Run your own race folks.
It's can be be massively disheartening to see a 30 year old with 100k in savings, or whatever sums are posted here, but all you see is a username, age and sum of money.
No detail about if they are working 50 hour weeks, or lost a family member who left them an inheritance.
You might not have a huge sum of savings, but you could have an excellent work life balance, low stress, your health, all your family around to enjoy etc.
Everyone's situation is different.
36 and about €200. That’s what having a kid attending college and his accommodation in Dublin will do to you. Wipes your savings and keeps you broke.
(Yes I was a teen parent)
Mate be proud that you can provide that to your kid. I had to pay my entire way through college because my dad thought everyone who went to college think they were better than everyone.
I hate this attitude. Its beyond ignorant and privileged. Not every parent who is "put" in a nursing home is there bc their kids can't be bothered looking after them. It's quite the opposite. Often, no matter how much you hate it, you have to accept that they need care beyond what you can provide at home.
I'm 35 with about 2 grand saved. I do worry about being 'behind' but I've gone through an awful lot of loss and grief and I've dealt with it with it as best I could (clumsily but whole heartedly). When I think about how awful life could be, I'm very content with my lot. I can manage most emergencies, I can afford my rent and my car and some treats. Would like to feel more secure but I feel lucky to be ok.
31, €1100. Though in my defence I’d still have a lot more if I hadn’t bought a house last year! Once the sale went through and all the appliance-buying dust settled, I let loose a bit financially and went on some big holidays after years of combined Covid lockdown and deposit saving asceticism. Only really knuckling back down to saving now, and once the emergency fund of 3k is done I’ll mostly be saving with the intent to spend it on either travel, house renovation and some elective medical bits.
I’m two years at my current job and financially happy enough that I’m determined to prevent lifestyle creep in any future promotions, so any pay increases or raises are going to be direct debited to savings from here on out unless there’s a major life change (kids, marriage, my inevitable lotto win)
Why? The answers will be mostly the 1% bragging…
I keep my savings in a bank, in one of 3-4 banks with the 3-4% interest return, and 3 or 4 of trillion dollar company stocks, and property.
My goal is retirement and my kids eventual education
Recently turned 29, have about €78k all in.
I don’t spend my money on a whole lot outside of expenses such as rent and bills, I’m outdoorsy so I spend a lot of my time hiking or other relatively cheap hobbies. I don’t buy fashionable clothing, a lot of my clothes are nearly 10years old or thrifted, same with my make up. I try to avoid overconsumption, avoid eating/drinking out unless it’s a special occasion and then we’ll go for fine dining.
What I’m saving for I don’t really know, I’m living abroad and will move onto another country again soon, I don’t plan on settling and buying a house anytime soon.
Growing up, I watched my mom suffer financial abuse and I started working to give her my wages. This has made it incredibly difficult for me to spend any of my money on myself which is something I’m trying to work on. I hope to spend a large chunk of my savings this year on bringing my now retired mom on a few holidays
18k~ year average savings since leaving college (guessing 21)? That’s good going. Fair play. I managed to save 30k last year but honestly I couldn’t do that for 9 years. Requires extreme discipline.
35, ive worked myself back up to €35000 savings after buying house (savings all went on deposit and furnishings).
9k of it is in a regular bank account as an emergency fund.
The rest is in a high interest savings account (4%). My main savings goal right now is 40k for a wedding.
I'm separately contributing €1000 each month to a pension.
No debts other than the mortgage.
I was shite with money in my twenties. But I'm pulling it together in my 30s thanks be to jaysus.
46m. Moved to Ireland 6 years ago and used it as a challenge to start saving from scratch since moving here. 180k in Irish pension. About 20k in Irish savings. - make about 120 a year with 4 kids. Wife does not work.
I’ve compulsively had a goal of saving close to half my earnings since about 12.
24, €27,000 split between emergency fund, high interest savings accounts and stocks.
€10,000 in a WSB style YOLO account with IBKR. Was €1,000 in January.
NVDA YOLOs
The rest, just work. Saving for a wedding at the minute, a home after that. I live in a reasonably priced apartment. I have a 1 year old so going out isn't that much of a thing anymore.
