EXTENDED MORTGAGE INTEREST RELIEF Q. I bought my home in late 2005 and, like a lot of other people I am struggling, but coping, with my mortgage repayments. I get Mortgage Interest Relief which amounts to almost €200 p.m. This is paid directly to my mortgage account...
BANK OR CREDIT UNION ? Q. My home is worth € 260,000 and no mortgage but I need to do about € 40,000 worth of work on essential maintenance. I am just wondering at age 59, single and little income ( € 24K ) will I get a bank loan or would you suggest going to the...
How do you confuse investors ? Place three shovels against the wall and ask them to take their pick.. Choosing the right vehicle for your money can not only be as confusing but it can cost you dearly. With 14 different asset classes from property to cash, and equities...
Serious Illness Cover (SIC) or Income protection ? Q. Married with 3 children, I have been advised as the only bread winner in the family to take out health cover. As I understand it, SIC will give me a lump sum if I contract a serious illness while income protection...
Comedian George Burns who lived past 100 years of age once said whenever he would order a 3 minute egg, they asked him for the money up front. Yes this is living in the 21st century. We are all getting older, living longer, leading healthier lives. While there are...
John Lowe the Money Doctor and father of three children, continues with his advice in this final part on what you should be teaching your children… Well done – you have taught your children about earning, saving and spending. Only four more disciplines left and...
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