Age: 32
Spouse’s/Partner's age: 31
Annual gross income from employment or profession: 0
Annual gross income of spouse: 81K + 5K bonus
Monthly take-home pay
4165(monthly)+2300(yearly bonus)+260(child benefit monthly) (this is for 2014)
Type of employment: privte sector
(b) saving 20K in 2013, plan to save between 25-28K in 2014
Rough estimate of value of home: 250-300K
Amount outstanding on your mortgage: 0
What interest rate are you paying? 0
Other borrowings – car loans/personal loans: No
Do you pay off your full credit card balance each month?
If not, what is the balance on your credit card?
No credit card
Savings and investments: 100K in Ptsb but budget to spend 30K in next 6 months to finish our new house.
Do you have a pension scheme?
5% yearly pay, company matches 5% with Irish Life.
Do you own any investment or other property?
No
Ages of children: 4 & 2
Life insurance: company pay 340/m we get taxed on it.
What specific question do you have or what issues are of concern to you?
We want to save for our kids furture education, travelling, weddings(dont laugh), how to manage our money to reduce the devaluation?
1. I have put 25k in 1 year deposit with Ptsb.
2. I have 18k in regular saving account with Ptsb.(1k/m)
3. the 32k in instand access.
4. 30k will be mature by end of may (made 1500 interest first in 2012 at that time before DIRT rise.)
5. I invested 2k in stock and I lost it all due to poor management and very little knowledge on stock shares.
6. Shall we invest on property?
Spouse’s/Partner's age: 31
Annual gross income from employment or profession: 0
Annual gross income of spouse: 81K + 5K bonus
Monthly take-home pay
4165(monthly)+2300(yearly bonus)+260(child benefit monthly) (this is for 2014)
Type of employment: privte sector
(b) saving 20K in 2013, plan to save between 25-28K in 2014
Rough estimate of value of home: 250-300K
Amount outstanding on your mortgage: 0
What interest rate are you paying? 0
Other borrowings – car loans/personal loans: No
Do you pay off your full credit card balance each month?
If not, what is the balance on your credit card?
No credit card
Savings and investments: 100K in Ptsb but budget to spend 30K in next 6 months to finish our new house.
Do you have a pension scheme?
5% yearly pay, company matches 5% with Irish Life.
Do you own any investment or other property?
No
Ages of children: 4 & 2
Life insurance: company pay 340/m we get taxed on it.
What specific question do you have or what issues are of concern to you?
We want to save for our kids furture education, travelling, weddings(dont laugh), how to manage our money to reduce the devaluation?
1. I have put 25k in 1 year deposit with Ptsb.
2. I have 18k in regular saving account with Ptsb.(1k/m)
3. the 32k in instand access.
4. 30k will be mature by end of may (made 1500 interest first in 2012 at that time before DIRT rise.)
5. I invested 2k in stock and I lost it all due to poor management and very little knowledge on stock shares.
6. Shall we invest on property?