By Dave Kavanagh Nobody goes to work thinking that something may occur leaving them with no income for a period of time. Many people realised how vulnerable they were when the pandemic arrived, dropping some incomes from €600, €800 or €1,000+ per week down to €350 of PUP. Many don’t give much consideration to how […]

The post How Long Will You Be Paid For? appeared first on Community Locals.

By Dave Kavanagh Everything you eat, drink, wear, own, where you live, travel to and how you get there, are all connected to your finances. Yet most people don’t give budgeting the time and importance it deserves, especially as it could leave you with more money left over each month. A few practical tips: Carefully […]

The post Making Time For Budgeting Is Important appeared first on Community Locals.

By Dave Kavanagh Capital Acquisition Tax is the umbrella term for both inheritance and gift tax in Ireland. In 2024 in Ireland, there was over €850 million collected in Capital Acquisition Tax. It also includes estates that may have been taxed in previous generations. For example, if someone left an estate worth €1,000,000 to an […]

The post A Little Planning Can Save Big appeared first on Community Locals.

By Dave Kavanagh “Let’s go for a drink?”, “How about a nice meal out?”, “Shall we book a nice holiday?”, “How about an afternoon shopping?”, all questions that are (usually!) met with a positive response. “Shall we have a look through our finances and plans that we have in place?”, not usually met with the […]

The post Do These Financial Excuses Sound Familiar? appeared first on Community Locals.

By Dave Kavanagh In a week where I have arranged pay out of another Serious Illness Cover claim, many people are in the “it’ll never happen to me” group, when it comes to planning for events that could potentially impact finances. Let’s face it, nobody wants to think that anything “bad” will happen to them […]

The post Are You Gambling Your Financial Security? appeared first on Community Locals.

By Dave Kavanagh Two important things to consider with both having and needing mortgage protection life cover. Firstly, there are those who have had mortgages for a number of years with mortgage protection life cover done in conjunction with it. For these people, it is well worth checking the current level of cover and remaining […]

The post Do You Really have mortgage protection? appeared first on Community Locals.

By Dave Kavanagh Here we are again at that time of year when, after possible excesses over the festive period, many people embark on making some positive changes or improvements in their lives. The most recognisable of these is the “losing weight/getting healthier” one. To give people more of an incentive to maintain what they […]

The post Positive Changes That Actually Benefit You appeared first on Community Locals.

By Dave Kavanagh Traditionally, December is when we tend to spend the most. Is there a way to soften the impact? Of course there is. Firstly, manage expectations: Most people can’t remember what they got 2 years ago, so don’t put yourself under too much pressure for “big” presents. Next, leave the credit card at […]

The post How To Reduce Your December Spending? appeared first on Community Locals.

By Dave Kavanagh From 1st January 2025, employers can provide up to five, small, non-cash benefits per employee per year, with a combined value of up to €1,500, free of PAYE, PRSI and USC. To qualify, benefits must not be in cash, must not be redeemable (in part or full) for cash, and must be […]

The post Small Benefit Exemption For Your Staff appeared first on Community Locals.

By Dave Kavanagh A difficulty that occurs when planning ahead to protect you and your family’s financial future, is the fact that we don’t know exactly what the future holds. Will jobs and income change? How long will I maintain good health? Will I win the lottery jackpot in the next 3 years? The uncertainty […]

The post New Options To Future-Proof Cover appeared first on Community Locals.