Finns struggle with summer vacation debt, some repaying until 2025

A new survey by Bluestep Bank reveals that while most Finns stuck to their summer budgets in 2024, many are feeling the financial strain of their vacations. One in five Finns who took on debt to fund their summer holidays will still be paying it off well into 2025, according to the survey conducted by IRO Research.

The study found that 33% of respondents didn’t spend more than usual during their summer break, while nearly half (48%) used savings to cover holiday expenses.