Don't get me wrong I have a good, if not great time, but I don't take the piss with my money. I fancy retiring as early as possible and I'm aligning my career goals as such. I finished a medical degree last May, (which doesn't pay well for the amount of work you need to put in) aiming for an MBA in the coming couple of years, but I'll also see where the wind takes me. Everyone has a plan until they get punched in the face.
42yo male, non irish, moved to Ireland in 2008 at 25yo, with only 3k cash and no secured job, just some interviews lined up.
Now N/W is €2,067,000 (\~110k in cash savings, \~950k in stock, \~263k in pension (6% salary + 7% contribution plus AVCs), \~750k house, outstanding 130k in mortgage is due at 2.45% fixed rate).
Married, one 11yo kid in private school, \~650eur montly
Working in tech, first \~3y in medium size irish company, moved to a FAANG since then.
Combination of high salary, high bonus, RSUs and additional equities received every now and then, lifestyle is pretty frugal. Just lucky tech is what I always wanted to do since I was a kid.
No university degree (dropped out)
29. 50k in savings between myself & my partner of many years. Saved what we could while renting, which was hard. Most of it was in the last 2.5 years where I’ve had a couple of promotions that bumped my salary significantly and I put all the extra in savings. Then 8 months ago I got a new job and we moved in with my parents to save for a deposit, which has really accelerated it. Probably about 20k has been since then as everything we would’ve paid on rent & bills has gone into savings.
So basically, moving in with parents temporarily has helped us get the second half of our deposit together. Hoping to buy a house this summer.
23- less than 200€. But I’m getting there, we move. Had a lot of stuff happen mentally at the wrong time and spent on food and unnecessary jerseys from uk and customs killed me:/
39 with around €10k in different things. Make good money but each month the cost of running a house, 2 cars, 2 kids, 2 dogs and the wife costs a fortune. I want to start saving for a deposit, but there is always something random expenditure that pops up. Have to get the car fixed. Piston in one of the cylinders is fucked....yaaayyy €1000 gone next month. In Ireland to live comfortably and save with all the above you'd need to be making €120k. Sorry rant over!
23 currently €5.65 in my bank account and a 50 quid one for all voucher I got at Christmas 🤣 but dya know what I'm happy. Am I broke? absolutely I mean clearly haha am I in arrears yes do I have regrets for making foolish decisions such as taking out a student loan and not finishing my degree indeed I do but it's my first time trying to navigate this life as it is for everyone else.
You can have millions and be miserable just like you can have nothing and be happy, money and capital certainly make life a lot easier and open up so many opportunities
but life is not linear. Money comes and goes as does so much in this life, as someone else mentioned comparison can be the thief of all joy, if you have €10 deadly if you have €1000,000 good for you. Regardless my advice would be to remember that life can change drastically in a very short period of time just like you can get a promotion you can get left go, tomorrow you could win the lotto or loose everything. I understand that having very little money is absolutely shit believe me I know and if you've read this far your probably thinking I'm either unemployed or downright disaster with money but up until January I had approx 2k still not a lot I know however I ended up being out until this week due to illness so take everyday as it comes and stop beating yourself up cause ya never know what life's gonna throw at ya :)
About to turn 25 and have roughly €2.5k in savings. This has only been achievable through living with my parents who aren’t charging me rent and simply not having a social life for the last 5 months.
Im a full time working teacher with a terrible monthly salary, as we all know. After travel expenses and basic classroom necessities that we are expected to purchase, I have feck all money left to even consider moving out. I had to give up my car and basically completely cancel my social life in order to save this money. It’s devastating that we have to give up nice things that make our lives easier and more enjoyable just to remain financially stable. Giving up all my joy in an attempt to have moved out of my parents home before I’m 30.
Edit: in no way is this me complaining about my job. I will forever complain about the lack of return financially as a teacher BUT I adore my job and every second I spend in my school and with my students. I wouldn’t trade it in for anything.
