Currently, the French watch their budget very closely. The two containment systems have put part of the population in a difficult situation. Between the loss of income caused by partial unemployment or by the loss of turnover of a company, many households find themselves on the verge of over-indebtedness. Before reaching the point of no return, it is essential to find a way to increase your remaining life each month.
Today, the majority of households looking for ways to increase their living allowance do so to avoid becoming over-indebted or to set aside money to use in times of need. It is a technique that is also used by those who wish to obtain significant credit and particularly a mortgage.
Indeed, the banks check both the debt ratio and the remainder to live. Finally, many people want to spend a little more money on their hobbies, on a decoration project, on various purchases and try to better manage their budget.
Leasing is a process that allows you to have a car without having too much of an impact on your monthly budget. Also called LOA (rental with option to buy), it is a process similar to car credit, but without the vehicle being owned. Monthly payments are “rents” to be paid for a fixed period.
At the end of the contract, the contracting party can choose to buy his vehicle (if there is an option to buy) or start on a new leasing contract . The contract may possibly include maintenance and insurance of the vehicle, but it also sets a maximum number of kilometers to be covered. Anyway, the monthly payments are much lower than those of a car loan and more and more individuals are opting for leasing to save money . Today, it is even possible to make LOA on a recent used car to save more.
The repurchase of credit consists in grouping together all the consumer loans in a single loan and in spreading the repayment dates over a longer period. Generally, the resumption of credits is done at a more interesting rate.
Used mainly in situations of over-indebtedness , banks or credit companies also offer this solution to individuals who wish to increase their remaining life to make a real estate purchase, the purchase of a vehicle or the financing of work.
Very often, in difficult financial situations , we realize that the majority of people did not have a careful look at their budget . Controlling your finances requires a little daily management work. Are you sure you are not making unnecessary expenses? This is the time to draw up a summary table of your budget.
Start by distinguishing all your expense items before assigning them a budget limit. To know your financial capacities, calculate your remaining life by subtracting your expenses from your income. Then split the difference to devote it to other expenses (leisure, clothing, food, etc.). Finally, always keep a remainder to use in case of problems or to place in a savings account to constitute a reserve of money.