Earn a TV spot
year? Don’t be afraid to ask, if you don’t ask you don’t get.
6. SHOP AROUND FOR INSURANCE
I can build a fantastic financial plan but if somebody dies or gets sick there’s a big hole in my plan and that’s why we would look at a need for covering things like insurance.
You don’t want your kids not to go to college because you got sick.
Insurance is an absolute necessity, but you need to shop around. How To Be Good With Money – the brand new financial series for RTE – is looking for people to help make their dreams come true.
Eoin is here to help people get on top of their finances.
If selected, he will work closely with you to do a full financial audit and present you with a clear financial plan to help you achieve your goal.
Eoin said: “We’re looking for people to get involved, you
Top tip check out www.enough.ie and see how you can save over a grand a year on your finances.
7. THINK ABOUT MONEY IN TERMS OF TIME
If you’re on a tenner an hour, and you see a lovely shirt for €80, rather than thinking ah I have 80 quid in my bank account, I’ll buy it, work out how long it will take for you to earn the shirt.
What you should think about is, it’ll take 8 hours of work for me to earn this shirt.
This is the way we need to think about money because we’ve lost the personal connection to it.
8. SPEND LESS THAN YOU EARN Anyone who has a credit loan, car might be going to Australia for a month.
“Or you just want to say am I on top of things, or maybe you want to give up work forever.
“Maybe you’re a parent looking at your kids thinking I need to save for their education.
“We’re looking for people from minimum wage all the way up to the ridiculous earners.”
If you would like to take part in RTE’S How To Be Good With Money email money@indiepics.ie or call 01 708 8191.
loan or personal loan, is spending more money than they earn.
Bin the credit cards so that you’ll spend less money than you earn.
Once you get caught up in this cycle it’s very hard to get out of it. 9. DON’T SAVE YOUR CREDIT CARD DETAILS ONLINE
Hick and click is on the rise, for instance it’s 9.30pm on a Thursday night and the ladies have had couple of glasses of wine and they log onto their favourite shop and in seconds have clicked and bought a new top for the weekend and it’s delivered the next day.
Think about what a shop does, every time you walk into the shop, it’s designed to get you to buy stuff,
online shops are no different. With online spending you haven’t touched it or felt it, the buying is instant, nothing preventing from buying it.
10. DON’T LET KIDS HAVE ACCESS TO YOUR CARDS
Virtual spending is on the rise, take the online shopping one step further and by allowing your child access to spending on their favourite game you’ll be in trouble.
Do you think your child is going to have the discipline not to click on your credit card?
There’s not a hope they can resist and it’s not going to come back and bite them for a few weeks when you get your credit card bill.