Financial Stress Hits Young Swedes Hard Amid Changing Loan Tax Policies

A November 2025 survey by Novus on behalf of Compricer reveals that young Swedes are among the most stressed about their finances, yet many hesitate to address the issues. While 80% feel comfortable discussing money matters with family or friends and 41% regularly seek their advice, psychological barriers such as anxiety and fear of mistakes cause procrastination in tackling financial problems. Christina Sahlberg, a financial expert at Compricer, notes the importance of encouraging simple conversations and actions, like group sessions called 'ekonomifika,' to empower individuals, particularly youth, to manage their finances better.

In parallel, a significant policy change is looming: the removal of tax deductions for unsecured loans (blancolån), affecting approximately 5.8 million people according to the Swedish Tax Agency. Contrary to common belief, blancolån are not limited to those with poor financial situations but are broadly used by various demographics, as Sahlberg emphasizes. This upcoming 'interest payment shock' underscores the financial pressure many Swedes face, with young people especially vulnerable due to their already high stress levels and tendency to delay financial decisions.

These developments highlight a multifaceted challenge for Sweden’s youth: managing rising financial strains exacerbated by policy changes, alongside overcoming psychological barriers to financial action. Experts stress that leveraging social support networks and small, deliberate financial steps are crucial in mitigating stress and improving economic resilience.