Glossary · Chapter 8: The labour market and personal finances
privatekonomi
Swedish word. In English: personal finances
A person's or a family's income and expenses.
Facts about the word
- Personal finances are about people's private income and expenses. Expenses are costs for things such as housing, food and clothes. Sverige i fokus s. 29
- People can save money in bank accounts, in funds or in shares. Sverige i fokus s. 29
- House prices have risen sharply in many parts of Sweden, so mortgages are often a large part of personal finances. Sverige i fokus s. 29
Page references are to UHR's study material Sverige i fokus.
Try the word in a sentence
Only one of the sentences uses the word correctly. Which one?
Personal finances are a person's or family's own income and expenses, not the state's money and not where you shop.
The word belongs to Chapter 8: The labour market and personal finances in Sverige i fokus, with the full context and practice questions.