There are people who do not know to save under any concept and are only sensitised to pay and to spend. It is more need to have some debt that forces to them to formalize payments and to fit his income. The advice that I give is for that type of people and the rest also, since it is an operation that generates benefits in many occasions.
We are going “to save” requesting a loan to buy any thing. We suppose that I want to buy any thing that costs 1,500 Euros. We only suppose I have 1,500 Euros to realise its purchase. We have two options to carry out the purchase:
- Cripple 1,500 Euros that I have saved previously and I buy the object and I remain without money.
- I request a loan of 1,500 Euros to carry out this purchase. But not a loan anyone, if not of these conditions.
I go away banking office and I say that I want a loan to them of 1,500 Euros, to pay in a year and in return we on credit establish a fixed or similar imposition by that same amount and that same time.
That is to say, I am guaranteeing my loan to them of 1,500 Euros, with the same amount of money. We must negotiate a loan to the consumption with a low interest and without commission of opening. We suppose the conditions that I have obtained. 6% TAE without opening commission.
This point is very easy to obtain since the amount of the loan already is guaranteed with our imposition. On the other hand, we must agree to good conditions for our deposit. To the being little amount, I have only secured to a 4.25% annual grace period to victory.
We are going to see the numbers that are from all this operation. By the loan, I must pay a monthly payment of 129.10 Euros. The total amount of interests that payment is of 49.20 Euros. We remember that I have not paid opening commission.
By the deposit, when the victory arrives are going to me to eliminate 63.75 Euros to its victory. As this amount is gross, we must reduce 18% to him of retention for PERSONAL INCOME TAX. A liquid is from 52.28 Euros.
That is to say, when the year finalizes, I will have paid the loan and I will have gained 3 Euros. And in addition I will have my 1,500 Euros available to realise with them what wants. If you have money, you have a loan, you do not forget it.
