Economy
Christmas. The rush to the shops has already begun, but there are always tricks to save money
There are about three weeks left until Christmas, and despite the fact that this year was atypical – like the previous one – due to the pandemic, most Portuguese want to keep their traditions from this season. And this is synonymous with gifts. And while many have already started to shop for Christmas – and there are even those who may have already mastered the task – there are always those who prefer to leave the choice at the last minute.
As for the latter, there is always a risk to consider: the more time passes, the fewer buying options you have and, in many cases, they require higher prices. However, it doesn’t have to be a scenario.
Do you want to continue giving the same gifts, spending less than last year? It is possible, and the decision may require less or more consideration when making a choice. There are basic rules you must follow to avoid fiscal imbalances and unpleasant surprises.
There is research for all costs and purchase intentions vary. According to a study by Deco, nearly half of the respondents believe that buying Christmas gifts for family and friends is a major problem, and 54% believe that offering a good gift is a sign of respect for the person who will receive it. Perhaps for this reason, 90% of Portuguese plan to spend an average of 249 euros, with the majority indicating values between 100 and 500 euros.
“About a quarter of the respondents who want to go shopping, especially men, think of a higher Christmas budget than last year and the same share. However, overall, six out of ten always end up spending more than expected. In order to save money, almost a quarter of respondents leave gifts in January to take advantage of the leftovers, ”says a study conducted with 835 consumers.
Most consumers expect to spend more on Christmas shopping this year, according to Accenture’s 15th Holiday Shopping Survey. And it is the 32-39 age group that intends to spend the most this year.
According to research by a consultant, 73% of respondents want to spend as much or more than they spent last year. On average, consumers intend to spend € 529 in 2021, up from € 477 in 2020. However, the 32-39 age group intends to spend an average of 624 euros, which is the highest among those surveyed. “While the expected rise in consumer spending is good news for retailers, our report shows that the events of the past year are likely to impact the consumption habits of different generations during this holiday season,” said Manuela Vaz, vice president of business at Accenture Portugal. retail trade and consumer goods.
He adds: “The events of the past year have compressed into a few weeks what would have taken years to change. For example, the pandemic has forced the older generation to overcome hesitation about online shopping – a trend consistently found in our research. On the other hand, younger consumers who already feel comfortable online seem to be looking for services and opportunities that go beyond shopping. ”
A study of over 1,500 consumers shows that 76% want to spend time with their family this holiday season, 75% plan to buy gifts for close family members, and 41% plan to buy gifts for neighbors, colleagues and friends. This “generosity” is likely to spread to other levels as 70% intend to donate to social support associations and 21% report more donations than last year.
Tips to save money for Christmas
1. Budget
The ideal would be to start shopping early, or set aside some of your income – for example, three months in advance – for this season. But if you prefer to leave everything to the last minute, start by making a list of the people you want to give gifts to, and basically how much you want to spend. From there, he tries to match that list exactly.
2. Anticipate purchases
Time can be your best ally, as the earlier you start shopping, the more chances you have of getting the best gift for you at the best price. Keep in mind that the perfect gift is often the least expensive, but the hardest to find. The more time you have to shop, the less money you will spend, since you will have enough time to choose the best and most affordable. Take advantage of balance, for example.
3. Gift exchange.
Known as a “secret friend”, this is one of the best ways to reduce the number of gifts on offer. Each participant takes a sheet with the name of the other and buys a gift for him. The gift may also have a value limit. This method works very well with colleagues, school, or even with a family if the budget is tight.
4. Use campaigns
Many stores are betting on discounted promotions this season. Enjoy them. Whether it’s discounts at clothing, telecommunications, or beauty stores, it’s worth spending some time looking for the right deal in order to buy the right gifts at the best price (see opposite column).
5. Use coupons.
Using the famous discount coupons can be a good bet. There are several proposals of this type, and if you are looking for a luxurious gift, such as a weekend at a five-star hotel, a romantic dinner at a gourmet restaurant or a full day at the spa, this is the place to be. go.
6. Pay in cash.
Leave your card at home and always pay in cash. This will make it harder to spend in excess of your funds. And if you have a habit of sending greeting cards to family and friends, you can do so via email or e-cards. It’s faster and cheaper this way.
