The financial squeeze is hitting hard in Brazil! 📉🇧🇷
According to recent data, income commitment to debts has reached **29.7%** — the highest level in over 20 years! 💸 Moreover, the cash that's "left over" for spending after essential bills is the lowest since 2011. 😱
**What's going on:**
🚀 **High-interest rates:** While businesses are paying ~24% per annum, families are facing average rates of **62% per annum**!
📉 **Tight disposable income:** Only 21% of earnings are left after covering housing, food, taxes, and interest.
🤔 **Paradox:** Unemployment is low and the economy is growing, but the burden of old debts and the cost of credit are relentless. 🛑
Keep an eye on your finances and look for alternatives to avoid falling into the trap of predatory interest rates! 🧠💡
#FinancasPessoais #EconomiaBR #Credit #Brazil
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