Clipping of news on Brazilian Culture, Law and Citizenship
05/02/2016
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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Source: Survey
Credit card machine
Credit Cards: Not always the plots are the villains of personal finance
São Paulo - At this point, the Brazilians are already tired of knowing that you need to save on all sides. But the refrigerator is still old, the car depreciates and the pantry is empty. When parcel can be a good option to pay for what is really needed?
Whether to buy a house or milk in the supermarket, the old advice is: if you have money in the account, it is always better to pay cash to avoid compromising future income. The tip is even more relevant in times of great instability in the economy, as the current, noted Fernanda Monnerat, Serasa Consumer Director.
But piecemeal is good only when the value of the good or service is much higher than the disposable income to pay it and the purchase is really necessary and will benefit in the future. This not only happens with the house and the car, but also with the MBA, the notebook and vacation, for example.
"The ideal is always investing in an application before and pay cash, but sometimes it's hard and debt worth. Without buying anything superfluous, life is boring, "says financial adviser Jurandir Macedo, professor at the Federal University of Santa Catarina (UFSC).
For lower value products such as jeans pants on sale and pharmacy cream that allows the seller to pay three times, it parceled only if you are very organized (very much!). "If you can if you plan, you can leave the money invested and pay for purchases gradually on the credit card. But this is very difficult, "said Macedo.
The spot price is the same in installments. And now?
Always worth trying a cash discount, but if you can not and the price is equal to the total installment value share is more intelligent, according to the personal finance expert Ricardo Assaf, founder of Lend Capital and president of the Brazilian Association of Microcredit companies (ABSCM). But since you arrange to pay the installments, of course.
He explains that a move from joint marketing between the stores is to say that the purchase can be split without interest. Traders say, for example, that a product costs 100 reais and can be purchased in two ways: in 10 times out of 10 actual or cash, with 10% discount. Thus, the spot price is 90 reais and time up to 100 reais.
By using this strategy, retailers can set different prices for purchases in cash and installments, but rather to point out that the hire purchase will be more expensive, because of the embedded interest, they reveal the fictitious discounts offered in cash purchase. "Only worth it piecemeal if the spot price and financed is equal," says Assaf.
To find out if there is interest embedded, multiply the amount of the installments by the number of benefits and see if the result is equal to the spot price. Another option to make this account is to use the calculator of the Central Bank Citizen. Informing the number of parcels, their values and the total amount financed, the tool shows the interest charged in the operation.
In the opinion of friends, Serasa, even when no cash discount, it is better to avoid piecemeal low values in this time of rising unemployment. "The less you commit to income in the future, the better," he says.
What not partial at all
Shopping day to day, such as food and cleaning products, should always be made in cash, no matter how good the conditions offered by the supermarket, as suggested by the financial advisor Oswaldo Sena, the Brazilian Institute of Financial Professionals Certification (FPSB).
"Next month, you'll have to buy it again, and so you create a snowball," he explains. This tip goes for all expenses that are recurring, such as household bills and parcels that already exist on the credit card.
The financial consultant also advises always give higher input as you can and negotiate the lowest possible number of parcels - this goes for any purchase of the house to the new refrigerator funding.
Do not miss the plots
Spending more than you earn is always an issue and the imbalance in the accounts usually worsen when the plots come into play, as highlighted by the consultant Macedo, a professor at UFSC. Even if you do not have all the money you need to make a payment now, just assume the debt if you are sure that he can afford it.
Therefore, it is crucial to know how much you earn and how much you spend every month. "Keep the little notes, add all every month and check for clearance to pay the installments," he suggests.
To Macedo, the credit card is not the villain of personal finances and may even help in the organization, as it allows focus all payments in one day and leave the money in yielding an application during the month. But it should only be used by those who know their spending.
Source: Survey
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This article was translated by an automatic translation system, and was therefore not reviewed by people.