<prompt> Human: Dear personal finance. Im a 24 year old Norwegian student and part-time worker. For the past year my girlfriend and I have been saving money to travel the world for 7 months. Our plan is to leave in 1 year. Our target is 100 000 NOK each.As oil production is the cornerstone of the norwegian economy the drop in oil prices have so far taken its toll, and future prospets are uncertain. Unemployment is rising, spending is decreasing and the norwegian currency NOK is losing value rapidly. In the last year the NOK value has fallen comparatively to the Euro from 8.4 NOK per Euro to 9.3 now. Similarly a year ago 1 USD was 6.8 NOK and is now 8.6.To put this into context the economic crisis in 2008 had a limited direct effect on the Norwegian economy, due to our income from oil exports, and a fair amount of public spending taken from our government pension fund. However in order to encourage exports of other goods to Europe, to maintain production and keep unemployment in check, the key interest rate has been kept at an all time low since 2008. This has resulted in a booming economy with massive personal debt and skyrocketing housing prices. Our economy is at this moment not well equipped to handle a national unemployment crisis. Considering the current economy, the high personal debt, and an already all time low key rate. Combined with the current refugee situation and the need for public spending this requires. There is, in my unskilled opinion, a fair to good chance that the inflation will keep rising.This is starting to make me nervous that the value of our 2 years worth of savings will be far less than what we will need for our trip. Therefore my question to you personal finance is this: How can I prevent the value of my savings from diminishing over the next year. Are there investements that can be safely made for as short a term as 1 year? Should I keep my savings in a different currency? if so which? or is the safest move to stick it out?Any insights or opinions will be much appreciated.  <response>: The Norwegian Central bank has an inflation target of 2.5. They have had problems keeping it that high. There is nothing indicating that inflation should run out if control, that Bank even project further problems with keeping it up even with interest rates at close to zero.Here is their current projection: Not very scary.You could start buying some foreign currencies, but it is risky: one single bomb going off in Saudi Arabia indicating civil war spreading, could bring oil prices and Norwegian currency back up over night. These things can never be predicted. 