New survey shows a strong correlation between feeling in control of your money and being more positive. As a bank, we support you with tools, share expertise, and provide advice.
Having control over one's finances makes us less worried, regardless of income. This correlation is significant in our Nordic survey, Nordic Pulse. With some minor differences the result is clear in all Nordic countries and show overall that financial knowledge and the perception of having control over one's finances are strongly linked to being more positive about one’s future. The sense of control also determines the extent to which one cares about societal issues, such as sustainability. Furthermore, it turns out that the ability to set clear goals with one's finances and the ability to save for a buffer are two aspects of financial control that are associated with reduced worry.
All in all, feeling in control of one's expenses and income, feeling that one can make good financial decisions for oneself, is positive in several ways.