B
BradyHawks
Guest
Age: 33
Spouse’s/Partner's age: 30
Annual gross income from employment or profession: 80k
Annual gross income of spouse: 34k
Type of employment: e.g. business consultant/admin manager
Rough estimate of value of home €260k
Amount outstanding on your mortgage: €121k
What interest rate are you paying? €729 with 4.9% tracker
Other borrowings – car loans/personal loans etc
Me: NO LOANS
Spouse: CAR LOAN - 15k left
Do you pay off your full credit card balance each month? Yes
If not, what is the balance on your credit card? NIL
Savings and investments:
Bank: €4,500
Do you have a pension scheme? NO but my wife does
Do you own any investment or other property? No
Health insurance:
Me: €50 pcm - child included.
Partner: €50 pcm - child included
We have 2 kids under 4 and creche costs pcm @ the mo are €400pcm and will rise to €790 in 2 months time.
No more plans for have more......well, not at the mo!
What specific question do you have or what issues are of concern to you?
I know i'm in good shape - but i have little saved.
I've just paid off a 16k car loan with savings to get rid of that.
What i want to do now is grow wealth......and quickly over the next number of years. My career does not give me much job security so i've got to save well while making the money.
I can put away 2k pcm in savings but whats the best way to save it well and solidly.
I have no pension at the mo, but whats the best pension to start?
Also, i'd like to be in a position to be able to buy a investment property in 1 or 2 years when prices bottom out......so what the best advice in this area?
anything else i sohuld consider to gather up savings and wealth to ensure a solid future for me and my family.
Any help/experience is most welcome.
Thanks.
Spouse’s/Partner's age: 30
Annual gross income from employment or profession: 80k
Annual gross income of spouse: 34k
Type of employment: e.g. business consultant/admin manager
Rough estimate of value of home €260k
Amount outstanding on your mortgage: €121k
What interest rate are you paying? €729 with 4.9% tracker
Other borrowings – car loans/personal loans etc
Me: NO LOANS
Spouse: CAR LOAN - 15k left
Do you pay off your full credit card balance each month? Yes
If not, what is the balance on your credit card? NIL
Savings and investments:
Bank: €4,500
Do you have a pension scheme? NO but my wife does
Do you own any investment or other property? No
Health insurance:
Me: €50 pcm - child included.
Partner: €50 pcm - child included
We have 2 kids under 4 and creche costs pcm @ the mo are €400pcm and will rise to €790 in 2 months time.
No more plans for have more......well, not at the mo!
What specific question do you have or what issues are of concern to you?
I know i'm in good shape - but i have little saved.
I've just paid off a 16k car loan with savings to get rid of that.
What i want to do now is grow wealth......and quickly over the next number of years. My career does not give me much job security so i've got to save well while making the money.
I can put away 2k pcm in savings but whats the best way to save it well and solidly.
I have no pension at the mo, but whats the best pension to start?
Also, i'd like to be in a position to be able to buy a investment property in 1 or 2 years when prices bottom out......so what the best advice in this area?
anything else i sohuld consider to gather up savings and wealth to ensure a solid future for me and my family.
Any help/experience is most welcome.
Thanks.