Check out how best to make the most of your extraordinary FGTS withdrawal

Recently announced by the Federal Government, the extraordinary withdrawal of the FGTS released R$ 1 thousand for approximately 42 million workers since April 20th. Thus, if you have a balance in an active or inactive account, the amount will be automatically deposited in your Caixa Tem account.

Check out how best to make the most of that amount with these incredible tips below.

Read more: Digital FGTS: government creates portal to facilitate the search for information

See how best to take advantage of the allowance

According to Cristiano Bernardino de Andrade, financial specialist and controllership manager at Banco Semear, there should be a reflection on what to do with the amount instead of spending it immediately.

“If the person has any type of loan, it is important to analyze the interest rates that are being charged as they are generally higher than most investment rates of return available on the market. Marketplace. In this way, if the worker is going to receive the R$ 1 thousand of the Extraordinary FGTS, I would advise him to anticipate the discharge of the maximum possible installments, as he will have a discount on the interest”, he says.

In cases where the beneficiary does not have any debt in his name to be settled, it is recommended that he invest the money. Bernardino spoke more about the current scenario to justify this tip.

“Until March 2021, the Selic rate was at 2%, so it was advantageous to leave the money in the FGTS account. Today, the scenario has changed, as the purchasing power of the amount at the bottom has dropped considerably and inflation closed 2021 at 10.16%. High inflation reflected in the Selic rate, which reached the current 11.75%. Therefore, any investment, including savings, is more profitable than leaving money in the FGTS account. Thus, the person can withdraw the BRL 1,000 and apply it to any other investment that will already have a gain ”, he explains.

And who does not intend to withdraw the amount?

Thus, for those who are not interested in making the withdrawal, the specialist says that the ideal is that first there is an evaluation of the financial scenario in the short term, advising you to reflect by the end of the year on whether or not it is worth leaving this money untouched.