7. Compare prices.
If you are looking to save money on buying gifts, then the Internet can be your best ally. Besides looking for every possible and imaginary gift, there are websites that only compare prices: for example, in the case of Kuanto Kusta. In other words, if you already know that you want to buy a cell phone of a specific make and model, search these sites and you can find an online store that offers the lowest prices for the same product.
8. Customize gifts.
Why not make them a handmade gift? You can be sure that the gift you make will have a much greater impact than the one you chose in a hurry, and that it can be much more expensive. Floral arrangements, gourmet jams, diaries or frames are some ideas. Another possibility is to offer vouchers for your time. Young people can offer a tutoring package or music lessons for the younger ones, or their family’s support for childcare.
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Toys
One of the products in great demand during this period are toys. Most stores have launched campaigns with discounts of up to 50%, and large supermarkets have not forgotten about these discounts.
Christmas baskets
Shopping baskets with traditional products are also available at discounted prices. Chocolates, wines, perfumes, bookstores, toys and small appliances, along with traditional cod and bolo-rais, are among the products that will be eligible for discounts at major supermarkets.
Clothes and footwear
Don’t be surprised if you walk into a store or shoe store and the prices are lower. Many shops use this time to sell their products. Price reductions vary by brand.
Travel
If you are looking to buy or offer a ride as a gift, check out travel agents or search online for a tour. You will probably find interesting deals and suggestions for all wallets. But during a pandemic, there are many uncertainties and obstacles.
Telecommunications and technology
Video game consoles are usually one of the most sought-after gifts, especially for the little ones. The natural choice is almost always one of the three well-known consoles, but it is not always easy to make, and this year due to the chip crisis, it may not be an easy purchase. However, it is worth taking a close look at the promotions and packages that many stores are currently betting on. Also, most telecom operators and retailers are now introducing discounts on various equipment.
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Economy
What factors impact financial markets?
The global financial markets are now hugely complex, with traders and analysts around the world looking closely for signs of movement. What are some of the most important factors to be aware of that impact the financial markets?
Geopolitical events
With news breaking from different countries throughout the day, many different stories could affect the markets on any given day. For instance, economic indicators such as the European Central Bank’s inflation rates and gross domestic product numbers released by each country can determine which direction the markets take. Stocks, currencies and other financial instruments can all vary depending on these areas.
Major events such as war breaking out, natural disasters and elections also have an effect. When we look at the commodities market, climate change is an issue to bear in mind, with unusual weather sometimes causing scarcity or abundance of a certain product.
An interesting aspect of the modern financial world is the way that the different markets are linked. This means that any important event or news story that affects one area could easily affect another, even if the link isn’t obvious at first sight. We can also see how local shocks and events can quickly have an effect at a global level.
The financial crisis of 2008 is a good example, as it started with a serious downturn in the US housing market. Although this appeared to be a localized issue at first, it soon revealed some major issues with the global banking setup that caused problems around the planet affecting millions of people and diverse industries.
Speculation and investment trends
The previous factors all point toward the markets changing, and there’s no shortage of traders around the world waiting to see what happens next and how they can benefit. This means that we need to take into account other issues such as speculation and investment trends in the markets.
Armed with a variety of tools, including candlestick charts, traders try to identify trends such as support and resistance levels. They use the information they glean from the charts to make their moves, which can influence the general market if enough people make the same moves or if the amounts involved are significant.
Once an investment trend begins, it can have a knock-on effect that would have been impossible to predict at the outset. The example of Bitcoin and other cryptocurrencies shows how something that starts small can grow impressively. Cryptocurrencies have now gained enough mainstream appeal to influence and disrupt many industries, from healthcare to gaming and banking.
It’s important to understand how the leaders of a company operate and how they have faced challenges in the past. If we look at banking and the Bank of New York Mellon in particular, we can see that its history can be traced back to 1784, so it has overcome all the major events that have occurred since then. With some of the biggest names in the business world making up its key institutional investors, this is a company that we would expect to react effectively to changing markets.
