ireland

I see the concept of mortgage overpayment discussed here a lot so thought I'd put in the result of a recent mortgage lump sum overpayment we did for reference. Original mortgage: 31 years left, with 344k outstanding at 4.1%, monthly repayment 1.63k Overpayment lump sum: €45,000 New...

I stupidly took out an AIB credit card in my early 20s and ran it to its max (€4,800), have gone through a lot in the last few years and have only recently returned to full time employment. I’m currently making about €1000 a month after rent and bills. I got a credit union account recently but...

Hey folks, As the title says I’m looking for a bit of savings or investing advice as there seems to be a lot of conflicting stuff between what I hear from friends, TikTok, etc. To give a bit of background I’m 25 living in Dublin and currently renting with my girlfriend. We’re splitting a...

Could you show me some savings/investing method and what will I earn in 5 years time if I kept at it? Assume I'm ready to invest broo xD can't answer a question with "save up". Assume I've got no debts and I've got a lotta savings bulk and pension. I've got expenditure covered and some personal...

I've done some research on this subreddit and outside (revenue), and I still don't fully understand how taxation would work on day trading. Let's say in a single day I made this trades: STOCK BUY SELL P/L A 100 85 -15 B 100 112 12 C 200 230 30 A 300 310 10 B 100 80 -20 B 500 485...

Hi folks, Not great at working these things out, but looking for some potential clarification on this. I joined my companies healthcare policy via Irish Life earlier this year after seeing it was a good deal. However, after going over my last few payslips every two weeks I have a H&D BiK of...

Hello guys, Found out last week I’m gonna become a dad. I’m thrilled and super happy, but after a week of positivity, I need to take care of some things. I’m 25 my wife to be is 24. My take home is €2600 a month (this is base pay, I’m a Sales Manager, and I do get good commission, but some...

Hello all Looking for second opinions on what to do with my investment pot. Financial planner advises to leave it where it is and continue to gain compound interest.. I’ve been putting money away into S&P500 ETFs since I turned 18, I’m on a relatively high salary and my rent etc is quite low...

I just switched from trading212 to Degiro. As I was setting it up I filled out a W-8ben form. I don’t think i ever filled this out for trading 212. Now that I have one done for degiro, does this cover me over all platforms? Secondly, i was a little confused on what the W8-BEN actually is. I...

I (35) am just about to close on my first apartment and I will be living in it alone. It's a 3 bed (two doubles and a box room) in an area that is popular with tourists pretty much all year round. I can just about afford to pay my mortgage out off my salary but it would be nice to have another...

I had an old pension with Aviva that I contributed 4k to years ago. I enquired about it recently and to my surprise it was worth 10k. The lady n the phone said it had really bounced back in recent years. I can transfer this amount to my current pension with Zurich. I've been told I can do this...

Anyone know of a calculator that works to give a figure of all taxes due on a car bought in the U.K.? It’s very difficult to discern if importing a car from England represents value for money

Good morning Irishpersonalfinance, Am I making too many AVCs? Context: My employer has mandatory pension scheme after 6 months, I joined and had 1st payslip today. I am 27-years old and thus fall into

Hey everyone, My wife and I have been delving into the best possible Dollar-Cost Averaging (DCA) investment strategy for our 6-year-old son, using the €3,000 a year tax-free gift allowance we each can make to him. We've compared two investment options in Ireland over a 30-year period, starting...

I’m looking to make an AVC lump sum to my pension for 2022 to maximise tax relief. However, I received a salary increase in April 2022. In order to calculate my max contribution (20% threshold), do I calculate it as: A) (Jan - Mar Salary x 20%) + (Apr-Dec Salary x 20%) B) Or am I entitled to...

Here is my Q. 2.4k OD @ 11.85% 8k @ 13.8% Personal Loan -2.5K @ 8.650% (about a year left) All with AIB Currently about 14k in Debt. Have 8k in Credit Card debit, 2.4k Overdraft and 2.5k on a personal Loan. What's the best way to restructure this into one payment? Would I be...

Hi all, Just wondering if anyone here has any good suggestions for filing the personal tax return for last year? What are some credits that the average bear should be availing of but might not be? My two are; 1) You can claim 20% back on most medical expenses. 2) if you work from home, you...

Hi all Im just beginning to educate myself on investing and I was curious as to what would ye use.Ive seen that banks have investment accounts, companies like zurich or sites like degiro or trade212? Do ye invest lump sums or as ye earn?

Hi everyone, Basically as the title says, I am a 23 year old and I am not sure what to do in order to make the most out of my money. I have followed the stickied flow chart and have gotten to the end of it. I have paid off of all my debts and am starting to invest a little bit. These are my...

People who have used the rent a room scheme to pay their mortgage - how have you found the experience as a whole? At a glance seems like one of the best ways to supercharge mortgage repayments if you’re happy to live with someone .. Eg a €1500 a month mortgage repayment in Dublin is...