BJÖRN
BERG.

Indexed savings accounts are meant to help money keep its value, but capital income tax in Iceland is charged on the nominal return. This article explains how tax on indexation can reduce the real return on savings, especially for people saving for a first home.

Being good with money doesn’t mean you should never spend it. This article explains how to find a healthier balance between saving, paying down debt and using money for things that genuinely improve your life.

Buying and running a car can seriously delay young people’s ability to save for a home. This article uses a simple example to show how avoiding car ownership, using public transport and saving the difference can bring a first-home down payment much closer.

Electric cars can have real advantages, but that doesn’t automatically make a car loan a good idea. This article looks at running costs, taxes, depreciation and why car loans can put unnecessary pressure on household finances.

Planning to buy a home in Iceland? This article explains what first-time buyers should consider when saving for a down payment, including mortgage rules, savings options, pension savings and house price growth.

If you started saving for retirement later than others, there may still be a lot you can do. This article explains how to review your pension position, build private pension savings, reduce debt and plan for a more secure financial future in Iceland.