Hi there.
I am in my mid 40s, married with two kids. One is doing the Leaving and intends to go to a local college rather than Dublin. The second lad is only starting secondary school next year. Between myself and my wife we earn approx €110,000 gross and she is in a public sector job which she joined in 2006. She currently does a four day week. Our combined net monthly take home pay is about €5750 but that’s with VHI, property tax and pension taken out.
We currently have about €20,000 in savings and we are mortgage and debt free. I currently put 25% of my salary into my pension and my employer puts in another 6%. I earn €71000 per annum. I also invested in solar which gives me zero electricity bill for the year also. My home is worth approx €600k
Can anyone give me any advice in trying to put my finances in order as I fund lately we are spending all of our monthly salaries whereas we should be saving. Thanks
I am in my mid 40s, married with two kids. One is doing the Leaving and intends to go to a local college rather than Dublin. The second lad is only starting secondary school next year. Between myself and my wife we earn approx €110,000 gross and she is in a public sector job which she joined in 2006. She currently does a four day week. Our combined net monthly take home pay is about €5750 but that’s with VHI, property tax and pension taken out.
We currently have about €20,000 in savings and we are mortgage and debt free. I currently put 25% of my salary into my pension and my employer puts in another 6%. I earn €71000 per annum. I also invested in solar which gives me zero electricity bill for the year also. My home is worth approx €600k
Can anyone give me any advice in trying to put my finances in order as I fund lately we are spending all of our monthly salaries whereas we should be saving. Thanks