– We try to cut consumption where we can, but with two children it is quite difficult. It’s not like everything can be cut out either, says Katinka Grebstad Remøy. She and her husband Tor Erik Nerland live in a renovation project in Ålesund together with two children aged one and three. Due to price jumps in food, more expensive fuel, increased electricity prices and higher interest rates, the family economy is strained. – We have a diesel car and an electric car, and now we almost exclusively use the electric car. We use less current, and try to cut in the area we can, says Nerland. More expenses this year than last Independently of each other, the Consumer Council and Storebrand, commissioned by news, have calculated how much more a family of four will have to spend this year compared to last year. Average of the calculations from the Consumer Council and Storbrand which show how much more expenses a family of four has to spend this year compared to last year. Andrè Børke/news Tala shows that families with two children under 17 get around NOK 45,000 more in expenses this year . That is an increase of 20 percent. – This price increase is for essential goods, so everyone will notice the price increase, says Jorge Jensen, specialist director of the Consumer Council. According to Jensen, a normal household with a loan will notice that the interest rate on the home loan will rise, especially after Norway’s Bank set the key interest rate today, which now stands at 2.25 per cent. Cecilie Tvetenstrand, consumer economist at Storebrand, agrees. – It is clear that these increased expenses are a shock for most people, but especially for those with large home loans. The calculation from Storbrand and the Consumer Council The average of the calculation from Storebrand and the Consumer Council shows that from last year to this year increased: Fuel expenses by NOK 4,423 Electricity expenses after electricity subsidy by NOK 4,740 Food costs by NOK 14,838 And interest expenses for a home loan of around NOK 3 million increase by NOK 21,077 . In total, a family of four gets around NOK 45,000 more in expenses this year than last year. That is an increase of 20 percent. The figure is based on: Fuel: Petrol 95 for a car that drives 11,300 km a year with consumption of 0.69 liters per mile. Source: Statistics Norway. Power: 16,000 KwT, Net cost and power support for 2022 are included. There was no electricity support in 2021. The food costs: Spendig is taken from the Sifo budget, while the price increase is taken from Statistics Norway. Calculate for a 2+2 family, where the children are under 17 years of age. Interest expenses: Have used both Statistics Norway and Finansportalen.no. Finansportalen.no gives the prices in real time last night, not including future interest rate increases. – We’ll take what’s on offer – We’ve already noticed an interest rate increase on the housing loan, and that it’s already starting to tighten a bit, says Katinka Grebstad Remøy. One place the family in Ålesund tries to save money is at the grocery store. Katinka Grebstad Remøy picks out the cheapest bread in the shop to save money. Jonas Otneim/news – We take what’s on offer, says Remøy and bends down to take the bread that has a red ring around the price tag. The family writes shopping lists and uses an app that shows the food offers that the various stores have. – We try to make it as cheap as possible. It’s a bit boring sometimes, you’d rather go and pick what you want, says Remøy. The family has one hope for the future, and that is that the interest rate will go down again. – We very much hope that it will go down so that we can live as we did before, without boundaries, says Tor Erik Nerland. How can you save? According to Tvetenstrand in Storebrand and Jensen in the Consumer Council, the trickiest place to save money is to check the big expenses. – This is typically a home loan, money that goes to food, and costs related to the car, says Jensen and adds: – Check if you can get better terms on the contracts you have with the bank and insurance, then you can come out of this better. . Economic commentator in news Cecilie Langum Becker comes with tips on how to cope with the high prices. Tvetenstrand also says it may be a good idea to check account statements and negotiate agreements on mobile and electricity. – Get rid of the habits you have acquired that you can no longer afford, she says.
ttn-69
How much more expensive it has become for the average family – news Møre og Romsdal – Local news, TV and radio
