Morgan O'Connell's money column: Finance lessons for kids would help them budget money while growing up
I’m a strong advocate for financial education with the goal of improving financial capability, which is the ability to manage, save, discuss and become more resilient with money.
During this week activities are planned by public, private and not-for-profit organisations to encourage young people to learn and interact with money more effectively. It was headed up by MABS last year in conjunction with schools to give workshops and deliver awareness programmes. Following a survey of 1,400 teenagers during last year’s GMW MABs found:
The Central Bank is reporting that more than 90% of new borrowers are opting for a fixed rate, thus avoiding the rollercoaster of rate rises during the past year. Those who are on tracker rates and standard variable rates would be wise to take a serious look at this now, as the tracker in particular will rise in line with each ECB rate hike.
Probably the most well-known of all the grocery store discounts is the Dunnes Stores €10 off €50 spend vouchers. For those who don’t shop in Dunnes or have been living on another planet, they are, according to the Dunnes’ website, “iconic”. The store gives you a €10 discount voucher every time you spend €50 or more in-store or online, two vouchers for €100 spend and so on up to four vouchers for a €200 spend .
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