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With the arrival of autumn, it is time to finish adjusting the family budget to face the final stretch of the year on the right foot. Inflation, rising mortgage payments, tax payments and vacation splurges, among other expenses, have forced many households to dip into savings. But all is not lost yet.
Slowing down. Ending the year with a current account surplus will cost more than last year. Economic growth is slowing and, although GDP is expected to grow by 2.3%, the slowdown in economic activity is expected to continue in the coming quarters.
Resist. The situation is beginning to take its toll on the housing market, as is already happening in countries in the euro zone where intense price falls are already being recorded. The dark clouds are hanging over the pockets of consumers and public finances, which are in a vulnerable situation due to the rise in rates, which has driven the Euribor to its highest level since 2008.
Win more. A possible solution is to try to increase income and cut expenses, for example by opting for energy efficient solutions to save on supplies or opting for the cheapest offers. This fall it will be less complicated to put this method into practice, because supermarkets have entered into a war of offers and promotions to retain customers and anticipate the slowdown in consumption.
Beware of AI. Finding a job or changing companies in exchange for a better salary can alleviate the family's financial situation. But in the era of artificial intelligence, certain aspects must be taken into account to be successful with the algorithms that help companies find candidates. Artificial intelligence can be an ally in the labor market and investment, but also a threat.
Drivers will continue to save money on tolls. Brussels has accepted the Government's proposal to exclude the implementation of payment for using highways and highways from the commitments to continue receiving recovery funds, although the decision has generated discomfort in some sectors.
An issue that is difficult to solve, as is difficult access to housing. A problem that, however, varies by neighborhood, as demonstrated by a recent report that concludes that this precious asset is scarce in 13 provinces but is abundant in the rest.
