Key Post: Money Saving Tips/Advice.

Re: Dodger

Other Tips.

* Elminate short term debt NOW.

* Say no to Payment Protection on Loans.
(ideally say no to loans)

* Don't Borrow long term for short term spending, e.g Putting
your Holiday or Car payments onto your mortgage. Or using
that Gawd Awful Mortgage Cheque Book.

* Don't buy any financial product advertised on TV by a B List
celebrity. E.g. Linda Martin, or any members of the Cast of
Glenroe.

* Don't buy any product that promises to clear your debt and
put cash in your pocket for those "necessities" like holidays
cars etc.

* Check your standing orders. Are you still a member of the
Debating society in a company/college you left 4 years ago?

* Don't shop on an empty stomach. Use a list and stick to it.

* Set up Bill payments etc to leave your acount the day after
you get paid.

* Don't play Lotto regularly.

* Don't smoke.

* Don't buy brand new cars.

* Have a car boot sale every now and again.

And finally......

* Move abroad.


Hope this helps.

-Rd
 
Re: Money Saving Tips/Advice.

Definitely don't buy a new car. Older models work perfectly well and if they break you can still buy a new one for less than the depreciation on a new model. If your worried about breakdowns join a motoring organisation.

Proud owner of a 1990 reg car
 
Re: Money Saving Tips/Advice.

Excellent nogser!

You can also buy a classic car (30 years old or more) and pay reduced tax (under €30 for year), reduced insurance and if you import it very little VRT (can't remember but I think it's around €40 also). If you can influence the choice of company car for your company, the BIK is calculated off the original price of the car when new, which may have been only hundreds. Import an early 70s Porsche 911 from the UK for Avensis money!

Okay, I'll admit that the above may not always be the most practical of advice, but it will save you money. Technological advancement in the motoring world is over-rated.

(Daily driver also a 90 reg and proud of it.)

Oh and buy a bicycle. Having only recently rediscovered the joys of two-wheeled transport, it has saved me loads of time (=money) whizzing past lines of traffic, reduced my blood pressure and I'm sure it will save me money on future medical bills.
 
Re: Money Saving Tips/Advice.

You can also buy a classic car (30 years old or more) and pay reduced tax (under €30 for year), reduced insurance and if you import it very little VRT (can't remember but I think it's around €40 also).
Click to expand...

Hi Liam - When I researched this a couple of years ago, the insurance companies all required that the 'classic car' be my 2nd car, i.e. I had to be the main driver on another car. One company made an exception to this, and had a limited milage policy (10k miles, I think), but their price was no cheaper than standard insurance at that time.

Are there really good insurance detals to be had on classic cars as your main vehicle?
 
Re: Money Saving Tips/Advice.

Liam

Glad to see I'm not the only one out there. I've got the bicycle too. All that exercise and saving a couple of euro in petrol every day I cycle to work.

Nogser
 
Re: Money Saving Tips/Advice.

Are there really good insurance detals to be had on classic cars as your main vehicle?
Click to expand...

Buy a piece of crap 1L or smaller engine and insure it for peanuts as your main car. Park it out the back and let the hens live in it. Then insure your 70's porsche classic as your 2nd car. Should still work out cheaper.

I bet they'd find a way of objecting, but worth a try.

-Rd
 
Re: Money Saving Tips/Advice.

Buy a piece of crap 1L or smaller engine and insure it for peanuts as your main car. Park it out the back and let the hens live in it. Then insure your 70's porsche classic as your 2nd car. Should still work out cheaper.
Click to expand...

Hi RD - I guess the problem is that it would require lying to the insurance company when they ask the 'Is this your main car?' question on the proposal form - To me, that's just another form of insurance fraud.
 
Classic Cars

It's a pity we can't get "everyday use" insurance policies for classic cars.
In the UK, classic "everyday use" (i.e. main car) policies are freely available for very low premiums.
You can even insure many 10 year old cars as "classics" !

(Indeed some cars in the UK are deemed "classics" from new, and can be insured as such !)

Silvera.
 
Re: Classic Cars

I agree. You can also get insurance in the UK for "limited mileage" for your primary car. If you agree that your mileage will below a certain limit each year, your premium can be reduced.
 
Re: Classic Cars

It's also a pity that the low-milage policies which are available in the UK aren't available here - It's just crazy that a low-milage drive, e.g. 6k per annum pays the same insurance (subject to other variables being the same) as a 60k per annum driver.
 
Don't pay your council charge

One of the easiest ways to save money is to follow the advice of many of our so-called socialist politicians and don't pay your annual council charge.

No one ever seems to get prosecuted for this, while other taxpaying mugs will happily pick up the bill for you.
 
Re: Don't pay your council charge

That might be acceptable in Loompa Land or your new home in the chocolate factory, but tax evasion (i.e. stealing from everyone else) is not an acceptable way to 'save' money.
 
Tax evasion ?

Seems to be acceptable enough to the politicians encouraging such behaviour in Labour, Greens, and SF. Real friends of the people, eh ?
 
Re: Tax evasion ?

the politicians encouraging such behaviour in Labour, Greens, and SF
Click to expand...

Hi Ooompa Loompa - I haven't see any such encouragement coming from anyone except the Jim Higgins/Socialist Party/Socialist Workers Party in many years - Can you be more specific about which politicians encouraged such behaviour & when this happened?
 
Re: Tax evasion ?

Oh Jaysus! Another topic hijacked by party political This post will be deleted if not edited to remove bad language... :\
 
Re: Tax evasion ?

I'm staying out of this one. Over to you Rainyday.
Go get em!

-Rd
 
annual council charge

As someone who has not been to Ireland in quite a few years, can I ask what this "annual council charge" is?

I was under the impression that in Ireland a payment is made to the garbage collection company (which I believe are private companies), also a charge is paid for town water supply, though as far as I was aware there was no annual council charge in Ireland (apart from annual council charge for business).

This sounds very similar to "rates" or "council tax" which is paid by residential households in the UK.

I was always led to believe there were no rates on households in Ireland.
 
Re: Money saving tips

I was always led to believe there were no rates on households in Ireland.

Yes. But some local authorities charge certain locally determined service charges such as for , etc. These charges are not related to voter registration so are not comparable to the poll/council tax levied in the UK (or is it only Great Britain?).
 
Watch out for the stickers.

Most supermarkets have a section where they substantially reduce the price of items as they approach their "best before date". Keep any eye out on the expiry date of items to guide you. Lots of items can be put in the freezer or eat them on the day.
 
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