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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.
Your contributions will help us continue to deliver the stories that are important to you
Education, renovating homes and holidays are all increasingly popular, but saving for a rainy day is still king.
An Post say that they now hold 16 per cent of all personal savings in the country.
It now covers bodies such as the Criminal Assets Bureau, Nama, and the Labour Court.
Increasing numbers are turning to credit cards or dipping into savings.
The National Consumer Agency compared four different companies to see how much could be saved – here’s what it found.
The Finance Minister said that savings at Irish Water would be seen within ‘five or six years’.
All retired RTÉ workers were sent a letter telling them of the new plans.
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”.
Is it going to be a ‘Dry January’ for you?
The HSE launched its 2014 service plan this morning, which sees the medical card probity figure dropping to €23m.
The head of the Irish League of Credit Unions says the increase in members show the public still has confidence in the movement.
A rise in DIRT in this year’s Budget has affected the public’s confidence in saving, a new survey says.
Unsurprisingly it’s people in counties closest to the border who are most likely to head north for bargains.
“We used to depend entirely on our husbands for money… now we make our own decisions.”
The reductions aim to level the playing field with the banks’ savings products after the increase in DIRT tax.
With Newbridge Credit Union being taken over by Permanent TSB, it is only natural some are questioning the movement’s strength. Here, we answer some of the questions surrounding the issue.
The league says that there is over €600 million in surplus capital in the country’s credit unions.
The junior minister said Reilly is the most suitable person to tackle the health budget.
A reduction in the Live Register has produced €150 million in welfare savings.
Household repayment of loans amounted to €7.3 billion last year.
You don’t have to look too far to see the consequences of bad financial advice in Ireland – and yet anyone can set themselves up as an accountant, without education, qualifications or experience, writes Joe Aherne.
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.
With the Credit Union survey showing we have little or no spare cash at the end of the month, do you manage to save anything?
The two Labour ministers’ comments come in the wake of ASTI members rejecting the public sector pay deal.
Research has found that 25 per cent of credit union members said they joined because their parents set up an account for them.
Labour TD Alan Kelly has criticised some colleagues for negotiating on the airwaves and on the front pages of national newspapers.
The economic institute says using the promissory note savings, investing in a stimulus package and taxing the top 10 per cent of earners could reduce the government deficit to 3 per cent by 2015.
Meanwhile, Operation Acer has seen a reduction of burglaries by more than 10 per cent since its introduction.
Minister Ruairí Quinn said the new scheme will see the creation of around 360 jobs.
Negotiations have “concluded” on the Haddington Road deal, said the junior finance minister, adding less favourable conditions will apply to those unions who reject it.
A survey for Standard Life found that the average adult has a pension of about €4,000 per annum to live on.
A spokesperson for Bus Éireann said the company’s future is at risk if it can’t bring in major changes to pay and conditions for employees.
Roisín Shorthall says that if the State was to be reimbursed by insurers for welfare payments taken out while people are injured and claim welfare, they could save millions.
The report, commissioned by Joan Burton, outlines a range of options for reforming and updating Ireland’s pensions systems.
We have been treating nurses and gardai as equal in importance to receptionists and quango directors, they are not equal in importance, writes Aaron McKenna.
The Irish Postmasters’ Union has called on the Bank of Ireland to roll out bank accounts with An Post in line with a recent UK decision.
The people of Cyprus are no strangers to losing their belongings, as history has shown, writes Yiota Demetriou – who questions why her country is getting the short end of the stick.