Clipping of news on Brazilian Culture, Law and Citizenship
1/24/2017
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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Financial organization is the key word to clear debts and recover the health of your wallet.
Their or their partner's unemployment, reduced working hours, inflation in supermarket shelves and their children's school make more people feel suffocated by debt.
Photo: DINO
Do not despair, the situation can be reversed with certain doses of financial organization already with positive impacts in the short and medium term.
As financial health affects every family, open the game with children and even your parents - if they live with you - so you can follow our suggestions. Financial organization is like bodybuilding: an unsightly activity, but once you get the hang of it and see the results, do not quit any more.
1) Know the size of the debt: take stock and identify all your debts: credit card, overdraft, late credit, etc. Check how long the debt is outstanding, who the creditors are, the total value of each and the interest rate charged.
2) Take over your debts: tell your family about your economic situation and listen to their suggestions to reorganize finances. And include everyone in the savings process to be able to pay their debts.
3) Cut expenses: Switch traditional products on the market by the brands of the house, exchange the complete cable TV plan for a more modest and stay tuned to eliminate waste of water and electricity.
4) Exchange expensive debts for cheaper ones: credit card and overdraft fees are among the highest for individuals. If it is your case, you should seek the bank to renegotiate - it will propose the installment of the debt with interest lower than the ones that were charged.
5) Make the right choices: If you have applications, it pays to rescue the investment to pay off the debts. Or even sell a property that is stationary. That is because the income you receive will never outweigh what you are charged interest.
6) Assess how much you can actually pay: Experts recommend that only 70% of your income be compromised. When this ratio is exceeded, any unforeseen event may reverse its plans and reopen debt bleeding.
7) Avoid getting blacklisted: getting a dirty name will prevent you from getting credit, that is, you will not be able to make a purchase through a merchant account, or even request a checkbook. Payment of the debt, the name of the debtor remains in the register as a default for five years from the debt maturity date.
8) Accomplish the combination: either with the bank, with the financier or with the friend who lent you money. So you regain your self-confidence and get out of debt cycle.
9) Educate yourself financially: Seek information on personal finances, so you'll be better equipped to identify situations that may prove to be harmful. Incorporate the habit of making a family budget, so that you have control of expenses and expenses in order to get maximum income from your income. Http://www.dsopead.com.br/produto/sabedoria-financeira/
10) Look for new sources of income: what about working as a freelancer, consultant or undertake selling cakes or walking with dogs for people who do not have availability in their free hours? Do you have clothes or appliances you have not worn in a while? How about selling to friends or on used-item websites? Cash that comes in is better than cash just coming out of the wallet. To undertake can be a solution http://www.dsopead.com.br/produto/como-company-with-financial-balance-35h/
To contract debts in itself is not wrong, nor sin. The problem is not looking for sustainable output to pay off what you owe. With our financial organization tips we hope to have helped you rediscover the path to financial recovery. If you have questions about the topic, please let us know so that we can address the topic in the next texts. Www.dsopead.com.br
Source: Earth
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This article was translated by an automatic translation system, and was therefore not reviewed by people.