Age: 53
Spouse’s/Partner's age: 47
Annual gross income from employment or profession: 69,340 euro
Annual gross income of spouse: 3,000 euro
Monthly take-home pay 3,322 euro
Type of employment: Public Service
In general are you: (a)
(a) spending more than you earn, or
(b) saving?
Rough estimate of value of home – 240,000 euro
Amount outstanding on your mortgage: 115,000 euro
What interest rate are you paying? Variable/tracker rate.
Other borrowings – car loans/personal loans etc - No
Do you pay off your full credit card balance each month? No
If not, what is the balance on your credit card? 1,900 euro
Savings and investments: Not a lot.
Do you have a pension scheme? Yes – work superannuation scheme.
Do you own any investment or other property? No
Ages of children: 19, 17 & 11.
Life insurance: Yes
What specific question do you have or what issues are of concern to you?
Gross annual income – almost 70k. Take home pay/fortnight – 1650 euro. Is this correct? From reading other posts it seems that some earn less and take home more!? What am I doing wrong?
Spouse’s/Partner's age: 47
Annual gross income from employment or profession: 69,340 euro
Annual gross income of spouse: 3,000 euro
Monthly take-home pay 3,322 euro
Type of employment: Public Service
In general are you: (a)
(a) spending more than you earn, or
(b) saving?
Rough estimate of value of home – 240,000 euro
Amount outstanding on your mortgage: 115,000 euro
What interest rate are you paying? Variable/tracker rate.
Other borrowings – car loans/personal loans etc - No
Do you pay off your full credit card balance each month? No
If not, what is the balance on your credit card? 1,900 euro
Savings and investments: Not a lot.
Do you have a pension scheme? Yes – work superannuation scheme.
Do you own any investment or other property? No
Ages of children: 19, 17 & 11.
Life insurance: Yes
What specific question do you have or what issues are of concern to you?
Gross annual income – almost 70k. Take home pay/fortnight – 1650 euro. Is this correct? From reading other posts it seems that some earn less and take home more!? What am I doing wrong?