Investing with FGTS can be a great way to increase your equity, take the opportunity to do something you’ve always wanted or even protect your money in the long term.
There are several options for what can be done with the amount saved in your guarantee fund.
Each of these options has its own pros and cons, so it’s important to consider your financial goals and how much you’re willing to spend before making a decision.
If you prefer, you can still consult a finance professional or even a qualified financial planner for guidance on what to do.
With planning and research, anything is possible.
I decided to withdraw my FGTS, now what?
The first step is to check which of the looting modalities you fit.
In general, anyone with an active or inactive FGTS account can withdraw.
This means that, even if you are not currently working with a formal contract, it is still possible to draw value from previous experiences that you have already had.
There is also a minimum amount required to carry out the operation, but it varies and you need to check this information with the finance company that is helping you.
One of its biggest advantages is that it is possible to do everything 100% digitally, just download the FGTS application and enable the withdrawal option.
Get to know the birthday cash advance loan
The birthday withdrawal advance loan is a credit option offered by some financial institutions that allows Brazilian workers to anticipate receiving the FGTS birthday withdrawal.
That way, you can have access to FGTS money before the normal withdrawal period.
Including, this is a great option for those looking for a more urgent value.
If you haven’t gotten the amount you were looking for in a loan, or even if your goals are bigger, the FGTS birthday withdrawal advance can make up the difference.
But, as this is a transaction made by financial institutions, it is important to consult the amount available for withdrawal and look for the one that will best meet your needs.
Where to invest the value of my FGTS?
In order to have a healthy financial life and with expenses that make sense, it is important to understand the destination of the money you have available.
Therefore, before withdrawing the FGTS amount, know exactly what you will do with it. That way, there will be no risk of spending on other things that will not be important to you in the long run.
If you still don’t know what to do, we’ve separated some tips to help you choose the best option for your current moment.
See below and evaluate your needs to make a good choice.
dream of own house
Owning your own home may seem like a distant dream, but with good planning it may be closer than you think.
You can use your FGTS balance in several ways to buy or finance a home:
- As a down payment to buy or build the property.
- Amortizing or paying off the outstanding balance.
- Paying part of the installments.
When choosing the best way to acquire your own home, don’t forget to guarantee a home insurance.
That way, you insure your home from problems that could cause you a big headache and even unnecessary expenses.
change car
Since the birthday withdrawal loan is an option to get extra money at certain times, you can also use it to change your vehicle.
In some cases, the car is so damaged that it is not worth spending on repairing it.
Therefore, consider checking the amount you can withdraw from the FGTS and how much you can invest to have a new car.
Some people need the ease of having a good car, as they use it for work or to facilitate their day-to-day tasks.
Therefore, it is very important to look for a good vehicle and ensure that it meets your daily needs.
In some cases, it may be that the amount acquired is not enough to make the purchase, but you can also try to complement what you already have saved, or even complement another loan that you have taken out.
Upon completing the purchase, get a car insurance quote it can also ensure comfort and practicality in everyday life.
open your business
According to the Federal Government website, in the first quarter of 2022, more than 1.3 million new companies were opened in Brazil.
This indicates that Brazilians are resorting to other alternatives to obtain a source of income that helps pay the bills at the end of the month.
For the business to start in a good way, it is necessary to give a good initial investment, since it is necessary to pay several fees.
Take advantage of the FGTS birthday withdrawal loan to meet these initial expenses. Every possible source of investment is important to continue with your business.
Take your dream trip
Remember that your FGTS amount is an indicator of how hard you’ve worked. Therefore, you also deserve to take time off and enjoy the rest the way you want.
The FGTS birthday withdrawal can help you take that time in a place you’ve never been before and dream of visiting, for example.
Consult how much you can withdraw and, based on that, make a trip plan to make the most of the tour and even save on expenses.
A good investment in this case would be to take out travel insurance to ensure that nothing goes as planned.
It is very important that you leave the house and return safely, so this should be part of your preparations.
Other big goals
You’ve seen it, right? There are many ideas to put into practice, just think of the one that makes the most sense to you at the moment.
The FGTS withdrawal can contribute at any time you need it. Have you ever thought if what’s missing to plan your perfect wedding, for example, is in store waiting for you?
And that’s not all: renovation of the house, spending on medication, an emergency supplement to the month’s income.
The good use of FGTS can ensure that you don’t get in trouble and do what you need.
Get to know Low Interest
Interest Low is a credit marketplace whose mission is to help you improve your financial life.
Offering several credit products, such as the birthday withdrawal loan, personal loan and secured loan, it is possible to help you with any extra expenses you may have.
In addition, if you need to organize your finances to have a better quality of life, they also offer follow-up with a financial organizer who can help you use your money in the best possible way.
If you are interested in getting to know more, or even in finding out more about the FGTS birthday withdrawal, visit the website of Interest Low and do a simulation.
