC Brazil, which specializes in economic and financial information, found that only 36% of Brazilians save and 64% can not save the economy because more than half use the money for other things like pay off, debt, travel, pay year-on taxes, among others. The rest does not spare it has no resources to do so.
Last month, a new national survey was conducted by the SPC Brazil showed a worse picture. Only 9% of respondents who were at the limit of their financial capacity were able to save some money, 40% ended the month at zero to zero and 32% were guilty of something at the end of the month.
Source: Tribuna da Bahia
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This article was translated by an automatic translation system, and was therefore not reviewed by people.