As every beginning of the year, extra expenses can compromise the family budget and lead to indebtedness. Accounts such as IPTU, IPVA, vehicle licensing, school supplies, insurance and other seasonal expenses arise simultaneously, generating a significant financial challenge. To prevent these expenses from becoming a burden, organization and financial planning are fundamental.
Planning finances is not about accumulating wealth, but about maintaining balanced financial health to avoid unnecessary debt. Many families go into debt because they do not prepare properly for predictable expenses such as the beginning of the year that, despite being called’, are already part of the routine. Creating a financial strategy means planning the budget in advance, saving money throughout the year and avoiding expensive financial solutions such as loans and installments with high interest rates.
Recent data indicate that in 2024, the percentage of indebted families reached record levels. According to the National Confederation of Trade in Goods, Services and Tourism (CNC), about 77% of Brazilian families are indebted, and most of these debts are linked to credit card, followed by financing and personal credit. The scenario highlights the need for greater financial planning and strategies to avoid excessive income impairment.
The main causes of debt include high inflation, which reduces purchasing power and forces many households to resort to credit to cover basic expenses; high interest rates, which increase the cost of credit; and unemployment, which compromises the financial stability of many households.In addition, the lack of financial education causes many consumers to make decisions without properly assessing the long-term impacts.Impulsive spending, excessive installments and the absence of an emergency reserve further aggravate the situation.
To avoid debt and ensure greater financial security, some solutions can be adopted. Financial planning is fundamental, allowing families to track their spending and adjust the budget as needed. Create an emergency reserve, which covers at least three to six months of expenses, can avoid loans in times of difficulty. Another strategy is to control the excessive use of revolving credit and seek interest-free installment alternatives whenever possible.
In addition to these measures, the hiring of financial protection products helps in the prevention of indebtedness. This type of protection guarantees support in times of adversity. With these coverages, insured persons can count on resources to maintain their basic expenses without resorting to loans or compromising the budget. Thus, the intelligent use of these solutions helps maintain financial balance and provides greater tranquility for Brazilian families.
Undoubtedly, protecting yourself financially is essential to avoid debt and ensure a balanced financial life. Planning ahead, creating an emergency reserve and avoiding installments with high interest rates are key steps to start the year without suffocation. Organization and discipline help keep accounts up to date and avoid financial worries in the future.
