• Sweden edition
 
Ten ways to save money in Sweden

Ten ways to save money in Sweden

Published: 02 Dec 2008 15:18 GMT+01:00
Updated: 02 Dec 2008 15:18 GMT+01:00

It has probably not escaped your attention that the world is not doing so great financially. And it probably comes as no surprise that you also happen to be living in one of the world's most expensive countries. There are many perks to living in Sweden but cheap living is certainly not one of them.

Of course, some of the naughty among us save money by eschewing travelling expenses through plankning, a Swedish word for the act of dodging your travel fare by jumping over the turnstiles in the underground, and other questionable exploits. But what about the rest of us law-abiding citizens? Here are 10 legitimate ways to keep more kronor safely in your pocket.

1. Good restaurants, good prices

Eating out in Sweden can be rather pricey, especially when you consider that a main course usually goes for more than 200 kronor.

The ingenious people at Eat Sweden have put together two books, one each for Stockholm and Gothenburg, which offer diners two-for-one main courses. Ideally for two people, each book offers 12 restaurants and costs 285 kronor, but it basically pays for itself the first time you use it. Using it at all 12 restaurants racks up a saving of a couple of thousand kronor. The books are available from DesignTorget and are valid until 31 December, 2009.

2. Half-priced dates with Daniel Craig

…or Angelina Jolie. The SF Rabattkort gives you the chance to see four films for half price and is valid Monday-Thursday for three months from the first visit. Perfect because you get to see the films without having your seat kicked by the snotty kids who tend to frequent cinemas at the weekend like they are social clubs. The card costs 60 kronor and can be purchased nationwide from SF Bio and Svenska Bio.

3. Free furniture

It's hard to believe that you get anything for free these days but this is exactly what you will find at Freecycle.org. Based on the concept that one man's junk is another man's treasure, unwanted goods are listed on the online community and are eagerly snapped up by those willing to give them a loving home. Membership to the Freecycle community is absolutely free, but this group needs givers as well as takers so even if you don't need a kitchen table, join and give away that mirror that has been collecting dust in your attic since 1998. If you can't find what you are after on Freecycle then blocket.se is a wonderful source of affordable goods, mostly secondhand but lots of brand new items as well.

4. The sweet sound of music

Peer-to-peer music sharing can be legally precarious but now there is a 100% lawful solution with Spotify, a downloadable program that gives you access to an extensive library of music without the bothersome buffering delay. Spotify is free with a friend's invite so do ask around, you'll be surprised the number of people who are already members.

5. Every little percentage point helps

Don't feel shy about negotiating mortgage rates with your bank. Two-year fixed-rate mortgages currently costs roughly 4.6% and a 0.2% discount would represent a 30,000 kronor saving per year on a mortgage of 1,500,000 kronor. Factors that influence the discounts banks offer include the size of your mortgage, whether you have other accounts with the same bank and whether your salary is paid into one of their accounts. If you are loyal to a particular bank and have all your money in one place as most people do then highlight this in your negotiation, and if not then offer to move your accounts for a better rate.

6. It pays to be clued up on taxes

The world markets are all over the place and many people have made bad investments this year. It might be worth selling off your underperforming funds and shares and to offset your losses against the interest you have paid on your savings account. Also, don't forget that 30% of the interest on your loan and mortgage is tax deductible. Taxes may be boring but not knowing about the benefits could mean losing out on thousands of kronor of savings a year.

7. On yer bike

Save money on a travel card and gym membership by getting on your bike. Sweden is a bike-friendly country with clearly-marked cycle lanes in the towns and cities so it is safe, good for your health and is also environmentally friendly. You can pick up affordable bikes at police auctions where you can find confiscated goods and unclaimed lost property going for as little as 50 kronor. The popular auction at Bålsta Auktionshall (balstaauktionshall.com) is one such example.

8. Food, glorious food

Supermarkets have different promotions every week and it is difficult to keep track of what is on offer where. Matvarupriser.se is an amazingly useful site that compares the cost of a typical shopping trip at different supermarkets in Stockholm, Gothenburg and Malmö. The price difference between the most and least expensive supermarkets is usually more than 50% for Stockholm and around 20-25 % for Göteborg and Malmö.

9. Be first to get the news

Ever wonder how some of your smug friends seem to always know about the best deals? Chances are that they receive all the news about special offers first, direct from the company. Yes, this is that pesky little box that asks you to tick if you want to receive promotional information from the company in question. Don't be too hasty to ignore it. An email from Ryanair about the one kronor all-inclusive offer could save you hundreds, and shops, trains and planes all run promotions all year round. Don't go out searching for the best deals, let them come to you.

10. Talk for less

Skype is a free online service that lets you make free calls from your computer to other Skype users anywhere in the world. You can also purchase Skype credit so that you can make cheap calls to landlines and mobiles. For example, if you are calling an Australian landline, this would cost 0.164 kronor per minute with Skype's Pay As You Go compared to 2.99 kronor per minute with Tele2's fixed line rate, which is 18 times more expensive.

If all else fails, you could always leave Sweden.

