My son has a few loans and is finding it difficult to make ends meets. What should I do to try help him without spoiling him further? If your children are struggling, it’s natural to want to help them. But rather than throw money at the problem, what other things can you do to help
“I earn good money but never seems to have enough. Do you have any tops to help me get my spending in order?” Thanks for your question. The obvious answer is to get advice from a Financial Broker but in the meantime, here are a few suggestions of things to avoid. 1) Spend now,
“I’m going to remortgage so I can reduce my outgoings. Is there anything I should be aware of?” Switching mortgage can save you thousands and/or cut years off your mortgage term, but the temptation is there to spread the cost over extra years. Try to avoid paying off your mortgage in old age where possible
I’m due to move in with my boyfriend next month and I’m worried as he does not value money as much as I do. What can I do to make things as easy as possible? Moving in with a partner: Money issues can mean stress for your relationship, so it’s important you agree how to manage your
Should I start or restart a pension?9 reasons pensions make sense The earlier you start paying into a pension the more time it has to grow tax free. The tax incentives are the main benefit, which of course depends on your marginal rate of tax that you pay. You can start off small and increase it
I heard interest rates are to rise this year and I’m worried about the increase costs now and in the years ahead. How can I cut my mortgage costs? This year, many of us will be thinking about ways to cut our regular outgoings. And for many, there’s no larger monthly bill than our
Q: I’m thinking of taking out a pension to save on tax and prepare for my retirement, but I hear that there is a new compulsory scheme coming soon. Should I wait? A proposed auto-enrolment retirement savings system could be introduced in Ireland within the next 18 months. The objective of this scheme is to
Why We Need Financial Education In Schools Today’s generation of school-leavers face arguably the worst set of economic circumstances if any generation. While we have seen unemployment as a whole fall over the last few months, the number of unemployed 16-24yr olds remains high. Those young people lucky enough to be in employment are facing
Q. I hear and see ads for Life Insurance all the time but don’t know how much cover I need or if I need any at all. Where should I start? – First you need to decide whether you really need life insurance then you need to find the right type. Once you get this
Q. My child is starting college in a few years and I am worried about the costs. How much do I need and what are my options? College costs are rising, so you should consider starting to save now. The cost of putting a child through college is increasing. If you have young children,