New RTE programme "How to be Good with Money"

Discussion in 'Money makeover' started by Brendan Burgess, 5 Jan 2019.

  1. noproblem

    noproblem Frequent Poster

    Posts:
    1,512
    After the debacle of Programme 1 it's more than likely the people in Programme 2 couldn't believe or understand what they were being told about their financial situation and the producers had to move on to Prog 3. Be very careful with what you find in that Box, you might end up with an episode of "Believe it or not" episode in there;)
     
  2. llgon

    llgon Frequent Poster

    Posts:
    365
    The TV listings I saw for yesterday's programme described episode 2. However I checked in on it and it was indeed a repeat of episode 1. Looks like Brian isn't the only one who's a bit confused.
     
  3. 2Clueless

    2Clueless Registered User

    Posts:
    43
    Eoin comes across so well on this programme...think he’d even forgive my overspending on cat food!
     
    elacsaplau likes this.
  4. Daddy Ireland

    Daddy Ireland Frequent Poster

    Posts:
    204
    Agree, I thought Eoin was very good too. Much more interesting case than Week 1. He really took a weight off her shoulders especially regarding her rented accomodation.
     
    elacsaplau and 2Clueless like this.
  5. Saavy99

    Saavy99 Frequent Poster

    Posts:
    84
    He's has a great way of explaining simple money matters and his analogy of using pepper and salt for saving the emergency fund was excellent.
     
    Audi_Driver, 2Clueless and elacsaplau like this.
  6. elacsaplau

    elacsaplau Frequent Poster

    Posts:
    526
    Very talented presenter
     
    2Clueless likes this.
  7. noproblem

    noproblem Frequent Poster

    Posts:
    1,512
    I get the impression that most people looking for help want someone to dig them out of a hole of their own making but won't be too long in digging another one for themselves.
     
  8. RentingD

    RentingD Registered User

    Posts:
    8
    The presenter was very kind and i'd say the woman really benefitted from his advice this week. She was so worried at the start!
     
  9. galwaypat

    galwaypat Frequent Poster

    Posts:
    197
    It's economics for 4 year olds really,
     
  10. Cervelo

    Cervelo Frequent Poster

    Posts:
    439
    I would agree with you 100%, the simple reason why this woman is in debt is the basic fact she was spending more than she was earning, its nobody else's fault but her own that she has found herself in this position
    The good thing is that Eoin has shown her that she can live within her means pay down debt and save but its up to her if she wants to succeed or not

    The take home for me from this week is that its not enough to just know you can live within your means but to understand where and when you spend your money and how this has a knock on effect on your goals
     
  11. Protocol

    Protocol Frequent Poster

    Posts:
    2,859
    In some sense it's sad that at 54 a person has zero net assets, in fact has net liabilities.

    Although she does have a PS pension.


    Some Irish people seem to have a relaxed attitude to debt. She is worried about high debt, yet continues to overspend, e.g. 30 every three weeks on eyelashes.

    All of that type of expenditure should be zeroed, until all debts cleared.
     
  12. Protocol

    Protocol Frequent Poster

    Posts:
    2,859
    Interesting that this nurse on 43k is effectively a social housing tenant, paying 99 rent per week / 430 pm to an AHB.
     
  13. michaelm

    michaelm Frequent Poster

    Posts:
    1,592
    She should switch to Aldi or Lidl. She buys pricier butter than me :).
     
  14. Saavy99

    Saavy99 Frequent Poster

    Posts:
    84
    A lady has to have some treat, she's a nurse.working hard looking after sick people. If it makes her feel good about herself, so be it, she could be doing worse like spending it on fags or booze.
     
  15. Cervelo

    Cervelo Frequent Poster

    Posts:
    439
    I think you missed the point Protocol was trying to make
     
    noproblem likes this.
  16. Saavy99

    Saavy99 Frequent Poster

    Posts:
    84
    No I didn't miss the point, you have to be a woman to understand :p
     
    beautfan likes this.
  17. noproblem

    noproblem Frequent Poster

    Posts:
    1,512
    Therein lies the problem:)
     
    beautfan likes this.
  18. pat k

    pat k Frequent Poster

    Posts:
    14
    I totally agree with your post there is alot of people who have their priorities wrong . and again some people who fall on hard times These programmes always interest me because most of the people have a good job and seem well educated ,hard to believe some of these struggle with money .
     
  19. Gordon Gekko

    Gordon Gekko Frequent Poster

    Posts:
    3,439
    Last edited: 18 Jan 2019
    My sense is that people are being conditioned to expect/demand a certain standard of living, regardless of their means, and that is the root cause of most of the problems that we see, both on TV and here.
     
    Last edited: 18 Jan 2019
  20. Chelseablue

    Chelseablue Registered User

    Posts:
    40
    Gordan, you hit the “nail on the head” it is the since of “entitlement” I may not have the money but I have the right to my holiday in the sun even though I am social welfare or whatever is the case
     
    Audi_Driver and Annie51 like this.