Bob's Blog

Ever wonder how you are penniless at the end of the month and your neighbour who earns less than you is debt free? It may be a combination of factors, but often times we lack the necessary discipline and know-how when it comes along to building a rainy day fund. Here are a few of the most common tips we [...]

There are 3 types of financial advisers in Ireland and you should approach the one that suits your financial needs most. To establish what category a financial adviser falls into, all you need to do is ask what they are regulated as. The categories are as follows: Tied agents: - these agents are usually all about product sales and the advice [...]

ATM and credit card fraud is all too common. Here are a few tips on keeping your details safe, eliminating the possibility of fraud. As soon as you receive a new card, you should: Sign the back of the new card with a ballpoint pen; Confine your new PIN to memory and never disclose it to anyone; Make sure all [...]

There are a number of methods you can apply to reducing debt, each one more suited to a different personality type. No more than getting fit, it’s important to figure out what works for you and stay motivated. That’s where Money Adviser comes in.  The snowball approach: - put your debts in order of size and pay off the smallest first. [...]

All loans have similarities in some way and banks have various guidelines on what’s important before they lend you money. You borrow a certain amount (the principle) for a certain time period (the term) at either a fixed or variable interest rate. Some loans require that the principle is repaid all at once while others stipulate regular installments over the [...]

Kildare’s 150,000 credit union members need to hold their institutions to account, says local financial adviser In the light of last week’s emergency appointment of a ‘Special Manager’ by the Central Bank to Newbridge Credit Union because of liquidity concerns, Bob Quinn of Money Adviser urges the 150,000 members of County Kildare’s 13 credit unions to take a more proactive [...]