Dollars and Sense
A bank account used for setting aside a portion of your income for future use or emergencies.
What is a savings account?
BR: poupança
Health insurance, a 401k (retirement plan), paid time off, sick days.
What are benefits at a job?
Te average down payment for an apartment or house in Brazil (through the bank)
What is 20 to 30%?
It is a tax based on income that people and companies pay to the government.
What is Imposto de Renda
The average rent for an apartment in Campeche. (1 bedroom)
What is $R$ 3.700/month?
When you spend more money than you have in your bank account, you may face fees and penalties.
What is overdraft?
BR: cheque especial
A one-page document that highlights your skills, education, and work experience.
What is a resume or CV?
Minimum wage in Brazil
What is 1518,00 reais?
Federal and unique number every Brazilian citizen has
What is CPF?
The unit of measurement used to determine the total size of an apartment or house.
What is metro quadrado (m2)?
The three digit number that affects your ability to borrow money.
What is a credit score?
BR: SPC
Average one-way commute from downtown to Campeche by car and by bus
What is 40 to 60 minutes by car and 60 to 90 minutes by bus?
The amount of money needed to cover basic expenses such as housing, food, taxes, and healthcare. (expression)
What is the "Cost of Living"?
The yearly deadline to file federal taxes
What is May 30th?
The name of a loan you take out to buy a house.
What is a mortgage?
The percentage a bank or lender adds to a loan that affects how much you pay back.
What is an interest rate?
BR: juros
The term for putting off tasks until the very last minute that sometimes means you will miss a deadline.
What is procrastinating?
The yearly interest rate that comes when you open a credit card. (in Brazil)
The yearly interest rates for credit cards in Brazil are among the highest in the world, averaging between 200% and 400% per year, depending on the bank and type of card.
the income threshold above which people must pay Imposto de Renda
Above R$ 3.036 per month (2 minimum wages)
The document you sign the you rent a house or apartment.
What is a lease? BR: contrato de aluguel
Money someone receives that you don't have to pay back.
What is a grant?
First Sunday of November.
What is Election Day?
Percentage of the Brazilian people who are in debt
What is 40-45%
The percentage that the Brazilian government collects in taxes from the average monthly paycheck
Between 15% and 30% of the average worker’s salary goes to taxes and social contributions.
An upfront payment to a landlord before renting an apartment, usually equals to one month's rent.
What is a deposit?