Top 10 queries financial advisers encounter on a daily basis – part two Welcome back to Part 2 of my series, where I provide information on the top ten most common queries myself and my colleagues encounter as busy financial advisers. Last week I covered Mortgages Protection, Life Assurance and Savings and Investments to name
15 reasons why you’re broke – and how you can fix it step by step By facing up to poor spending habits and setting yourself a budget you’ll find that not only does your money go further but you may even have some left over. 1. You don’t follow a budget Most Irish adults
Business Protection. One of the companies we work with have’ been listening to Irish SMEs in order to better understand their Protection needs and their hopes for the future’ Here are some stats from Aviva Two out of three Irish SMEs claim to rely on a single individual or a small group of individuals to generate
Have you considered the impact your death, the death of a key employee or business partner would have on your business?
As a business owner, you protect your property, your vehicles and equipment. But have you considered what would happen to your business if you died prematurely and the financial impact that it could have on your family and your business? Would your family stay in the business or would they sell it?
Things NOT to do!
Avoid these mistakes if you want to lead a richer life!
1) Spend now, pay later
Don’t throw your money away when you’re young, assuming you’ll be richer when you’re older. People in their 40s and 50s actually have the most financial problems. Enjoy your financial freedom when you’re young, but don’t squander it.
2) Fail to save
Too many people claim they can’t afford to save while blowing their cash on gadgets they don’t need, clothes they never wear and nights out they regret in the morning. Set up a regular savings plan by standing order or direct debit, so you don’t notice the money leave your account. Then have fun with what’s left.
Have you considered the impact your death, the death of a key employee or business partner would have on your business?
Business owners and their families throughout Ireland are facing this issue every day. Some, however, are much better prepared than others.
As a business owner, you protect your property, your vehicles and equipment. But have you considered what would happen to your business if you died prematurely and the financial impact that it could have on your family? Would your family stay in the business or would they sell the business?
You may also need to consider the impact on your business of the death of a key employee or business partner. Would you have the funds available to buy your co-owner’s share of the business from their family? Would the business be able to sustain the financial loss on the death of a key employee?
Dental Insurance to Suit all Ages and Budgets We all want a healthy smile and good oral health but sometimes the costs can really add up. In fact, research shows that 56% of people in Ireland avoid visiting their dentist due to cost (Empathy research, 2013). But avoiding dental treatment can have a long term effect not only on our dental health but also on our general health and wellbeing.
How Dental Insurance Can Help
When you visit your dentist, DeCare Dental’s Healthy Smiles plans provide 100% cover for the cost of your exams, x-rays and cleanings and give great financial protection if you have a dental emergency or need more expensive dental treatment. So you can save money on your dental bills and protect your smile for life.
From Just €135.24*per year get 100% immediate cover for:
Dental Insurance to Suit all Ages and Budgets
We all want a healthy smile and good oral health but sometimes the costs can really add up. In fact, research shows that 56% of people in Ireland avoid visiting their dentist due to cost (Empathy research, 2013). But avoiding dental treatment can have a long term effect not only on our dental health but also on our general health and wellbeing.
How Dental Insurance Can Help
When you visit your dentist, DeCare Dental’s Healthy Smiles plans provide 100% cover for the cost of your exams, x-rays and cleanings and give great financial protection if you have a dental emergency or need more expensive dental treatment. So you can save money on your dental bills and protect your smile for life.
From Just €153.12*per year get 100% immediate cover for:
We don’t need as much life insurance as life insurers would like to sell us! You don’t want to buy insurance you don’t need. Here’s how to figure out whether you need it and how much you need.
To avoid buying life insurance you don’t need, ask yourself a simple question:
If I die, will my family or loved ones miss my income or financial support?
That’s the key question for most of us. If you can’t think of anyone that you care about who depends on you financially or for other support (e.g. in the home), life insurance isn’t for you.
What is Lifetime Community Rating (LCR)?
In Ireland, everybody is charged the same premium for a particular health insurance plan, irrespective of their age, gender and the current or likely future state of their health. This is called community rating.
On the 1st May 2015, the government will introduce Lifetime Community Rating legislation. Under Lifetime Community Rating (LCR), community rating is modified to reflect the age at which a person takes out private health insurance. Late entry loadings are applied to the premiums of those who join the health insurance market at age 35 or over.