Regulatory changes and company results
Just about every industry represented in the financial markets has laws and regulations that govern it. This means that the fear of harsher new laws is an almost constant threat. Meanwhile, the hope that beneficial changes to the regulations help businesses prosper is the other side of this matter that investors keep a close eye on.
Let’s not forget the role played by the profit and loss results produced by major companies. It’s clear that these results have an almost immediate effect on their stock prices. However, we should also bear in mind that this effect can reach other areas of the economy. A surprising set of results for a large business can produce shock waves that travel around the market.
What impact do they cause?
From the wide variety of examples that we’ve looked at here, it’s clear that the impact isn’t going to be the same in every case. While one set of circumstances might snowball and cause a huge impact, another might cause a limited impact before the news disappears as other events overtake it.
Having said that, one of the key issues that they cause is a higher degree of market volatility. We can see how this works by looking at an area such as the COVID-19 pandemic in 2020. The markets became a lot more volatile as the different aspects of the pandemic became clear. Streaming companies, healthcare companies and video conferencing technology firms made huge profits, while airlines and hotels were among those to lose out massively.
Working out the overall impact of a particular situation is almost impossible to do now. With so many traders looking over the latest news stories and numbers with advanced tools, the original impact can quickly grow or simply disappear. Therefore, the key for investors is to understand emerging trends and react to them before it’s too late.
These details reveal how complex the global financial market is now. It’s a fascinating world, and with more information at our fingertips than ever before, it’s something that anyone can start to research and understand in their own way.
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Economy
Everything has been delivered. 10 Bugatti Centodieci are already in the hands of the owners
OAll Bugatti Centodieci have been delivered, the Molsheim-based brand said on Monday. Cristiano Ronaldo received the number 07 in October this year. and Bugatti has now revealed that the latest unit – #10 – is already in the possession of its owner.
“The Centodieci combines all the values of the Bugatti brand in an extraordinary package: rarity, innovation, heritage, craftsmanship and unrivaled performance. The production batch of 10 units was so in demand by our customers that it was sold before the Centodieci. was even officially presented,” said Christophe Piochon, president of Bugatti.
This latest example is finished in Quartz White with carbon fiber trim on the bottom and matte grilles. The brake calipers are painted in Light Blue Sport, as is the logo on the rear that refers to the EB110, the iconic Bugatti model that inspired this Centodieci. Inside, the predominant color is also blue, as you can see in the images above.
This block is powered by the same block as the other nine instances. The 8.0-liter W16 with four turbines is capable of developing 1600 hp. In terms of performance, this allows the Centodieci to hit 100 km/h in just 2.4 seconds and reach a top speed of 380 km/h.
Recall that each unit costs the owners eight million euros before taxes.
Read also: We already know when the Bugatti Centodieci fell into the hands of Ronaldo.
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Economy
The first Dacia hybrid. “The cheapest hybrid family on the market”
BUT Dacia revealed this Monday that the hybrid engine has been available since March on the Jogger, the Romanian brand’s model known to be available with a seven-seat variant.
The Jogger Hybrid 140, Dacia’s first hybrid, will hit dealerships in March, but customers can expect and order it as early as January.
The price has been revealed by Dacia and since it’s only available in the seven-seater SL Extreme, it starts at €28,800. The brand claims it is “the most affordable hybrid family car on the market.”
Available in six existing colors to celebrate the launch of this hybrid, there will be a slate gray version, as you can see in the images above.
Equipped with a 1.6 liter four-cylinder petrol engine with 90 hp, the Jogger is also powered by two electric motors (a 50 hp engine and a high-voltage starter-generator). The total power is 140 horsepower. The electric transmission is automatic, four-speed, connected to an internal combustion engine, and two speeds are connected to an electric motor. This combined technology was possible, according to Dacia, only due to the lack of clutch.
Combined with the energy recovery levels of the 1.2kWh (230V) battery pack and the efficiency of the automatic transmission, regenerative braking delivers all-electric traction on 80% of urban journeys and saves up to 40% of fuel compared to a combustion engine vehicle.
Read also: Dual-fuel Dacia Jogger Eco-G. We tried 5 seater and LPG…
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