Is it too early to mention the C word? That’s right guys, like it or not, the time has come for you to start thinking about Christmas. It’s an expensive time of year but hopefully, we can help you get more bang for your buck after reading this blog. One iconic quote that really resonates with me about Christmas, is from George Best who said ” I spent a lot of money on booze, birds and fast cars. The rest I just squandered. ”
The biggest shopping day before Christmas is fast approaching so you need to be prepared if you want to get the best bargains. Black Friday falls on November 24 this year.
Forget getting up at dawn, or even skipping work this year, the deals are just as good online. The first piece of advice I can give you is to not overstretch yourself financially, just because you think something is a good deal. Disappointment with the small size of giveaways in the Budget has left consumers feeling underwhelmed. This prompted a drop in consumer sentiment last month, new figures show. Consumers are cautious about their household finances but are ready to splurge at this time of year, so we have decided to give you some useful tips to follow on Black Friday.
Are you sick of seeing adverts from the life assurance companies about pensions and wondering is there anything else I can do? Whilst there are very few tax saving schemes available in Ireland, especially for PAYE workers, there are ways we can reduce our tax bill NOT using a pension. The main scheme which is an alternative or compliment to pensions and is not commonly known amongst the general public is called the Employment Investment Incentive Scheme (EIIS for short). It is really the only other game in town for higher Tax rate payers (those earning over the new standard rate threshold of €35k per annum, or if they are married and taking their spouses allowances €45k per year). It is an investment Irish individuals make into an Irish company.
29% of smokers in Ireland currently use e-cigarettes as an aid to quitting smoking. If you’ve been a vaper for over 12 months then you’re classed as a non-smoker according to certain life insurance companies. This means you will pay the same price as a non-smoker.
We all wrestle through periods of time when things get tight and we need to make money fast. It’s an exhausting endeavour to expend extra effort just to see the resulting extra cash fly out the door. But making money doesn’t always mean earning more money, it could be saving cash from other areas in your life. Don’t let financial anxiety paralyze you. Get creative and get those bills paid.
The list below is a Mix and Match Tips on How to Make Money Fast:
If you want to truly know yourself, pay close attention to the way you treat money.
John Armstrong renowned British writer once said: “One’s relationship with money is life long, it colours one’s sense of identity, it shapes one’s attitude towards other people, it connects and splits generations; money is the arena in which greed and generosity are played out, in which wisdom is exercised and fully committed. Freedom, desire, power, status, work, and possession: these huge ideas that rule life are enacted, almost always in and around money.”
As financial advisors we are often asked whether it is worth the cost to hire a financial advisor. I know, very ironic. After all, there is a cost to make you money. People say they can listen to the news to find out where and how to invest, so, “Wouldn’t I be better off just keeping that fee for myself?” That is an excellent question with an answer that depends on many factors. First and foremost is that Alpha Wealth is unique in its practices to a huge proportion of brokers across Ireland. We look at all aspects of financial management and we offer free financial reviews. Yes, you did hear that right. Exiting, right?
We all know that the sooner we start saving for our childrens’ third level education, the more we’ll be able to help them on their way when the big day comes to start college.
Setting up a college fund savings account at this time of year can get pushed aside until it’s all but forgotten.
We all want to give our children the best possible start in life and a good education is a top priority. However, this can be a lot more costly than you might realise.
The cost of putting just one child through school and college can easily run into tens of thousands of euro. If you have two or more children, well.. enough said.
It appears that people are envisioning a Brexit scenario to be much like the post-apocalyptic future of the Terminator movies after judgement day.
In three days time we could wake up to a radically changed world, a different Europe, a different Britain and Ireland caught in between both. One thing we’re all wondering is if in the event that Britain does choose to leave, will it be as apocalyptic as the remain side make it out to be?
In recent weeks the Brexit debate has cranked up and much can be said about Ireland’s significant relationship with Britain. Our economies, history and commerce are closely intertwined. Fears over the ramifications of Britain leaving the EU are causing market turmoil, but what does Brexit mean for you?
However, the main question is not how to deal with it in the next few days, but how to deal with a profoundly different investment and business environment in the wake of a redefined Europe.
We recently had a fantastic afternoon in Zest, Little Island. Many thanks to them for hosting us. It was a magnificent day to celebrate all the hard work and dedication of our local community. Continue reading “Website Launch & Leeside Soccer Club Fundraiser”
How much better off are you? Use this calculator to find out – http://indo.ie/Tmu2g
Significant cuts to the USC, including a 1.5 point cut in the main rate to 5.5 per cent, are the key change delivering increases in take-home pay.
Budget 2016 tax changes will mean gains for taxpayers ranging typically from €500 a year to €1,000, with some running close to €1,500 a year. This means that, overall, the Budget calculations are reasonably straightforward for most taxpayers.
As Alpha Wealth enter into our Third Year and a sign that we are succeeding is one of clients referring people to us when we don’t ask them to, I ponder about whether it is better to be a small fish or a big one?
We are a Financial Services firm with five staff, even though people keep saying, which is a quote I really like, that “I went out on my own (with another fella)”. My team (as far as I’m concerned) are the most driven, focused, hard-working bunch on the planet. They work lots of hours, for reasonable pay but none of the flashy on-site gyms, foosball tables, sleep pods or gaming rooms that some companies offer. They do however, get direct and industry training and experience they would wait for years in other firms. Also they are as close to the real customer environment and definitely don’t get bored with their work. Working for a (relative) start-up isn’t easy but it’s not supposed to be. Continue reading “The Advantages of Being Small”