Age: 30
Spouse’s/Partner's age: Girlfriend age 29 – not living with me as yet.
Annual gross income from employment or profession: 37K
I take home €583 after all taxes/prsi and pension are deducted.
Annual gross income of spouse: n/a
Type of employment: IT industry
In general are you spending more than you earn or are you saving? Saving
Rough estimate of value of home €350K
Amount outstanding on your mortgage: €112K
What interest rate are you paying? 4.850%
Other borrowings – car loans/personal loans etc None
Do you pay off your full credit card balance each month? Yes
If not, what is the balance on your credit card?
Savings and investments: Bank 20K saved, Credit Union €3,400.
Do you have a pension scheme? Yes, I pay €60 per month and my employeer matche’s its monthly. Started in Feb 08, I transferred €3000 from previous pension scheme
Do you own any investment or other property? No
Ages of children: No
Life insurance: Yes
What specific question do you have or what issues are of concern to you?
I drive a 2000 VW Diesel car and during the week I have a work van so the car is used at weekend’s and my diesel is paid for in the van.
I am wondering is there more I should be at with my savings to get a better return?
As with alot of jobs at the moment I do not know how secure my job is.
Also I am wondering if I could upgrade my car a few years and maybe take out insurance incase my job goes.
Spouse’s/Partner's age: Girlfriend age 29 – not living with me as yet.
Annual gross income from employment or profession: 37K
I take home €583 after all taxes/prsi and pension are deducted.
Annual gross income of spouse: n/a
Type of employment: IT industry
In general are you spending more than you earn or are you saving? Saving
Rough estimate of value of home €350K
Amount outstanding on your mortgage: €112K
What interest rate are you paying? 4.850%
Other borrowings – car loans/personal loans etc None
Do you pay off your full credit card balance each month? Yes
If not, what is the balance on your credit card?
Savings and investments: Bank 20K saved, Credit Union €3,400.
Do you have a pension scheme? Yes, I pay €60 per month and my employeer matche’s its monthly. Started in Feb 08, I transferred €3000 from previous pension scheme
Do you own any investment or other property? No
Ages of children: No
Life insurance: Yes
What specific question do you have or what issues are of concern to you?
I drive a 2000 VW Diesel car and during the week I have a work van so the car is used at weekend’s and my diesel is paid for in the van.
I am wondering is there more I should be at with my savings to get a better return?
As with alot of jobs at the moment I do not know how secure my job is.
Also I am wondering if I could upgrade my car a few years and maybe take out insurance incase my job goes.