5 Good Reasons To Save You Money

Our country is going through a very complicated time. The economic crisis has been affecting - to a greater or lesser extent - all sectors of the economy and, consequently, the population as well. As a result, many people decided to follow the advice of countless financial experts and chose to save to have a reserve in case of emergency. If you need good reason to join this class of prudent Brazilians, here are 5 of them:

1 - Unforeseen happen

Who has never cared about facing an unexpected situation - whether it is repairing a home appliance, repairing a car or a sudden family health problem - and not being able to afford the bills? This type of unforeseen event can completely mess up our monthly planning and lead to late payment of essential bills such as rent, mortgage, or tuition.

If you have already lost sleep with this kind of worry, then the time has come to better organize and save some money. It doesn't matter that you can't save much at first! The important thing is to start somewhere and, little by little, make a habit of saving.

2 - To evade debt

In fact, this item is closely related to the previous one, since if you are not cautious and have no money saved, you are almost certain to end up getting a debt should an emergency arise along the way.

So, to get out of this kind of situation - and even to be able to pay off your debts -, it is essential that you create a reserve fund. By the way, this little savings can also serve as a spending flag: when it starts to wane, it's a sign that you're getting out of line and need to save again.

3 - To invest in home ownership

In recent years, the number of people who prefer to live on rent over buying a property has been increasing. However, those who cherish the dream of owning a home are still in the majority - and anyone who has tried to acquire their own knows that to get approved financing and negotiate reasonable installments, they need to shell out a nice down payment.

Do you include yourself in this group that wants to have a corner of your own one day? So you already know! Start saving! And don't forget that the initial expenses don't end when you pay the down payment. There are a number of taxes and fees beyond salty that come as a "toast" when you become a property owner.

By the way, if instead of buying a house you are planning something more modest, such as financing a car, be aware that the above tip is also valid - only on a smaller scale. This means that if you don't have the money to get your car in sight, you'll also have to raise some money to get some nice financing.

4 - To ensure a more peaceful future

One issue that causes a lot of concern is retirement. Although there are many uncertainties about the future - not to mention the controversial pension reform proposed by the Government! - If you want to have a more peaceful future, you need to prepare now.

There's no secret: The sooner you start doing your sock, the less you'll have to save in the future. One tip would be to start by saving the equivalent of your monthly INSS contribution and gradually increasing the amount until it reaches, say, 10% or 15% of your income. Also, you can save your money in funds that earn interesting interest.

5 - To enjoy life more

Imagine being able to plan on that dream trip, invest in a business of your own or simply buy something “superfluous” but you really want it. There's nothing like having a spare fund for these things - instead of burying yourself in debt or spending your life paying installments. The positive side is that it is much easier to find the motivation to save money for pleasurable things!

But what can you do to save more?

1. Use coupons

Who doesn't want an extra discount when shopping? So, a good motivation to save was the release of discount coupons to major stores in the market such as Americanas, Ponto Frio or Casas Bahia.

Coupons are available at major stores, for example for Extra you can check out at www.picodi.com/extra-com. It is worth exploring the wide variety of promotions and coupons that can be used in stores, restaurants, travel agencies, cinemas, theaters and many others. Check out the Picodi website, which is a platform focused on this type of service.

2. Research well

Before you buy anything - regardless of whether it is a product or service - you need to research well and compare prices to find out where the best deals are. And you don't even have to fret about it, as there are so many websites and apps that do this kind of work for us.

3. Negotiate

If you have followed the tips we listed in the article and have a spare cash, please negotiate an extra discount for cash or cash payments. A good conversation with the seller can yield reasonable savings.

4. Control the impulse

Let's say you have a little money left and you've stumbled on something nice, but you don't need much or a whim. Before you make a purchase, go for a walk, take a break, and think about whether it's really a good idea to take the item home or save money.