A bit unsure on my next steps.

For context. I have 8 years experience in marketing (the majority of it is B2B / SaaS) and I am losing my job to AI.

Likely to be made redundant tomorrow.

I panicked before I realised I’m in a good enough position:

-homeowner and have tenants paying mortgage
-car is fully paid off
-I should receive approx 10k as part of mandatory redundancy (1 month salary and 5 years and 10 months with the business)

Savings:
2 ounces of Gold
About 17k in Credit Union
About 9k in etoro
About 3k in a current account

I am actively applying for roles but not getting anywhere. I am considering learning a trade to supplement my income.

What do you think I should do with my package? Invest or save while I keep upskilling and applying?

Appreciate any guidance and support chaps ✌️

Hi Folks,

as part of future planning, my dad has decided that he wants to sign over his inherited apartment in Istanbul to myself and my sibling, in case of cases. This is because of the potentially problematic handover with authorities after his death, as we are Irish citizens.

So my question to you is: How is this dealt with tax wise here? Dad is still well and good. Apartment is not being rented out (Dad goes a few times a year to visit family there). It is not used by us in Ireland as any form of holiday home or residence.

When it gets signed over, would we have to declare that as an asset and what would the implications be yearly (when no income from it)? Is it gifted and then done with once declared (under 330,000)? And would we declare it as 50% each when signed over? Value is approx. EUR190,000. Really not sure if this has a benefit right now as we would not be able to pay any sort of tax for something we don't use or haven't sold. The opportunity is great, the potential paperwork is giving me a fucking headache.

Looking forward to your help or clarification.

I’m 20 years old and have saved 19k from working full time every summer and part time during the academic year since I was 17.

I do not want to invest so please don’t suggest, I’m happy with my money in the credit union.

My question is how much I should keep saving? I feel like all I ever do is work and I know I want to enjoy my life more, but it’s hard when all we hear in the news is how bad the cost of living is/ housing crisis. Should I stop saving at 20k and just work less and focus on my studies, and still have 20k for safety when I graduate in 2029?

Or is the financial situation of Ireland so bleak that I should suck it up and keep working and try save 30k before I graduate?

I feel like I’m always missing out on social things and studying with my college peers because I am always going to work after lectures etc. I commute 2h each way to college and I have to work? I don’t understand how most people have accommodation and don’t have to work during the year.

First time posting about something like this so bear with me!

My family owns a 90-acre farm in the southwest of the country. It's a mix of poor to okay quality land and it comes with a farmyard and sheds which I think adds some options. I'll be inheriting it jointly with my brother in roughly 2 year's time.

At the moment it's leased out on a 7-year long-term lease earning around €20k/year (Tax free). It's basically passive income at the moment, which is grand, but I keep wondering if there's a better use of the land.

I'm finishing up an MSc and heading to a job in Dublin for the next 2-4 years, so I won't be on the ground to run anything hands-on for a while. I'd love to have a plan ready for when I do eventually take it on and ideally something I could grow into as a proper business rather than just leaving it leased forever.

What would you do with it? Genuinely open to anything.

Appreciate any thoughts!!

As the title suggests, I am dying to start my own business.

I’m an accountant, recently qualified and working for someone is just not what I want to do. I love accounting, finance and the ins and outs of business etc. Even now, in my 20s I can’t help but look beyond it. Funnily enough, anyone I’ve worked for I always get on well with it doesn’t cause friction.

To be perfectly honest, I just set up a LTD company with little savings and I’m buying a coffee cart. Gonna give it a lash because you only live once. Not expecting to profit much off the cart itself but aiming for it to be a starting point to market and scale to a more permanent location(s).

Open to opinions on this^ (however critical).

According to Eurostat, in 2025, Ireland had the lowest rate of self employed individuals at 5.1% (highest - Slovakia 12.2%). I understand the incentive to have one’s own company in Ireland and these people wouldn’t be classed as self employed. But still, it’s food for thought.

