Although it is not very profitable, saving is one of the most practical and safe ways to invest money. Maybe that’s why it’s so popular among Brazilians. Savings help build and preserve inflation equity, as well as contribute to the achievement of personal goals and dreams.
Use to enter a dream
Dream of buying a car? Do you want to fund your children’s higher education? Nothing would make you happier than buying a home? Do you want to own your own business? If you have dreams that rely on money for your achievement, savings can help you! The value of savings, if not all, can make it easier for you to realize your dreams. Remember that in many situations, the balance can be used as inputs. However, it is not recommended to empty your savings for this purpose. Always keep resources for any emergencies.
Use to achieve short-term goals
Savings are a conservative and advantageous application for those who have short-term goals (horizon of up to six months). In this case, it may be better than the Direct Treasury or even some CDBs from the big banks and some DI funds. Given this, the value of savings can be used to acquire something small, such as a computer or even, to make that long awaited holiday trip.
Use to invest in something more profitable
For those who want to enrich and increase equity, the ideal is to start a conservative investor, investing in savings and saving money, making bigger and more profitable investments gradually. With the savings account, the investor can apply in CDBs, real estate funds, stocks and other applications that present good liquidity and profitability.
Use to amortize the impacts of emergencies
Let’s assume that a serious unforeseen happens or you are facing the debt about to win and have nowhere to take the money. Do you prefer to avail a loan and be subject to high interest charges or is it better to use money that you already have? There are many people who consider the use of savings to pay bills to real capital without, but you must understand that this type of investment also serves to solve emergency situations without having to seek the help of others. If any unexpected happen with your car, home or health, celebrate for having how to count on the savings to set up an emergency reserve!
Remember, planning is key.
Before you start saving, set the goals you have for the money. If for 12 months you will raise money for the car, at the end of this period, you will know exactly where to apply the balance. If you have concurrent goals, it is good to open more than one savings to apply values proportional to the size of the goal. Of the amount to be applied, separate, for example, 10% for the emergency fund, 10% for the year-end trip, 30% for the education of the children and 50% for the purchase of the home. Note that they are distinct goals, short and long term. You do not necessarily have to dream to start investing in another. With planning and organization, it is possible to work for different goals at the same time.