Personal Finance. Why doesn't the money last until the end of the month

Many Portuguese families struggle to make ends meet each month, often blaming inflation for rising costs. However, the real issue may be stagnant incomes failing to keep pace with increasing expenses for essentials like housing and utilities. As a result, families may find themselves in debt, unable to cover their monthly obligations. To address this, families should proactively manage their finances, seeking ways to reduce expenses without sacrificing quality of life. Options include negotiating better rates on loans, consolidating debts, and exploring cheaper service providers. Healthy debt can be beneficial if it allows for significant purchases like a home, but it should not compromise future financial stability.