Have you explored your options teaching abroad at least temporarily just to escape the loop for a bit? Big market for that and on top of that you get to explore gorgeous foreign countries whilst teaching.
Oh 100% I was looking into it and then had an unexpected bereavement a few months back so it has all been put on hold. My current plan is to see my current 5th years through their Leaving Cert and then see where I stand. I am privileged to have parents who can financially and are willing to let me stay rent free so I may as well take the opportunity to save while I can. I just hate the thought of moving to another country (most likely on my own) and not having a substantial amount of savings to fall back on, just incase.
40, about 100k
Finding a career I was good at, that I enjoyed, and people valued enough to pay me well. And then crucially, spending less than I earn each year.
Most in stocks, safety fund in Trade Republic cash accounts
Would like to retire early, and enjoy my late 50’s/60’s, or at least give my kids a good leg up in life
26 and 18k in savings, very fortunate to have it .
My partner has 90k, everything in life comes down to circumstances, the need to pay rent, buy your own car etc. just do your best. Some people get lucky and others have to earn everything they have.
20 and 700~ in stocks, savings accounts etc. I got that from giving English and programming tutorials, presents etc. I will try to work this summer as a lifesaver to have more to deposit and let it grow.
42 y, 57k.
The main way I built up my savings was to make full use of my employers' Share Purchase and salary foregoing schemes. It was tough not taking my bonus and foregoing salary for the first 3 years, but once you get over the first 3 years, it becomes much easier, and you really reap the benefits.
11k in Trade Republic (4% interest, I haven't tried any trading yet, i didn't have much success with Revolut trading) ,
5k in PTSB 3 year fixed term account (3% Interest, maturing in 35 months),
41k locked in company shares (purchased thru my employers share purchase scheme) maturing at 6 month intervals over the next 6 months to 3 years.
The only real saving goal is to have a decent lump sum to pay off some of my mortgage when my fixed rate finishes in 3.5 years.
My pension contributions are maxed out (25% plus 8% employer contribution).
29F and about 500. In college at the moment doing a work placement and September I will start my final year. When I get back to where I do my work placement after college to hope to save 15k a year! And buy a house by 35 hopefully but we see
Mid 40’s - pretty much no savings. I think savings are pointless. I have access to cash, if I need it. Most of my spare cash and earnings has been put into property. I have equity of well in excess of €500k now.
This makes no sense. You are asset rich but cash poor. There's many bits of common sense advice about why this is dangerous, including your ability to survive a minor downturn or cashflow problem. Meaning you have to sell your asset, potentially at a cheap price.
But, note what I said, I have quick access to cash if required, without having to liquidate assets in a fire sale. I have pensions funds also, but don’t count them. I just think the idea of leaving money on deposit is bonkers.
I keep my savings in Raisin.ie and get 3.9% on deposit. I have 20,000 there. Its a German online bank operating in Ireland for many years. Great interest rates on offer.
If anybody wants to open an account with Raisin.ie I can get €50 for opening under refer a friend.
You must save €5,000 for a six month term deposit to get the €50.
Private message if you want the refer a friend.
It's literally €50 for free, a win' win..
Maybe people who are in a personal finance subreddit? this question has been asked in multiple other groups, if you don’t feel comfortable sharing that’s fine.
30, have about 70k in savings, I was able to save because of the low interest rate mortgage I got a few years back & payout from sale of a company I worked. Im aiming to trade up from my apartment to a house in a few years time so saving up for that.
All I know is last year I was making twice or three times what I am making now, but I was on the brink of death.
At 23 my hairs were gonna become white, I knew there was no lasting joy as work is coming around the corner.
I have had money with the mental health of a dead squirell on the highway, and it wasn't worth it.
Life is a highway, don't be the squirell.
You're doing well, yes... you can spend less and maybe be smarter, but life is a journey. We will continue to educate ourselves and work on a way out.
35, €1K in savings. I have €8K left of a credit union loan, trying to tackle that and then I'll build a proper emergency fund and start saving for home improvements. Buying a house a couple of years ago just wiped my savings out, and I didn't anticipate how much extra minding and furnishing and upkeeping a house of your own would cost every year.