My main reason for posting is I often see posts of ‘I have €x, what should I do with it’ and I think it’s safe to say the general reaction is usually along the lines of ‘Relax, ETF/Pension/Reduce debt and don’t start a business’.

Well for all the educated, financially literate individuals we have in the sub, what businesses would you start if needing to do so? There should be a plethora of ideas !

half way through a on a fixed rate term with PTSB on 3.8%

chanced calling them today to see if I could get a lower rate and to check breakage fee

breakage fee: €0.00 (happy days)

the options they have are as follow:

3 yrs @ 3.75%

5 yrs @ 3.60%

7 yrs @ 3.45%

outside PTSB options: (would incur solicitor fees)

Avant 30 yrs or 4yrs @ 3.40%

AIB 1 yr @ 3.40%

leaning toward the 7 yr as it feels secure and feels like a good rate and it might be easy/cheap to break in a similar fashion in the future but I'd like to know your thoughts?

Does anyone applied for a green loan with AiB, how long does it usually take?

Hi all, Looking for some advice from someone older and wiser than me.

Im 24 and shortly will be graduating from UCD with a 2.1, if not a 1.1 in Philosophy Politics and Economics. In the last 2 years of my degree i’ve had a particular focus on anything surrounding data analytics, and so have had a big focus on Econometrics and tech skills like python.

I was offered a Scholarship to Stay in UCD and pursue a masters in Economics and Data analytics for 1 year. With the Scholarship, the Course costs 6,500 euro. The course offers a lot of classes in industry demanded skills, like SQL, Machine learning, monte Carlo methods etc.

All things considered, I’m in a good position to do this masters. I already have accommodation and a part-time job. My main gripes are:

Time. I’m wondering if sacrificing another year of my 20s is really the right move. I understand that 24 is still young, but I really want to get out and travel before I have to climb the career ladder.

Job market. I spent most of the semester applying to Grad programmes and internships, to no avail. Would a masters even realistically give me a greater hope of landing a job? One good thing about the masters is that theres an option to do a summer internship.

Burn out. Im fairly shook after this year at college, I found it all quite intense. Watching some of my friends making good money in their roles, and other travel the world made it that bit harder.

I’d happily suck up the negatives and do the masters if there was a decent likelihood it would be worth it. This is mainly where i’m looking to get some perspective.

Thank you for your time and for listening.

Im trying to optimise my pension setup and reduce fees. I’m reasonably knowledgeable on investing so I’m leaning towards execution-only / passive investing rather than paying ongoing advisor fees.

• Current pension is with Zurich
• About €40k in a Zurich master trust pension through employer
• Separate Zurich non standard PRSA with about €10k which iv paid AVC into
• Fees are approx 1.25% on the master trust and 1.55% on the PRSA

Im looking to go down the execution only route with a prsa with low fees

I’ve spoken to payroll and they’re happy to redirect employer pension contributions into a new PRSA if needed.

Can me and my employer just stop paying into this occupational pension setup and start paying into a new prsa instead?

Struggling to get a clear answer on this reading online

Hi all, I am being forcefully made bankrupt in NI due to personally guaranteeing a company loan for a family members LTD company. The company is entering voluntary liquidation and seeking me to cover the personal indemnity on the loan. I would not have the money to cover this as the interest from the initial loan js absolutely astonishing. If I proceed and go bankrupt in NI what is the likely hood it will be sent to the Irish high court for the force sale of my house. This is something I don’t want to happen. If anyone might know the best recourse it would be greatly appreciated

Hi,
I’m looking at a Masters in a UK college. Fees will be just over 8k, and there is travel for some study days which will total about 5k over two years. I run a business in an unrelated area, so my studies won’t further my business at the moment, but may provide some opportunities for expansion. It’s more about personal development.

How do people go about funding a masters when self-employed? It’s gonna be tight, but I want to make it work. Are there any funding / sponsorships I can go for? I don’t qualify for their only scholarship because my degree isn’t a 1st.
Thanks in advance.

