How Candidates' Proposals Impact Your Wallet in 2026

What's at Stake in the 2026 Elections?

According to G1, the upcoming 2026 elections feature various proposals from the main candidates regarding economic issues that can significantly impact all Brazilians. Topics under discussion include public account balance, interest rates, family debt, economic growth, and productivity.

These issues are not just numbers in graphs; they have a real impact on your daily life, your bills, and your ability to achieve dreams like buying a car or a house. Therefore, it's essential to understand what each candidate proposes and how it can affect your wallet.

Why Does This Matter?

The Brazilian economic landscape is facing a delicate moment, marked by high family indebtedness and an elevated interest rate of 13.75% per year. This means that if you have debts on credit cards or loans, the cost to pay them off is high. Additionally, the government is facing a primary deficit that, if uncontrolled, could lead to more taxes or cuts in essential services.

If the next president can stabilize the economy and control public debt, it could lead to a reduction in interest rates, making it easier and cheaper for you to finance your purchases or even invest. Conversely, a lack of control in public accounts could lead to an even more challenging scenario for all of us.

Practical Impact on You

The candidates' proposals vary widely. Here are some of them and how they could impact your finances:

• Increased Interest Rates: If the next government fails to control public indebtedness, interest rates may rise. This would make financing goods, like a car or home, more expensive.
• Family Indebtedness: With 82% of Brazilian families in debt, initiatives to renegotiate debts and reduce interest rates are crucial. For instance, Lula's proposal to implement programs like "Desenrola Brasil" could help you renegotiate your debts and ease your monthly budget.
• Economic Growth: Proposals that promote GDP growth can lead to more jobs and better wages. If the next president stabilizes the economy, this could enhance your purchasing power.

What to Do Now?

Regardless of who wins the elections, it’s essential that you take some steps to prepare for the future:

• Review Your Budget: Understand where you're spending and where you can cut back. Use the 50/30/20 method to organize your finances: 50% for needs, 30% for wants, and 20% for savings or debt payments.
• Prioritize Debt Repayment: If you have credit card debt, consider prioritizing it as interest rates tend to be very high. Negotiate when possible and seek options with lower interest rates.
• Establish an Emergency Fund: Having a reserve can help you deal with unforeseen events without resorting to expensive credit.

Connecting with Financial Organization

The next administration will play a crucial role in the Brazilian economy and, consequently, in your financial life. Stay tuned to the proposals and, more importantly, continue to organize your personal finances. ADXIS can help you in this process by providing tools to plan and track your budget effectively.