The best alternative for the first challenge is to fully respect the budget that I have talked about in previous collaborations. A super important ally is to compare before making our purchases and take advantage of store promotions, particularly to buy food; analyze even incorporate substitutes, for example, beef continues to rise, I can still consider pork or fish; chicken not so much because it has also had a significant increase.
Here comes the crux of the matter, you have to be very careful with debts, due to the increase in rates to counteract inflation, consumer loans automatically become more expensive, especially credit cards and payroll, since being linked to the reference rates makes the rate we pay for the balances of the obligations higher.
Beware of the temptation to pay the supermarket bill for months without interest, it may seem like a good idea, but if you realize, what you carry in the cart lasts less than the life of the credit. I would even recommend in general to be very cautious about using these instruments. A disorderly use can cause a big snowball from which it is very difficult to get out, then you will live the saying: “I must, I do not deny”. I am aware that I have an obligation, but I cannot pay it.
It is important to mention the care that we must have when requesting credit in institutions that are not regulated, the interest they charge is worthy of aggiotists and the rates can even be more than 100%. Worse still, there are fraudulent organizations that ask you for an initial deposit to access a larger credit, disappearing with your resources.
Debts generate desperation, but it is better to approach your financial institution and that between the two of you they come to a payment plan that allows you to get out in the best shape and that your bureau is not so affected by a bad credit history, remember that having healthy finances is solely your responsibility.
If, on the other hand, you have listened to us to properly manage your finances and you have been disciplined with your budget, you allocated a percentage to savings, now is the time to take care of it like gold in cloth, says the popular phrase, so it is advisable to approach the financial specialist to offer you short-term instruments and mainly debt.