Danes getting better at managing their money

Young people, in particular, say they have gained more control of their personal finances

Lucie Rychla

Jan 18, 2016

More Danes were better at managing their personal finances in 2015 than the year before, according to a survey carried out by TNS Gallup for Nordea Bank.

Some 74 percent of Danes aged 55-65 said they had their finances under control as opposed to 63 percent in 2014.

Younger Danes – in the 18-25 age bracket in particular – claimed to be good with their money.

In 2015, some 71 percent of young Danes said they managed their finances well, compared to 49 percent in 2014.

However, some 22 percent admitted they spend their salary before the end of the month, and some 11 percent have received one or more debt collection letters in the past six months.

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Danes getting better at managing their money

New US Arctic security strategy co-opts Denmark as Russia deterrent

Anti-whaling activist and Greenpeace co-founder Paul Watson arrested in Greenland

Migratory birds bring dangerous ticks to Denmark

Planes grounded in CPH as worldwide IT outage hits airlines, media and banks

CrowdStrike director: IT outage issue “has been identifed”

Foreign labour contributes DKK 76 billion to Danish economy in three months

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