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Expert gives tips to manage finances during unemployment

06/24/2016

This article was translated by an automatic translation system, and was therefore not reviewed by people.

 

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One of the rules is to cut wasteful spending

Jornal do Brazil

Brazil finished in 2015 a total of 1.542 million jobs and forecasts for 2016 are not optimistic. There is a wing expert who comes to speak in the loss of more than two million formal jobs this year, which has left very worried population.

Adds to the growing unemployment rate increased replacement time in the labor market. What once revolved around four to six months, climbed to 10 to 12 months. Thus, those who are already in this situation need to know how to manage well the money. The financial educator and an MBA from Ibmec, and blog creator Want to Get Rich, Rafael Seabra explains how to handle finances in difficult times.

For those who have just been laid off, Seabra advises using the FGTS and the penalty of termination as emergency fund to pay for monthly expenses. Also, wipe spending is a must, that is, cut unnecessary costs and tighten the belt to the replacement market. And no way to think about the purchase of goods that generate expenses such as an automobile.

A good practice, according to the expert, to reduce monthly expenses and have a lean budget is get rid of, even temporarily, expenses such as cable TV, and change habits with costs such as shopping trips and the use of the card credit, which should be stored in the drawer to the new job appear.

Even though the consumer a great temptation, Seabra points out that two attitudes should not be taken under any circumstances during unemployment, the financial situation does not worsen. First, no new debts and second, do not spend more than you are earning, either through unemployment or a financial reserve.

While the new job does not appear, the expert advises people to run after money "fast" and "easy". "In times of unemployment, some people are desperate and do not see the opportunities. The best way to get an extra income is used or acquired knowledge, technical or intellectual, to help people and thus be rewarded for it. It may be provided to perform a specific service or to a consulting, for example. "

During the phase of unemployment, if possible, even to use it rather FGTS, it is important to invest in knowledge and training, take advantage of the available time in a productive manner. Seabra emphasizes that empower yourself is a great way to reduce the time of replacement. So do some focused course on the scope or put in place a project that always wanted, but never had time are positive attitudes.

Now, if unemployment has not come yet, but chances are great, the expert says is essential to mount an emergency fund to guard against unforeseen financial, which is not necessarily the lack of jobs, but an unexpected medical expense, for example. It indicates accumulate an amount equivalent to at least three times the monthly expenditure, that is, if the person spends R$ 2 000 per month, you need to accumulate at least R$ 6000 to have financial peace of mind in case of any unforeseen .

Manage finances well in times of economic crisis like the present, it is essential for unemployed and employed, after the income of the general population has decreased with as high inflation. Thus, according to Seabra, everyone should review their spending.

"It is often possible to reduce a little the standard of living without compromising quality of life. Much of the spending comes from Brazilian debt, especially with cars and credit cards. In other words, consumer goods. Control consumerism is essential to reduce costs and increase the quality of life, "he says.

 

Source: Jornal do Brazil

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This article was translated by an automatic translation system, and was therefore not reviewed by people.

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