Personal Finance

Experts advise paying income tax in full if possible, but parceling up to eight times via Receita Federal beats taking loans. Parcel interest is 1% plus accumulated Selic, lower than rates for payroll loans, overdrafts, and credit cards. Simulations show significant savings by avoiding costlier debts.

March 09, 2026 Reported by AI

The Employees' Provident Fund (EPF) interest rate has remained at 8.25%. For many salaried employees, EPF and Voluntary Provident Fund (VPF) are trusted tools for retirement savings. Some investors are wondering whether to continue contributing to VPF or shift extra savings to Systematic Investment Plans (SIPs) for better long-term returns.

As Black Friday approaches, financial experts urge shoppers to resist psychological traps and plan budgets carefully to avoid debt. Last year's event saw South African spending surge, with FNB processing over R5.4 billion in transactions. Key advice focuses on preparation, impulse control, and using cash over credit.

November 19, 2025 Reported by AI

An updated guide highlights 13 eco-friendly strategies that can save households more than $7,500 yearly while reducing environmental impact. Based on 2025 pricing, these tips focus on simple shifts in daily habits and home upgrades. The total estimated savings reach $7,641 or more, with minimal upfront costs.

A reader seeks advice on whether her husband, the family breadwinner, should start Social Security benefits at age 66 or delay until 70 for an extra $800 monthly. Financial experts weigh the trade-offs between immediate income and higher lifetime payouts. The decision hinges on life expectancy, health, and family needs.

October 05, 2025 Reported by AI

A 46-year-old earning $98,000 annually wants to leave the U.S. due to its political climate and become a digital nomad overseas. Financial experts advise on visa options, tax considerations, and practical steps for making the transition. They emphasize thorough planning to ensure financial stability and legal compliance.