Colmm – Page 3 – Eolas Money

Author: Colmm

Helping you on Life's Financial Journey

ARF v Annuity

The ARF v Annuity discussion is one we have many times with clients and impending retirees. Firstly, it is important for you to understand the merits & flaws of both retirement options and then match your long term retirement and legacy plans best to each product. The most complex part of retirement planning is the…
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Moving online

We have been busy chatting with clients with the use of technology, screen sharing and the phone. While we might not be able to meet you in person, if you need to discuss any aspect of your personal finances, just get in touch and we’ll find the best way of ‘chatting’ to you! Pop us…
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Save Money on TV subscription during Covid

A little tip

A little money saving tip given to us by some clients: Sky will allow you to pause your Sky Sports subscription payments while there is no live sport available. You get to keep the channels also. Apparently a simple process so give them a call and hopefully you’ll save some money!

What are the consequences if you miss a Premium for your Protection policy?

In these unprecedented times we are all being advised to ‘manage our cashflow’ and cut back on unnecessary expenditure in order to get through this crisis. Some queries we have received in recent weeks relates to the consequences of not paying your monthly life assurance or serious illness premiums. Life insurance companies recognise that these…
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Financial Wellbeing in Covid

Covid and Mortgages

It really is an unknown at the moment as to how the banks will deal with mortgage applicants impacted by the effects of the Corona virus. However, some good points mentioned here by Dominic Coyle at The Irish Times If you are worried or have any queries regarding your own personal finances, don’t hesitate to…
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Financial Impact of working from home

Working from Home Tax Relief

More than 100,000 people already worked from home before the Covid-19 outbreak and Revenue made provisions for these people to be reimbursed up to €3.20 per day for work-related expenses. These include heating, electricity and perhaps broadband expenses. It is important to keep receipts for inclusion within your 2020 tax returns. As always, if Eolas…
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We are still working for you.

Your financial wellbeing is now more important than ever as the effects of this global pandemic sink in. It has been a busy few days for us as we have conducted client meetings via Skype & Zoom etc. It has been a new way of engaging with our existing clients and a different way of…
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Pandemic Unemployment Payment

For those impacted by Covid-19, the attached is a link to the Department of Employment Affairs & Social Protection in order to register for COVID-19 Pandemic Unemployment Payment. This is an emergency benefit paid by the Department to all employees and the self-employed who have lost employment due to a downturn in economic activity caused…
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Financial impact of Covid 19

Keep Calm & Call Eolas Money

Call Eolas Money before you do anything rash financially! These are extraordinary times, and market corrections like this only come around once a decade or so. If you are worried about your finances, looking for some reassurance, or just need to understand the current financial situation a little better, just call us. We’d ask you…
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Revenue Commissioners to defer collection of LPT

Another good measure announced by the Revenue Commissioners to defer collection of LPT due to be paid by single debit next week. Revenue are recognising the cashflow difficulties that households will experience as a result of #Covid19 and this is good to see. If Eolas Money can help you with any financial planning requirements, please…
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