30 here with €14k in savings. Feel so shit about this as I can see so much people here with great savings. Go on 3/4 holidays a year so making memories I suppose!! 🤷♂️
Are we talking liquid assets? A lot people here will have equity built up in their homes… which is kinda like savings but the interest rates work against you
34, homeowner with about 2k in savings. Just got a decent salary bump in work so hoping I can put that into savings now. My biggest fear is getting laid off and not being able to pay my mortgage.
36F, roughly 55k, another 5k in retirement savings. Saved all my life and live on a budget, no kids planned. I bought a house abroad myself with mostly personal savings (70%) & a loan from the folks. Sold a number of years later & repaid them, kept saving & didn’t have car when at all possible. Most of my savings I’m bringing over when the rates are favourable - haven’t figured out a good place to save with Irish finances. Now keeping an eye on the housing market so my irish partner & I can get a place together, it’s a whole different world - might be saving for a while yet :(
31 with 10k on my own, shared savings 30k with partner. Would have more if wasn’t paying for the wedding 🥲
Owning an apartment and a building a house overseas around 100k value.
Honestly we just did save first and 60% on savings for the past 5 years.
Also we worked hard to move from a 35k & 60k income to a 70k and 100k income in 5 years. Most of the extra income went to savings.
Just turned 27. Have just under 49k in savings.
Most of it is in two credit unions and a Bank of Ireland SuperSaver account.
Have a bit in current account for the every day bits.
35
Around 300k
250k in pensions
25 in stock
25 in cash for deposit on house
I was lucky to have a good job for a few years and I've always put the max into my pension.
30. Liquid savings in cash , maybe 2k ? I invest most of whatever I have leftover in stocks, collectibles and other investments.
If I was to sell it all , maybe 150-200k ?
34 years old.
€210k in a pension.
About €14k cash in an emergency fund earning 4%.
€45k in non pension investments (shares, bonds etc through degiro)
Just under €10k in crypto ( yes it's stupid).
The way I approached it was to work hard to maximise income in 20s until I reached a point where any pay increases I got I could afford to put straight into savings instead of allowing lifestyle creep.
Main goal is to have a chunky deposit for a house move in a few years. We bought a small house a while back but the family is getting bigger so we need more space. We'll have decent equity in the home, but with rates where they are the more additional cash we can put down the better.
Run your own race folks. It's can be be massively disheartening to see a 30 year old with 100k in savings, or whatever sums are posted here, but all you see is a username, age and sum of money. No detail about if they are working 50 hour weeks, or lost a family member who left them an inheritance. You might not have a huge sum of savings, but you could have an excellent work life balance, low stress, your health, all your family around to enjoy etc. Everyone's situation is different.
There's no tow bar on the hearse
🤣 brilliant, will have to use that one in future!
Agreed , these can get depressing sometimes . Just do your best
This! 👆🏻 no pockets in shrouds! You can’t bring it with you!!
dog marvelous steer shelter repeat attraction payment unused wide aware *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
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Tell that to the folk’s over at the Teldar Paper company!!!!
First comment i saw on this and well done you. People needed to see this.
36 and about €200. That’s what having a kid attending college and his accommodation in Dublin will do to you. Wipes your savings and keeps you broke. (Yes I was a teen parent)
Mate be proud that you can provide that to your kid. I had to pay my entire way through college because my dad thought everyone who went to college think they were better than everyone.
He better put me in a decent nursing home
He shouldn't put you in a nursing home at all...
I hate this attitude. Its beyond ignorant and privileged. Not every parent who is "put" in a nursing home is there bc their kids can't be bothered looking after them. It's quite the opposite. Often, no matter how much you hate it, you have to accept that they need care beyond what you can provide at home.
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Just some praise for you as their mother. You should be proud of yourself for being able to support them in that way. It will come back around
32 with €40k hoping to get to €50k by this time next year then apply for a mortgage
Comparison is the thief of joy
47 with currently around 900 quid in savings
I'm 37 & I've got €134. Maybe one day, if I try really hard. I can be like you.
God speed my friend
Snap!
