Talking Money: Downsizing your home, 3rd August 2015

Last week on Drivetime’s ‘Talking Money’ we discussed the idea of ‘downsizing’ your home and what it means, how to do it, and the things you might want to watch out for if you are considering downsizing.

As people age larger homes often become less of a requirement, equally, selling your primary home being capital gains free can be advantageous, so we looked at the angles and figured out what you should watch for.

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RTE Talking Money: The cost of raising kids

This week on RTE’s ‘Talking Money’ we looked at the cost of raising a child. Everybody who ever had kids knows it’s expensive, but did they realise it can cost about €105,000 per child? That’s a real eye opener and that so many parents cut back on vital financial needs like life insurance to allow for general consumption is a concern. As always, you’re bound to be entertained as Karl Deeter and Jill Kerby ‘talk money’.

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RTE Talking Money on Life Insurance

Back in June (sorry for the delay, we had the recording but didn’t post it!) we did a piece on life insurance and both how and why it matters.

As usual, Jill and Karl didn’t always agree on everything but the need to insure against your greatest risk was universally accepted and how to do it sensibly is really straight forward.

You can catch us again ‘Talking Money’ every Monday on RTE Drivetime at about 18:15.

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Talking Money – Switch your mortgage to save

This week on ‘Talking Money’ Karl Deeter and Jill Kerby were discussing ‘switching’ with Cormac on RTE’s Drivetime. It was coincidental that many of the points we made were reinforced by the Central Bank findings this week on mortgage switching on points such as assertive customer behaviour being important and not allowing inertia to hold people back.

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Newstalk: Shane Coleman & Karl Deeter discuss Rent Control, or ‘rent certainty’

Yesterday on Newstalk’s Breakfast show Shane Coleman spoke to Karl Deeter of Irish Mortgage Brokers about rent controls and what effects they may have, it is also becoming known as ‘rent certainty’ which is a more politically correct version of the same expression.

Germans have struggled to make this workable, as have the French, these markets are also heralded as the markets we should aim to replicate, but why would we want their problems when we have problems of our own already?

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Drivetime RTE: Mary Wilson speaks to us about mortgage rates, 22nd May 2015

We spoke with Mary Wilson of Drivetime on RTE about mortgage rates and what the implications were of the changes Michael Noonan (Irish Minister of Finance) announced that day. We also read through the Central Bank report on the subject and considered the findings of their analysis in terms of the impact it might have on borrowers.

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Newstalk: Pat Kenny Show on variable rates

We were asked to speak with Pat Kenny today about variable rates and the government plan to intervene to make banks drop them. This was, after considering various pieces of evidence shown to be a deeply political rather than pragmatic move. We also demonstrated that there are documents which the Minister for Finance had drafted up with the banks specifically stating that he would not intervene on matters of pricing, the recent round of ‘meetings’ is in direct contravention of that.

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Newstalk: Pat Kenny & Karl Deeter on housing, dereliction and sites

Pat Kenny spoke to Karl Deeter about some of the huge, but unreported issues in the housing market, such as ‘who owns derelict sites and buildings’ and how regulations can sometimes make it difficult to provide quality housing at affordable prices.

This was an extended segment on something of great national importance that generally doesn’t get a lot of airtime so we were very pleased with Newstalk for the opportunity to work through it and to have the time to describe many of the nuances that would otherwise be overlooked.

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RTE Drivetime: Talking Money on ‘Gold’, 11th May 2015

We were discussing the reasons behind having an allocation in gold or precious metals in a diversified portfolio this week on ‘Talking Money’. Jill Kerby raised interesting points about the benefits while Karl said that it’s a good hedge but also one that has lost a lot of value in recent years.

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RTE Drivetime: ‘Talking Money’ on the ‘Fair Deal’ for nursing homes, 13th April 2015

Fair Deal is a scheme which is there to help make nursing home care affordable for people. It doesn’t discriminate based on means, but it also tends to run out of money and often people can be left holding on to valuable assets while the state absorbs large costs on their behalf.

This week in ‘Talking Money’ we examine whether or not it makes sense and what you can do about it.

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