EUR and BRL: How couples can manage money across two currencies
A practical guide for couples who think in EUR and BRL, with a simple routine for tracking, reconciliation, and forecasting.
Managing EUR and BRL as a Couple
Living between two currencies is a reality for many couples, especially Brazilians in Portugal. Here's how to make it work.
The Challenge
When you earn in EUR but have expenses in BRL (or vice versa), tracking your finances becomes complex. You need to:
- See your total wealth in both currencies
- Track exchange rates over time
- Plan for expenses in each currency
A Simple System
1. Separate Your Accounts by Currency
Keep EUR accounts for European expenses and BRL accounts for Brazilian expenses. This makes tracking much cleaner.
2. Use a Tool That Understands Both
Most finance apps only handle one currency well. Look for tools that show your totals in EUR and BRL simultaneously.
3. Reconcile Weekly
Compare your expected balance (transactions you've recorded) with your actual bank balance. This catches missed transactions early.
4. Project Your Future Balance
With recurring expenses in two currencies, projection helps you see if you'll have enough in each account next month.
Conclusion
Managing EUR and BRL doesn't have to be complicated. With the right system and tools, you can have full visibility into your finances across both currencies.
Pronto para organizar as suas finanças?
Gira as suas finanças de casal em EUR e BRL com o Dupla.