What do brazilians do with money to spare?

In its Global Consumer Confidence Study, conducted in the fourth quarter of 2015, market research specialist, Nielsen, points out that the payment of debts related to credit cards and loans and entertainment outside home are sheds where Brazilians invest their money after covering essential expenses.

According to the survey, in the fourth quarter of 2015 the payment of debts, credit cards and loans remained in the lead, reaching 38% of the public interviewed, followed by entertainment outside home, with 36%, spending on new clothes (26%), trips/vacation (26%) and new technology products (20%), closing the top 5 of the Brazilians’ spending preferences. Compared to the previous quarter, spending on travel and vacation have increased a point and investments in new technology products remained stable. 

Sources: Nielsen Global Consumer Confidence Study, 4th Quarter, 2015