January, February, and March are some of the dreariest months in Denmark – it’s dark, with no Christmas lights to pep it up – and many people are dealing with a heavy load of year-end debt from travelling, parties, dining out, and gifts.
Along with religion, personal finances (privatøkonomi, which many Danes insist on directly translating to “my private economy”) is a topic that is rarely discussed in Denmark. But the country has one of the highest rates of household debt in the world.
And once you get into debt in Denmark, it can be very difficult to get out.