Income Boost Branson, MO ¦ Payday Personal loans ¦ Concept Lending options ¦ OpenCashAdvance

3.2.2. Household spending structure and indebtedness status is determined by many factors such as the expenditure structure of the household, ie in which goods and services will lead to real income, expectations, habits and traditions. In a stable economy, the benefit of the beneficial expectations of the household related to the future will be encouraging in consumption. Again, the decline in the general level of the prices will be able to increase the expenditure to higher goods and services by creating an increase in the real income of the household. The results of the TURKSTATE HEEK BUDGET SURVEY SURVEY SURVEY OF HEEKEALKES are presented in Table-11. According to the table, the weighted share in spending between 2006-2009 belongs to housing and rent expenditures. Tabo-11: Household Expendions Years 2005 2006 2007 2008 2009 2009 2006 2007 2008 2009% 28.9 27.9 27.1 Clothing, Shoes 6.2 5.9 5.9 5.4 5.1 Housing and Rent 25.9 27.2 28.9 29.1 28.2 Furniture, Home Appliances 6.8 6.2 5.9 5.8 6.2 Health 2.2 2.2 2.4 1.9 1.9 Transportation, Communication 16.9 17.3 15.6 18.5 17.8 Entertainment, Culture 2.5 2.1 2.1 2.5 2.6 Decoration 1.9 2.1 2.5 2.0 1.9 Diner, Hotels 4.4 4.2 4.5 4.4 5.2 Other 4.1 4.0 4.5 4.1 4.0 4.1 4.0 4.1 4.1 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 Source: TURKSTAT .

43 In recent years, the share of expenditures to services, which are higher in the services such as entertainment, culture, restaurants and hotels, while the share of expenditures to services are generally increased, while the share of education expenditures has fallen. The household will need a financing from the outside when it cannot afford their expenditures with their current income and savings. It can also meet the need for financing, as well as various financial institutions. The more greater the need of household financing, the more they will be the more their obligations. The liabilities of the household within the period 2005-2010 are given in Table-12. Table-12: Household Financial Requirements Billion TL 2005 2005 2006 2007 2005 2006 2006 2007 2008 2009 2010 Consumer Loans 29.7 48.0 68.9 85.2 97.4 132.7 Credit Card Debit Balance 7.5 10.7 12.6 14.7 19.1 23.2 Consumer Finance Companies Given $ 1.4 1.7 1.6 1.7 2.9 Individual Financial Leasing – 0.5 0.9 1.0 60.0 84.1 102.0 60.0 84.1 102.5 118.9 159.4 Source: BRSA, Financial Markets Report March 2011. Data in the table in the table with banks, participation banks and consumer loans used by consumer financing companies are used for these loans with delayed receivables, installment credit card debt balances and allocated delayed credits are gross figures including credit card receivables. The credit card debt balance consists of the credit card receivables with an installment credit card debt balance.

Loading to the 44 households’ obligations, it is seen that there are approximately 300% of TL to TL.4 billion from 2005 and 300%. In order to determine if this increase in the liabilities constitute a risk for the household, it is necessary to see the ratio of household obligations to their assets.

Leave a Reply

Your email address will not be published. Required fields are marked *