Category: <span>Financial Wellbeing</span>

Women match men on financial skills but education key to learning

People that participate in work-based financial wellbeing seminars demonstrate a higher rate of financial skills than the general population. This is the key finding of a new survey from MoneyWhizz,…

No, your credit report is not damaged because you were late paying that electricity bill! 

This is a typical situation. Peter arrives in Ireland from another country. He wants to get established, including opening a bank account, and access credit. With few local contacts and…

4 Strategies To Pay Off Credit Card Debt in 2024

By lowering credit card debt in 2024, borrowers will put more money back into their pockets Frank Conway If you carry credit card balances month to month, it can be…

With the mortgage market in 1988 mode, it’s time to modernise the personal investment landscape.

The S&P index has risen by over 20% this year and funds linked to it have followed. €20,000 invested in January 2023 would have risen to over €24,000 as of…

Some tax reliefs are better than others

Tax relief is not created equal, some are more beneficial than others and many consumers sense this!  There are about 80 different consumer tax reliefs in Ireland today. Some are…

6 Money Lessons Every Student Should Know

Money must be one of the greatest inventions of all time. Thanks to money, the work we do can be quickly and easily converted into cash. A farmer in Kerry…

The demonising of mortgage holders is wrong!

This week, the Irish Government announced that some mortgage interest relief would be made available to mortgage holders. It was, in the overall scale of budgetary measures a relatively modest…

Financial Education Library

MoneyWhizz has developed an extensive library of content on how the personal finance system works in Ireland, and globally. It has published a financial education framework. This sets out an…

How the cost-of-living crisis impacts mental health and wellbeing

Over the course of the last 2 years, one thing has become clear. Many employees across Ireland are struggling with the cost-of-living crisis. A significant number of people in their…

3 ways Irish savers can be supported in Budget 2024

Whether or not banks increase deposit rates will not make a whole lot of difference to savers. Even if banks or the State increase yields on savings accounts or State…

Interesting facts about money

German valleys and dollar bills – The word dollar originated from the German term, thaler, a shortened version of the word Joachimthalers. The word thaler comes from the German root…

How Shares Work in Ireland

Capital Gains Tax on Shares in Ireland Ireland does not have a particularly strong tradition on the purchase and sale of equities (shares). And, where it does, it can sometimes…

Interest rate increases are a blunt(ish) instrument against inflation

Across Ireland today, personal savings are more likely to drive inflation than too much money being lent out. For example, despite a surging population, mortgage lending in Ireland remains stagnant.…

Advice or promotion?

Late last year, the U.S. Securities and Exchange Commission (SEC) announced charges against Kim Kardashian for touting crypto on social media while failing to disclose that she was being paid to do so. Kardashian…

7 simple steps to stay financially fit

Financial fitness is important as a life skill. And doing so requires consistency in approach to day-to-day financial decisions.

How financial literacy can underpin personal financial wellbeing

Financial wellbeing can only be achieved when others have true financial literacy. This includes the skills to challenge financial advisers when things just don’t seem right.

Lifting pension preparations through auto-enrolment

Auto-enrolment is designed to get more people saving towards their retirement. This can have far-reaching consequences for their long-term financial wellbeing.

To delay, how much should the State pension rise to?

A higher State pension from age 70 may sound great. But the numbers may no be good for your financial wellbeing.

Preventing Fraud and Financial Exploitation

Financial exploitation has been called “the crime of the 21st century” that is being committed by a broad spectrum of perpetrators. A key factor in some cases of elder financial…

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