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    money makeover - please help!

    What size is your home? Is is possible for you to rent out a room or even two rooms in your home?
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    Anybody else having problems with UTV broadband?

    Just an update on our problem. We insisted UTV register this as an issue with eircom, which they did last week. Eircom rang yesterday to say they had found a fault and had resolved it. Early days, but so far since yesterday we have not had an outage.
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    Anybody else having problems with UTV broadband?

    We're experiencing this problem too for the last few months I'd say. And it seems to be getting worse, initially it was just dropping once every few days now its several times a day. Extremely frustrating. We can't change our phone connector as we also have eircom phone watch and there's only...
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    Formula for Transfer Value to Buy out Bond

    The formula for calculating a transfer value depends on various assumptions that are based on guidelines issued by the society of actuaries (mortality, interest rate assumptions) and then other factors will be scheme specific (retirement age, pension increases, what portion of your pension is...
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    Made redundant- what should I do with pension scheme?

    Just a word of caution. Is the scheme a defined benefit or defined contribution scheme. If defined benefit, you should seriously consider the implications of transferring out and thereby losing all guarantees that such a scheme provides. In the majority of cases a member would be advised not to...
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    Greenhills D12

    Overall it's a pretty settled area. The area near the Traders did have a rough element there, bit of drugs, but seems to have quietened down a lot in recent years, good friend living there now without any problems. Schools only ok to be honest St. Peters for boys has ok rep, St. Paul's for girls...
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    Can we afford kids?

    If you want to be a sahm, your partners salary would need to increase significantly to service your current mortgage and day to day living expenses. How likely is that to happen within say a 5 year timeframe? Would extra qualifications increase his earning capacity, are there any chances of...
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    Salary top up whilst on maternity leave

    jennifer, have been in this position with my employer who topped up % of salary and left the state benefit to be paid independently, i.e I didn't have to reimburse employer. Your understanding is correct, state benefit is tax free and you benefit from paying from less tax on top up of your...
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    Wasps Nest?

    In the last week we've found a couple of wasps in the kids bedroom. Given the time of year I thought they had long died out at this stage, so I'm a bit concerned as to where they've come in. Do I take it that there is definitely a wasps nest somewhere close to the bedroom? If so do we need an...
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    Budgeting and moving house

    We're hoping to do something similar this year, and are like yourselves with small kids and a not insignificant mortgage. We're bringing in good money, but I am very prone to serious overspending from time to time. We've also started the new year afresh. Some things that we are doing/have done...
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    Budget for young couple with baby.

    I know that it's probably not ideal with a young baby, but have you thought about taking in a lodger? Easy way to get some tax free cash, and if you can get a young professional from the country they might be out at work all day and go home for the weekends (if you're really lucky!)
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    Solvency of pension providers

    Insurance companies have to satisfy stringent solvency levels with the regulators, they are so stringent that it was one of the reasons Equitable got into trouble a few years ago, they were still solvent, but didn't satisfy the required level. An investment manager is different, and will...
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    Quote one price, charge another

    When we got our alarm fitted, guy came back to us and said the quote we had received was completely wrong (they never seem to go too high do they) and said that in all honesty the work involved wasn't covered by the bill. We wanted to be fair to the guy and when he explained the work that was...
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    High personal debts

    Assuming all goes well, how much income will the business provide you with every month? You must be banking on it being very successful to cover all those debts. Now, just say something happens between now and March and you don't get the contracts you are banking on? You are taking a huge gamble...
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    Financial Advice please!

    I'm not sure you're that much different from lots of other young couples starting out, and actually you're probably in a stronger position because you estimate that you will have a healthy amount of equity in your home from the start. You mention you've only just started work, is there a...
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    Lump sum early retirement from Defined Benefit scheme

    Very broadly the lump sum on early retirement is the maximum at normal retirement reduced pro-rata by your service to early retirement and your service to normal retirement. However, it depends on other factors as well incl any benefits you have from other pension schemes, and different salary...
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    Car loan - new employment

    Hi, looking for some advice. Have just been offered a new job with substantial pay increase and car allowance. Starting in January, and want to take the opportunity to upgrade my car, so am looking to take out personal loan. I think it will be easier to get the loan on my new higher salary, but...
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    Tight income advice welcomed

    Are you sure you've applied for all available allowances? FIS, medical card, appropriate tax reliefs? Also, is there any way you could rent a room in your house? You could make up to an extra 500 per month tax free. Is there any way of increasing your income? Ask for a pay rise maybe or possibly...
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    Where to go from here...

    afaik the rules on redundancy allow some/all of your severance payment to be paid tax free. There are different exemptions, and you can claim the one most favourable to your circumstances. They work differently to income tax and if you do have to pay tax on severance, it will be taxed as income...
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    Where to go from here...

    Hi Sam You're taking home a healthy amount between the two of you with a very low mortgage, yet you are living paycheck to paycheck. You need to get a grip on what you do with your money before you make any decisions on remortgaging/redundancy etc. A spending diary can be enlightening. It takes...
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