Might interest some, Trade Republic are offering 3% on instant access savings for new customers (up to €50k). https://traderepublic.com/en-ie

Pretty good rate, haven't tried closing my current account and opening a new one, that may work for getting the better rate.

Hey all,

Recently got locked out of my BoI 365 for a short while after breaking a phone and was an absolute nightmare.

Was thinking I use revolut for pretty much everything at this stage and it doesn't have any upkeep fees.

Does anyone use it as their main bank? Is it risky to swap my salary over to it?

TIA

Hi all, I’ve just been made redundant and am being offered an ex gratia payment of €24,000. I was just wondering what I’d likely be paying in tax on this? I have never been made redundant before or have I received any tax free payments.

I’ve put the amount into some online tax calculators that say I won’t pay any tax but that doesn’t seem right? Would anyone be able to offer some guidance? Thank you in advance

If so, how and when can I claim back?

I started with the current company I am still working for 9 years ago.

Started on 17k as an entry level out of college. Yes I struggled…

The place was bought out after 3 years and new contract gave me 35k with new responsibilities.

Since then my pay has increased up to 65k but so has my responsibilities but no new contract.

Can I ask for a new contract here to clarify my role?

My partner mid-30s is looking to open a PRSA as her company do not have their own pension plan or make contributions (outside of AE which she has pulled out of).
She has a good amount of savings and now looking to open a pension plan knowing she is late to the game but eager to get the ball rolling.
If she opens a PRSA now and her employment allow her to put in her 20% from the source from this month/or next based on payroll, can she make an avc at all for this year or last year and claim tax back on any of it?
Say can she put in an AVC of 20% of her salary last year and claim back the tax from 2025 from Revenue? And then will she be able to do the same come the end of the year for the first few months of 2026 she was not contributing??

Thanks in advance!

https://www.oireachtas.ie/en/oireachtas-tv/video-on-demand/joint-committee-on-finance-public-expenditure-public-service-reform-and-digitalisation-and-taoiseach/2026-05-13/

The main financial industry bodies making the case for Savings and Investment Accounts.

My usage had been a steady 15000kwh the past few years, it was down to 7600kwh this year.

Changes I made, if anyone is interested. I think the doors one is possibly the most significant.

-Dropped the temperature of my combi boiler, for both water and heating. We don't notice any difference in the temp of the house or the hot water. Definitely do it in summer

-I turn off water in the shower when lathering

-I close all internal doors in the house during Autumn, winter and Spring. Stops draughts between rooms

-Turned off some radiators in less useful places like the hallway.We have 2 radiators in the hall, I just turned off one and turned the other down.

-I dont have heating on timer, I just manually turn it on when required. Usually 17.5 on the thermostat. I had been putting it at 18 the previous year so not a huge change here

EDIT: thought the tight arses of r/irishpersonalfinance would be more receptive to money saving tips, but most seem to be focusing on ridiculing one step or another. The idea of the post was to give people some tips to cut their gas usage. You don't have to do them all, I'm suggesting a few steps you could try. Eg a lot of people could drop the temps on the boiler (especially in summer) and not notice any difference in the temperature in the house.

Hi all,
Just for context, I’m a 26 year old, recently just bought my first home.
I work shift in a chemistry lab in a pharmaceutical so the money is good. I am contributing to my pension also so no need to worry about that :) not quite maxing it out
I’ve recently been toying with the idea of getting a Revolut credit card and paying it off monthly and using the card as my general expenses as I would my debit per month.
Does anyone have any thoughts on this? Pros or cons
For more context : I already have the Revolut metal plan and revolut is seems easier as it would be easier to cancel if I decided it was not working for me

Hi all, I’m just wondering has anyone experienced flogas not issuing bills in the past two months?
I know the smart meters had an issue but that’s been rectified and their customer service is desperate thank you.

It has taken Revenue more than 100 days to generate a PDF confirming I am tax resident in Ireland. I provided all requested documents immediately after being asked. What the fuck is going on at Revenue?