While not ideal, many people go into the red at some point in their lives. Currently, there are more than 60 million Brazilians denied by the SPC, and most belong to the age group between 30 and 39 years old. According to the SPC, this is the highest number since April of last year. Although the number of negatives in Brazil has always been high, the Covid-19 pandemic clearly had even more financial consequences.
That's why I've put together these five tips for you to better organize your finances:

1st Tip: Know your debts well
Finding out the size of your problem is the first step to solving it. Therefore, identifying exactly where your difficulty is and what causes you to spend more than you can are the key to better define your situation.

2nd Tip: Learn to negotiate
Knowing how to weigh expenses and renegotiate your debts are essential behaviors for those who want to get out of debt. Even if you cannot fully pay off debts at that time, establish a healthy dialogue at the time of renegotiation and always prioritize those with the highest interest rates.

3rd Tip: Financial education
Financial education is much more than a way out of debt. The more financial knowledge you acquire, the better you will be able to handle your particular situation. Education brings changes in mentality and habits, and, consequently, better insight into the opportunities and risks involved in the financial world.

4th Tip: Create an emergency reserve
Always keep in mind that having an amount set aside can be a “lifesaver” in a time of unforeseen circumstances. With an emergency reserve, you can avoid going into the red to begin with.

5th Tip: Control Your Spending
Understanding and taking note of your expenses is essential to start mastering them. A very simple way to get started is to download Click Cash's monthly personal budget spreadsheet, and then take notes on your recurring expenses. Remember that it is essential to do this with all your expenses, organize it by categories, and finally think about the purpose of that expense.

Click here to download your sheet!

Learn how to use your sheet:


It's easy to apply for your personal loan

Click Cash is the ideal option if you need immediate cash. Here you can get your credit, 100% online, within minutes. Download the app, select the desired amount and the number of installments you want. After giving your personal information, your credit profile will be created, and Click Cash gives you a personalized proposal.

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