Annifrid Huhtala has studied law at Uppsala University for almost four and a half years and is used to living with small means. She has taken out a full student loan in the meantime and has an extra job alongside her studies.
– Otherwise it would have been almost impossible to get around as the situation is now, she says.
A little more than a year ago, Annifrid Huhtala began to reflect on finances. She had no money saved then.
– But after I started thinking about my finances and took hold of my planning, a space for saving has suddenly opened up.
“Save small amounts – but more often”
Before the new year, Annifrid Huhtala decided on a “financial cleanse” which she documents on Tiktok. To help her, she has designed a savings calendar that she fills in every day.
– I felt that there was a lack of a forum for younger people who want to learn more about the basics of saving and simple personal finance. So I thought “I can probably film this” and got a great response. There really seems to be an audience for that right now.
But despite the detailed planning, Annifrid Huhtala says that the most important thing is not the sums themselves.
– I was so tired of not knowing where the money went every month, a lunch out here, a coffee there and new clothes for every party. I save mostly to be able to afford things I really want to do. And some people like to put away a large amount every month, for me it works better to save small amounts more often.
Today, she saves between SEK 5,000 and SEK 8,000 each month from her income of approximately SEK 18,000.
– It doesn’t have to be large sums or the same amount every month. The most important thing is to be aware of your consumption and get into the routine of saving.