Advertisement

Readers like you keep news free for everyone.

More than 5,000 readers have already pitched in to keep free access to The Journal.

For the price of one cup of coffee each week you can help keep paywalls away.

Support us today
Not now
Friday 2 June 2023 Dublin: 12°C

# Saving

This week
28th May 2023 - 2nd June 2023
Voices
Opinion: 'How to spend the country's €65 billion surplus and make people happy'
Dr Mark Henry argues that Ireland’s budget surplus should be invested in the blueprint for national well-being.
This year
2023
Voices
Money Diaries: A 28-year-old consultant on €120K living in the United Arab Emirates
This week, our reader documents life in the Middle East where the cost of living is high but work pays for a lot.
Last year
2022
Voices
Analysis: This year was a financial rollercoaster - what will 2023 bring for your money?
Financial advisor Ralph Benson looks at the highs and lows of the economy this year and asks if the future is brighter.
Voices
Money Diary: An office worker in the east on €26K working in Dublin
This week, our reader is enjoying a hybrid work setup.
# electricity rebate
Electricity customers to get €89 rebate as PSO levy is reduced
While domestic electricity customers are set to receive an €89.10 rebate, small commercial customers will receive €311.51 worth of a rebate.
Voices
Opinion: Keeping your money working for you - how to deal with rising costs
Financial expert David Quinn says it’s tricky at the moment as the cost of living rises – but there are little changes you can make to help your pocket.
All time
Voices
Money Diaries: A 22-year-old software engineer on €45K living in his parents' house
This week, our reader is working from home in his parents’ house which means he’s able to save a substantial amount.
Voices
Money Diaries: A 33-year-old nurse on €46k living in Dublin and managing her contacts during Covid-19
This week, our nurse describes the pressure she and colleagues are under in work and outside, as they maintain a distance.
Voices
Money Diaries: A 26-year-old civil servant on €44K living in North Dublin
This week, our reader finds he’s not spending much daily as his workplace provides food. However, he says this week was a ‘low-spend’ week.
Voices
How I Spend my Money: A 26-year-old chef in Maynooth who is studying while working
This week, our reader shows how he manages to keep his spending down because he gets his meals at work.
# getting tough
'We're really cracking down on this': Motor insurance body in favour of tougher powers for prosecuting fraudsters
The Motor Insurance Bureau of Ireland says that one in eight of the claims it processes are ‘suspicious’.
# Poll
Poll: Is it fair that some young people have to move home to save for a mortgage?
Should this be expected of young people and their parents?
# Sponsored By Bord Gáis
Open thread: What's your best tip to save money around the holiday season?
Ho, ho, ho…
# thirty not hurty
Turning 30? Our guide to owning it
Life lessons for your fourth decade.
# The long game
Know your ARFs from your PRSAs? Our guide to when to start a pension
And what the hell is a PIP? An ARF? We got some experts to answer your questions.
# mo money mo savings
Saving money in your 20s and 30s? It CAN be done - and here's how
We talked to successful savers for their tips on squirrelling it away.
# Penny Pinching
Thinking about getting a mortgage? It could take you over six years to save for a deposit
New research shows first-time buyers will rely on a family contribution for a deposit.
# restrictions
Less than 10% of credit unions affected by rules limiting how much you can save
The CP88 process resulted in a rule limiting how much a member could save with credit unions to €100,000.
# save it for a...
Plans for a 'rainy day fund' have been given the thumbs-up - if it's done right
But the €2.5 billion proposed will be only a fraction of the money used in the last recession.
# Norway
A man in his boxers has pulled off some Hollywood heroics to stop a car thief
It was basically that scene in Terminator 2 when the T1000 chases down the car.
# Show Me The Money
8 strategies to spend less money, from people who save over half their income
Want to retire early? Read this.
Voices
5 tips to get your finances in order in 2016
There really is no “silver bullet” solution, writes Stephen Barry, who says small changes can make all the difference.
# College
The next step: Charts show financial strain Irish parents face as their child goes to college
It’s more saving and more debt.
# shadow of its former self
Could credit unions be on the way out? They're said to be under 'sustained attack'
Fianna Fáil thinks the sector is burdened by “excessive regulation and bureaucracy”.
# Optimism
Most Irish people think they could have more money in six months' time ...
… and at the very least think they won’t have any less money.
# Rainy Day
Thinking of saving for a house? Here's what to expect*
*Hint: It’s not going to be easy.
# class of 2014
Parents are saving for 8 years to put their kids through college
Some people are even having to start saving when their kids are babies.
# Thrifty
9 ways you are sabotaging your future by not saving in your 20s
Are you a spender or saver?
# Rainy Day Fund
Two thirds of Irish consumers can't save regularly
While there have been gains over the last year, most Irish people still can’t save every month.
# Moolah
Do kids need to know how to manage cash?
Children are now being taught how to handle money at school.
# Rainy Day Fund
Here's what the Irish are saving money for
Education, renovating homes and holidays are all increasingly popular, but saving for a rainy day is still king.
# For a rainy day
Stamping your book: People are saving more and more with An Post
An Post say that they now hold 16 per cent of all personal savings in the country.
# bills
Disposable income on the rise but 1/3 rely on credit card to make ends meet
The latest survey from the Irish League of Credit Unions shows the number of people with no money left over after essential bills has fallen by almost 40,000.
# Your Say
Poll: Are you planning to go away on holiday this year?
January is cold, dull and gloomy. So, is it within your budget to take a nice holiday later this year?
# Money Money Money
Your Tips: How to save money this January...
We’re off to buy a piggy bank…
# Saving
More people are saving, but not because they think it's a good time to do so
Despite an increasing in savings, attitudes towards it would seem to be contradictory with only 24 per cent of people believing that “now is a good time to save”.
# For a rainy day
Less than a quarter of people feel confident saving money
A rise in DIRT in this year’s Budget has affected the public’s confidence in saving, a new survey says.
# festive stash
One in four people are saving all year round for Christmas
New research on spending and saving habits also shows that fewer people plan to use their credit card for festive spending this year.
# Money
Household savings primarily being used to pay down debt
Household repayment of loans amounted to €7.3 billion last year.
# my precious
NTMA could gobble up your savings next March if they have become dormant
But don’t worry, you can get them back. If you haven’t touched Savings Bonds or Certificates in 15 years, they could be transferred to the State.