Inflation can feel scary, but there are things you can do to reduce the impact on your personal finances.
Emma Persson is a private economist at Länsförsäkringar and suggests collaborating.
- Then I think you can move together and share the food expenses, or ride with the neighbor to work.
It's more fun than riding alone, says Emma Persson.
She also suggests making big planned purchases faster than you thought.
- The money decreases in value with the rate of inflation, and in addition, perhaps the price of the product rises, so make the planned purchase as soon as possible.
Shrinkage inflation and negotiations
Shoka Åhrman is a savings economist at SPP Pension and insurance.
She urges to keep an eye out for "shrinkage inflation".
- This means that the contents of the packaging are reduced without the price being reduced.
So watch out for that, she says.
According to Shoka Åhrman, there are opportunities for negotiations on more than just the mortgage rate at the bank.
- It can be about the annual fee on a card, or that you get better discounts on your non-life insurance.
The same applies to the negotiation with the employer.
- If you do not have the opportunity to negotiate a salary increase at the same level, you may be able to get skills development, an extra holiday day or an extra provision for the pension.
What should not be done then? Watch Emma Persson's and Shoka Åhrman's six tips in the video.