2.18.2024

When good turns bad

Sometimes I think of my previous hairdresser, Sara, who only understood during the pandemic how wrong things often get in Sweden, even though the intention from the beginning was good. Grossly simplified, the result is all too often that those who work, save and take responsibility must pay for those who mismanage their finances.

As a hairdresser, Sara was hit hard by Covid-19 even though Sweden did not have a regular lockdown because Swedes are naturally good at keeping their distance. Many refrained from cutting or coloring their hair for many months. For a long time she could hardly work at all and as a self-employed person it is devastating.

Unlike many other young adult colleagues of the same age, Sara has managed her finances. In addition to having saved a buffer, she had also bought a condo a number of years earlier.

The then government led by the Social Democrats with the support of the Green Party and the Left Party's tacit acceptance promised to help Swedish entrepreneurs during the pandemic.

Since Sara did not have a limited company where she was employed but ran the business as a sole proprietorship, she did not receive compensation for salary. In this situation, even her orderly finances became a disadvantage.

Because she had managed her finances and had assets, she received no grants at all but had to use her savings. Which in and of itself is quite right, her colleagues and friends who previously partied and clubbed instead of working hard received grants because they had no assets.

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