All posts filed under: Investing

Freelance work - how does it count for pensions?

Ladies! We strive for workplace equality… what about in retirement?

Read time: 4 Minutes Retirement – for some of us it feels like years away, for many others it can’t come soon enough. No matter what stage of your life you are in, if you aren’t already making plans for how you’re going to fund your golden years then perhaps it’s time to start thinking about it. According to the Irish times, nearly two-thirds of women have found themselves with a much lower pension entitlement than expected. While reasons for this vary and the rule to qualify for a full state pension are complicated, factors such as working abroad, self-employment, being a stay-at-home mother or carer have had a huge impact. The Irish Human Rights and Equality Commission found the gap between men and women’s pensions currently stands at 38%.  However, the existing gender pay gap, along with the fact that a larger percentage of women work part-time or take career breaks due to family commitments, have resulted in women retiring on average with over a third less than men. These statistics show that many Irish …

7 Ways to Cope with Financial Stress

Read time: 4 Minutes Money Anxiety Disorder (with its ominous acronym MAD) is not only a diagnosed condition, for some, it’s a worrying way of life. You could argue it became a national sport in Ireland during the financial crisis and despite the fact the economy has stabilised, it’s important to recognise that not everyone has bounced back at the same rate. Some of us still need help curbing the urge to dwell and get stressed out when it comes to money. The two most important things to note from the get-go are: It’s perfectly natural to worry about money from time-to-time. Even with the best laid financial plans, unforeseen expenses crop up and our regular outgoings can get the better of us occasionally. So, a little worry is par of the course for all of us. There are lots of proven tips and strategies to help relieve the pressure. Stress, while completely understandable, is counterproductive. So, instead of wasting energy focusing on the negative, psychologists recommend tapping into simple, proactive steps that can make …