A recent survey by Danske Bank has revealed that only one in five Finns trust their own financial situation to a large extent, with financial peace of mind among them at its lowest point since 2018. Compared to other Nordic countries, Finns express more worry about their survival, while concern about financial situations is on the rise in Finland but decreasing in other Nordic countries.
The survey found that students in Finland are particularly struggling with financial peace of mind. While their moods were once similar to the general population, this year, the gap has widened. Responses were collected electronically from around 3,000 people via YouGov’s consumer panels in April.
Danske Bank’s country manager for Finland emphasizes the need for a positive vision of success and clear steps toward achieving it to reverse declining confidence trends. The survey results provide important insights into the financial well-being of Finns and the areas where they might need more support.
One key finding of the survey was that Finnish students are particularly struggling with financial peace of mind. While their moods were once similar to the general population, this year, the gap has widened. The survey also explored how Finns perceive their financial situation and its future, with responses collected electronically from around 3,000 people via YouGov’s consumer panels in April.
Compared to other Nordic countries, Finns express more worry about their survival while concern about financial situations is on the rise in Finland but decreasing in other Nordic countries. However, Finns are less worried about assets and long-term debts compared to their Nordic counterparts due to differences in debt and assets among households.
