Only 6 in 10 Brazilians organize their finances monthly, reveals Serasa

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The survey also identified that 11% say they control their own money frequently

Most Brazilians are used to financial planning. The study “Regional Finance: differences in the relationship with money between the States of Brazil”, carried out by Serasa in partnership with Opinion Box, shows that six out of 10 people (56%) say they organize their finances monthly.

The survey also identified that 11% say they control their money frequently, but forget or skip a few months. Another 18% say they only organize their finances sporadically or when they feel the need. 15% of those interviewed say they are not used to worrying about the issue.

Paper notes (42%), card bill checking (33%) and online bank statement tracking (29%) are the most common methods. Spreadsheets (20%) and financial control applications (12%) are also part of Brazilians’ routine. Furthermore, 10% say they organize expenses using only their memory.

States that best organize finances

According to the Serasa study, consumers in Piauí have the highest national average in relation to monthly control of finances: 89%. Residents of São Paulo, Rio Grande do Sul and Goiás tied for second place, with 88%, followed by those from Santa Catarina and Paraná – both with 87%.

The populations of Rondônia (72%), Alagoas (78.5%) and Bahia (79%) are those who say they are least concerned about the issue. Consumers from Espírito Santo (80%) and Acre (80%) appear next.

About Serasa

With the purpose of revolutionizing access to credit in Brazil, Serasa offers a complete ecosystem aimed at improving the population’s financial health through digital products and services.

*With information from consultancy

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