Taken from our regular appearances on TV3’s ‘The Morning Show’
I give advice to couples regularly, those couples can be married, same sex, co-habiting or otherwise, but the common thread is that they are together and plan to stay together, and they want to make financial plans with common future for themselves. The issue can be that they are not married, in Ireland as many as one in ten people are co-habiting, which takes in people who are engaged but not married, couples who live together straight and gay alike who are not married, and separated people who form new relationships but are not yet divorced. While their love may be true, their treatment in the system is not the same as married people, it can also mean a lack of rights to the property of the other person, something which is legislated for if you are married or in a civil partnership.
In this piece we spoke with Alan and Aisling about insurance, the different types, what is appropriate and at what level. This is normally a dull topic, but it is hugely relevant to peoples personal finances and for that reason it was great to have a chance to put some popular myths to bed about different types of insurance and what is and isn’t useful or helpful.
We were really pleased to be back in the studio with Sybil & Martin to talk about health and life insurance, in particular some of the peculiarities of both; for instance – did you know that men are covered for pregnancy in Irish health insurance contracts?
Ask anybody ‘what would you do with some extra money?’ and you’ll get a lot of different answers, but this week it is your turn to decide. Because over the last three weeks we have shown you how to take a snapshot of your financial situation then how to use that as a blueprint in finding ways to save money. Without too much effort an average savings of €2,000 is possible simply by re-jigging some of your spending patterns, so where to from there? In finance there is a hierarchy that advisors tend to adhere to and in rank and order it is as follows: Protection, Investment, Savings, Retirement planning and Mortgages.
Also filed in Accountancy, Accountant, Advisors.ie In the Press, Financial Advice, Gold and Silver, Investment, Mortgages, News of the World, Pensions, Precious Metals, Savings
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Tagged building a financial portfolio, financial advice, personal finance, portfolio
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Thursday, February 10, 2011
We did a piece about life assurance for the Irish News of the World on the 30th of January.
The main thrust of the piece was to impress upon readers that life assurance is either not important, or very important indeed depending on your circumstances and family life. The other question is about how much you need – for that we advise using a professional who can work this out for you, we also disclosed how to get the ‘under the table’ prices by using a broker.
Also filed in Accountancy, Advisors.ie In the Press, News of the World
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Tagged accountancy, accountants dublin, advisers.ie, advisors.ie, irish accountants, life cover, life insurance, news of the world, notw, seamus carrick, tax returns
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