Age: 31
Spouse’s/Partner's age: 31
Annual gross income from employment or profession: €67,500 & possible commissin of same
Annual gross income spouse: - Currently minding house & children
Type of employment: IT Sales
Expenditure pattern: We break even pretty much each month after some savings
Rough estimate of value of home: €270,000
Mortgage on home: €160,000
Mortgage provider: IIB
Type of mortgage: Tracker
Other borrowings – car loans - Balance: €6000, CU: €1200
Do you pay off your full credit card balance each month? No
If not, what is the balance on your credit card? €3,500
Savings and investments: not much currently. Couple of grand in CU
Also save €100 per month each for the kids in CU
Do you have a pension scheme? yes with AVCs on top
Do you own any investment or other property? no
Ages of children: both 3
Life insurance: yes
What specific question do you have or what issues are of concern to you?
I would like to try and get my finances in order so that I can start to save money each month and possibly look at other investment options. I know I need to clear CC and car loans fast. I have share options with my company which at the moment will only net me about 5k but this could possibly wipe my CU and CC loans. Need to start saving more for rainy days etc.
Worth pointing out that we have a good life - at least 2 foreign hols per year with family and myself and wife go away abroad for a weekend in March also so not scrimping by any means.
Spouse’s/Partner's age: 31
Annual gross income from employment or profession: €67,500 & possible commissin of same
Annual gross income spouse: - Currently minding house & children
Type of employment: IT Sales
Expenditure pattern: We break even pretty much each month after some savings
Rough estimate of value of home: €270,000
Mortgage on home: €160,000
Mortgage provider: IIB
Type of mortgage: Tracker
Other borrowings – car loans - Balance: €6000, CU: €1200
Do you pay off your full credit card balance each month? No
If not, what is the balance on your credit card? €3,500
Savings and investments: not much currently. Couple of grand in CU
Also save €100 per month each for the kids in CU
Do you have a pension scheme? yes with AVCs on top
Do you own any investment or other property? no
Ages of children: both 3
Life insurance: yes
What specific question do you have or what issues are of concern to you?
I would like to try and get my finances in order so that I can start to save money each month and possibly look at other investment options. I know I need to clear CC and car loans fast. I have share options with my company which at the moment will only net me about 5k but this could possibly wipe my CU and CC loans. Need to start saving more for rainy days etc.
Worth pointing out that we have a good life - at least 2 foreign hols per year with family and myself and wife go away abroad for a weekend in March also so not scrimping by any means.