Clipping of news on Brazilian Culture, Law and Citizenship
01.19.2016
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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Every beginning of year there are extra expenses for the Brazilian pocket, as the payment of Christmas shopping, holiday expenses, taxes such as property tax and property taxes, school enrollment of children and school materials. With the economic crisis, few Brazilians have managed to make a financial reserve throughout 2015 to pay their bills (19%) and three in ten (29%) plan to use at least part of the 13th salary to settle the disputes and avoid staying with the dirty name, according to research from the credit bureau (SPC Brazil) and financial education portal My Pocket Feliz.
For specialists of SPC Brazil, the beginning of a new year is always a good time to put the bills in blue. "The watchword for 2016 is planning," says José Vignoli, financial educator SPC Brazil. "Since the period of the year-end holidays, the consumer is faced with a number of financial obligations, if they are not well managed, can disrupt the control of the budget for the remainder of the year," he explains.
Check out three important tips to good planning for the payment of year-on accounts and also apply over the following months:
- Paying in cash
"The preference of consumers should be the payment of demand accounts, taking advantage of the discounts offered most of the time," says Vignoli. "You who have no money saved will end up having to pay for the period year-on obligations. However, it started a plan to pay off these expenses next year without going through hard time. "
The suggestion of the financial educator does the consumer go separating each month a certain amount to pay off the seasonal commitments.
- Cutting unnecessary purchases
Valid tip for all Brazilians and especially for those who are already delinquent is to cut unnecessary expenses and avoid impulsive purchases. A recent survey by SPC Brazil showed that 41% of Brazilians who buy on impulse are delinquent.
Among the major expenditures made on impulse and that can be cut or replaced with cheaper alternatives are those relating to leisure, such as bars, restaurants and cinema. Experts also warn the SPC Brazil: promotions and attractive prices possible common this time of year are the factors that most influence on purchases.
- Renegotiate or replace debts
Cases the debts are already hurting the budget, financial educator recommends a renegotiation of the debt with the creditor by hiring new conditions and forms of payment that best fit your budget. Another tip is to make the substitution of a more expensive debt for cheaper another, such as replacing a pending credit card or overdraft for a personal or payroll loan that has lower interest rates. "The substitution of debt can avoid that it becomes a snowball - particularly credit card and overdraft," concludes Vignoli.
Source: Idec
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This article was translated by an automatic translation system, and was therefore not reviewed by people.