Thursday, July 29, 2021

Over Half of Brazilians Spend More Than They Earn – Survey

THE RIO TIMES: Debts are also a common issue among many Brazilians. A quarter of respondents (25%) have debts exceeding what they can afford to pay.

RIO DE JANEIRO, BRAZIL - A survey of workers in Brazilian companies showed that more than half (or 55%) spend more than their salaries, while another 45% spend "a little less" than they earn.

The survey was conducted by financial consulting fintech Leve. In total, 700 employees from 16 companies were heard.

The goal was to draw a profile of workers' finances. According to Leve, the study drew a worrisome picture of Brazilians' lack of financial control. According to the survey, 35% of workers were only able to maintain their living standards for 3 weeks after ceasing to work. » | The Rio Times | Thursday, July 29, 2021

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