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Brazilian here, and one thing I can't understand about our people is how they make magic with money. A person that receives 2000 brl monthly buys 30k cars, high end phones, brand clothing, and some even are able to buy a home with this low budget. Here the price doesn't matter, the financing plan is more important than the price itself. Like apple, they released the iPhone 6 for 3200 brl, but also created a payment plan in 24x months, in which the montlhy payment is around 150 brl and they are now selling more iphones than ever.

Our people doesn't have any financial education, and since the living standard here is so low if you are not starving you are middle class.