me 39, wife 34. 2 kids both under 3
annual gross income 62k, wife 35k. both public sector.
Il be getting defined benefit pension in 22 years and also make 100avc a week.
wife single pension scheme in 32years. makes 50 a week avc.
mortgage 250k at 2.15% fixed for 5 years. 30 years left. value of house 350k. paying 970 a month.
emergency fund 16k. kids savings 5k. car loans 15k at 5%apr.
we appear to be saving approx 500 a month and also paying 500 a month off the car loan. groceries approx 900 a month. gas/ esb 200 a month. no childcare costs. health care 400 a month for family. diesel approx 300 a month.
we have no other debts or investments. is there anything I can do to optimise/improve family finances. I was thinking about investing the child benefit every month along with the 5k I saved up for the kids so they have something for college etc.
any advice welcome. thanks
annual gross income 62k, wife 35k. both public sector.
Il be getting defined benefit pension in 22 years and also make 100avc a week.
wife single pension scheme in 32years. makes 50 a week avc.
mortgage 250k at 2.15% fixed for 5 years. 30 years left. value of house 350k. paying 970 a month.
emergency fund 16k. kids savings 5k. car loans 15k at 5%apr.
we appear to be saving approx 500 a month and also paying 500 a month off the car loan. groceries approx 900 a month. gas/ esb 200 a month. no childcare costs. health care 400 a month for family. diesel approx 300 a month.
we have no other debts or investments. is there anything I can do to optimise/improve family finances. I was thinking about investing the child benefit every month along with the 5k I saved up for the kids so they have something for college etc.
any advice welcome. thanks