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’m finding it really hard to keep up with these price hikes and am cancelling unnecessary expenditure. As I don’t have any dependents, I’m thinking of cancelling my mortgage protection as it is very expensive. Is this a good idea?” Mortgage Protection (MP) is a life insurance policy that helps repay the outstanding balance left
“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
I’m hearing lots of things about Inflation, Market turbulence and Interest Rate increases and I am getting worried. When should I get financial advice? Most people could probably benefit from seeing a financial adviser, but when are the best times in your life to see one? Immediately? In ten years? Every year? Life events One
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
Q: I’m due my first baby soon and I’m getting excited but I’m worried about my child if something were to happen to me. How do I protect my child and relieve some stress? Firstly, I’d recommend taking a look at Life Insurance (and then talk to a solicitor about a Will) New parents are ignoring
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