Tag Archives: Carey Corbett

I read an article in The Irish Times this week with the heading ‘Women more than twice as likely to rely on State pension’ which lead me to think about our clients and how are the women of Co Clare faring. Firstly let’s look at what the data says nationwide – women are more than twice as likely as men to rely heavily on the State pension for their income in retirement, according to a new survey. And three-quarters of those responding to the study by the Retirement Planning Council of Ireland agreed that women have historically faced financial discrimination when it comes to pensions. Half attribute that to the focus on woman for the provision of unpaid care to children and other family members, while 35 per cent think it is due to women being more likely to have low-paid or part-time jobs. Personal finance is a topic that many people find daunting, boring or confusing, especially in times of economic …

Saving money is a smart financial habit that can help you achieve your goals and secure your future. In Ireland, there are many ways to save money in 2024, depending on your income, expenses and preferences. When you first set a financial goal, working towards it feels new and exciting. You may spend a lot of time researching ways to save money and feel motivated to change your lifestyle to get closer to your goal. But after a while, the shine wears off and you enter into a phase called “the boring middle.” When you’re in the boring middle, you feel far away from your long-term goal. You may have several years to go before you pay off all your debt or save up enough money to buy a house. The financial changes you’ve made probably don’t feel exciting anymore—they feel restrictive. Some days you may be tempted to give up and go back to old financial habits. Here are …

​​FINANCIAL advice is a complex topic and often requires a professional advisor to get right. The very idea of seeking it can seem daunting, with many people unsure of where to start or who to go to. Time at home due to Covid has seen many of us use social media like never before. A recent trend has seen an increase in the viewership and production of content on social media that gives various forms of financial advice. CNBC reports that nearly half of teenagers are learning about investing from some form of social media. The trend, which is especially prevalent on TikTok and Instagram, is thought to have been partly linked to the GameStop saga in January 2021. Since the events in January, the subreddit responsible (r/WallStreetBets) now has a userbase of more than 10 million, more than double what it was at the start of 2021. Investment News report that TikTok videos tagged with “#personalfinance” have accumulated a …