Savings records a net inflow of R$8.2 billion in May, points out BC

Income credited to savings accounts in May totaled R$5.2 billion. As a result, the savings balance was R$993.3 billion.

The positive result in May this year stands out in contrast to May 2023, when Brazilians withdrew R$11.7 billion more than they deposited in savings.

Accountant and member of the National Volunteer Commission of the Federal Accounting Council (CFC) Roberta Veras explains what people should take into account when choosing financial investments, be it savings or another investment.

“What is most important is for the person to analyze, when making a decision, their finances. Understand why she wants that money, whether it is for something short-term, up to a year, or medium-term, which I say is up to 10 years, or longer than that. Because depending on the purpose of the money, you can designate a type of application”, she informs.

She points out that the Bank Deposit Certificate (CDB) is a way of making an investment with immediate liquidity. With Tesouro Direto it may be necessary to schedule a withdrawal date, as in cases of pre-fixed rates.

Veras also warns of the importance of having an emergency or strategic reserve, if the person wants to buy a car or their own house, for example.

“For this, the best way to go is to save six months of your fixed cost, whether in a savings account or in an investment with easy liquidity, such as a CDB. It all also depends on how you deal with these applications, because there’s no point investing your money in something you don’t know”, he adds.

Previous months

In the previous month, April 2024, there were more withdrawals than deposits, totaling a net outflow of R$1.1 billion.

In January, a net outflow was also recorded (R$20.1 billion), as was the case in February (R$3.8 billion). In March, there was a positive balance of R$1.3 billion in deposits.

Read more:

INSS: 2nd installment of the 13th available for beneficiaries with final NIS 5 and 0