Thanh Dinh (news@thelocal.se)

Don't miss...X
Left Right
Today's headlines
Swimrun
Record win at Sweden's tough island race
Photo: Jakob Edholm/ÖTILLÖ14

Record win at Sweden's tough island race

Two Swedes crushed last year's course record at the Swimrun world championship in Stockholm's archipelago on Monday. READ  

Sweden reveals Academy Award submission
Swedish director Ruben Östlund on set. Photo. TT

Sweden reveals Academy Award submission

The movie set to represent Sweden at the 2015 Academy Awards was revealed on Monday, a film that has already won awards abroad. READ  

Amphetamines
Hidden forest drug stash leads to prosecution

Hidden forest drug stash leads to prosecution

A 53-year-old man has been prosecuted after police in western Sweden made one of their largest drug seizures in the area. READ  

Man shot dead in hunting accident
Photo: Hunter Desportes/Flickr

Man shot dead in hunting accident

UPDATED: Police in northern Sweden say a man was killed on Monday morning after what they described as a "hunting accident". READ  

Pirate Bay Swede's trial set for final stage

Pirate Bay Swede's trial set for final stage

The mother of Swedish Pirate Bay co-founder Gottfrid Svartholm Warg has told The Local about her son's "suffering" in jail ahead of the final stages of his trial. READ  

Suspected Ebola case ruled out in Sweden
Photo: Fredrik Sandberg/TT

Suspected Ebola case ruled out in Sweden

UPDATED: Officials at a Stockholm hospital reported that they had found a suspected case of the Ebola virus on Sunday night. But the case was dismissed on Monday. READ  

Murderer on the loose after breakout

Murderer on the loose after breakout

A 34-year-old man who killed a child is on the run after he broke out of a psychiatric ward in central Sweden. READ  

Skåne floods
Huge clear up underway after Skåne floods
A Malmö bus under water. Photo: Stig Åke Jönsson/TT

Huge clear up underway after Skåne floods

Flood waters subsided in the southern Sweden region of Skåne on Monday, after flash flooding saw chaos on roads and trains at the weekend. READ  

Elections 2014
Sweden's Alliance reveals full manifesto
Photo: Henrik Montgomery/TT

Sweden's Alliance reveals full manifesto

UPDATED: Leaders of the Moderate Party, the Centre Party, the Liberal Party and the Christian Democrats have announced their complete list of election promises in Stockholm's Nacka. READ  

Zlatan scores hat trick in PSG thrashing
Photo: AP

Zlatan scores hat trick in PSG thrashing

Champions Paris Saint-Germain thumped Saint-Etienne 5-0 as Bordeaux saw their 100 percent record at the start of the Ligue 1 season ended on Sunday with a 1-1 draw against Bastia. READ  

RECEIVE OUR NEWSLETTER AND ALERTS
Tech
Sweden's highest peak to lose title next year
Politics
How immigration became a key election issue
Society
Brit's life in Sweden becomes BBC radio show
Gallery
People-watching August 27
Gallery
Top ten false friends in Swedish
Blog updates

25 August

Hit och dit, här och där (The Swedish Teacher) »

" Hej igen! A common challenge for Swedish language students are the location adverbs hit/här, dit/där, hem/hemma etc. Some of the location adverbs come in two versions. We should use one type of location adverb when we use a verb describes where we are, and we should use the other type of location adverb when we the verb..." READ »

 

25 August

The Dollar Store (Blogweiser) »

"A dollar store in Sweden. Blog post: http://t.co/tNuuvcP1q0 #USD #greenbacks #sweden #sverige pic.twitter.com/RHFAYf7U1k — Joel Sherwood (@joeldsherwood) August 23, 2014 There’s a chain here in Sweden called The DollarStore. This name always stood out to me in a country where they don’t use dollars. I went there for the first time this weekend. They actually accepted greenbacks..." READ »

 
 
 
National
Roma advocate scoops Wallenberg prize
Society
Meet the man who made a Swedish store recall its high heels for kids
Business & Money
'How I came to run my own business in Sweden'
Politics
Expert explains why Sweden's election oozes uncertainty
National
City plays Schindler's List theme at Nazi rally
Society
For Stockholm Fashion Week, here's the A-Z of Swedish fashion
National
'Amnesiac' man avoids deportation for ten years
Gallery
Princess Estelle through the years
Business & Money
Swedish city all set for six-hour workday trial
Business & Money
Five golden rules for the Swedish job hunt
Sponsored Article
Graduates: Insure your income in Sweden with AEA
Gallery
People-watching August 22-24
National
Armed royal guards caught (very) drunk on the job
National
Sweden orders textbook on Roma discrimination
Gallery
Violent anti-Nazi demonstrations in Malmö
Society
A closer look at Sweden's five official minority languages
Gallery
See the destruction from the southern Sweden floods
Politics
'Sweden Democrats hold the key to elections'
Society
Swedes celebrate first day of smelly fish season
Sponsored Article
Find out what gives this Swedish school executive appeal
Sponsored Article
Introducing...Your finances in Stockholm
Sponsored Article
Introducing...Housing in Stockholm
Latest news from The Local in Austria

More news from Austria at thelocal.at

Latest news from The Local in Switzerland

More news from Switzerland at thelocal.ch

Latest news from The Local in Germany

More news from Germany at thelocal.de

Latest news from The Local in Denmark

More news from Denmark at thelocal.dk

Latest news from The Local in Spain

More news from Spain at thelocal.es

Latest news from The Local in France

More news from France at thelocal.fr

Latest news from The Local in Italy

More news from Italy at thelocal.it

Latest news from The Local in Norway

More news from Norway at thelocal.no

754
jobs available
Swedish Down Town Consulting & Productions
Swedish Down Town Consulting & Productions is an innovative business company which provides valuable assistance with the Swedish Authorities, Swedish language practice and general communications. Call 073-100 47 81 or visit:
www.swedishdowntown.com
PSD Media
PSD Media is marketing company that offers innovative solutions for online retailers. We provide modern solutions that help increase traffic and raise conversion. Visit our site at:
http://psdmedia.se