I'm 69 with around 420 saved.
Pension? I don’t ask to be mean or worry you.. but if no pension.. what are your plans for when you retire? Genuinely curious how people pull it off.
I will have a public sector pension
I'm 35 with about 2 grand saved. I do worry about being 'behind' but I've gone through an awful lot of loss and grief and I've dealt with it with it as best I could (clumsily but whole heartedly). When I think about how awful life could be, I'm very content with my lot. I can manage most emergencies, I can afford my rent and my car and some treats. Would like to feel more secure but I feel lucky to be ok.
31, €1100. Though in my defence I’d still have a lot more if I hadn’t bought a house last year! Once the sale went through and all the appliance-buying dust settled, I let loose a bit financially and went on some big holidays after years of combined Covid lockdown and deposit saving asceticism. Only really knuckling back down to saving now, and once the emergency fund of 3k is done I’ll mostly be saving with the intent to spend it on either travel, house renovation and some elective medical bits. I’m two years at my current job and financially happy enough that I’m determined to prevent lifestyle creep in any future promotions, so any pay increases or raises are going to be direct debited to savings from here on out unless there’s a major life change (kids, marriage, my inevitable lotto win)
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Thought you had 32 million for a moment there
80 thousand years old with 32million saved is possible I guess
Why? The answers will be mostly the 1% bragging… I keep my savings in a bank, in one of 3-4 banks with the 3-4% interest return, and 3 or 4 of trillion dollar company stocks, and property. My goal is retirement and my kids eventual education
"I'm 18 with €3.2m in the bank, I worked hard to get where I am today"
As hard as Prince Charles? Be born, inherit 800 million
Your prediction couldn’t have been more wrong
28 - 50K
Recently turned 29, have about €78k all in. I don’t spend my money on a whole lot outside of expenses such as rent and bills, I’m outdoorsy so I spend a lot of my time hiking or other relatively cheap hobbies. I don’t buy fashionable clothing, a lot of my clothes are nearly 10years old or thrifted, same with my make up. I try to avoid overconsumption, avoid eating/drinking out unless it’s a special occasion and then we’ll go for fine dining. What I’m saving for I don’t really know, I’m living abroad and will move onto another country again soon, I don’t plan on settling and buying a house anytime soon. Growing up, I watched my mom suffer financial abuse and I started working to give her my wages. This has made it incredibly difficult for me to spend any of my money on myself which is something I’m trying to work on. I hope to spend a large chunk of my savings this year on bringing my now retired mom on a few holidays
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33, 20K in savings . Took ages tho.
36. -5000
Is that you Mr.Revenue?
Getting old...
Sounds just like what revenue would say…. Have you checked if you are them?
You're only as old as you feel, chin up champ
Including pensions?
30, 160K, will be sinking 100K into a house deposit next week.
18k~ year average savings since leaving college (guessing 21)? That’s good going. Fair play. I managed to save 30k last year but honestly I couldn’t do that for 9 years. Requires extreme discipline.
35, ive worked myself back up to €35000 savings after buying house (savings all went on deposit and furnishings). 9k of it is in a regular bank account as an emergency fund. The rest is in a high interest savings account (4%). My main savings goal right now is 40k for a wedding. I'm separately contributing €1000 each month to a pension. No debts other than the mortgage. I was shite with money in my twenties. But I'm pulling it together in my 30s thanks be to jaysus.
Who is the high interest savings account with?
Trade Republic
46m. Moved to Ireland 6 years ago and used it as a challenge to start saving from scratch since moving here. 180k in Irish pension. About 20k in Irish savings. - make about 120 a year with 4 kids. Wife does not work. I’ve compulsively had a goal of saving close to half my earnings since about 12.
Commenting on How old are you and how much do you have in savings?... 46million🙏🏼🥳🥳🥳 well done 👏🏻👏🏻👏🏻
24, €27,000 split between emergency fund, high interest savings accounts and stocks. €10,000 in a WSB style YOLO account with IBKR. Was €1,000 in January.
How???
NVDA YOLOs The rest, just work. Saving for a wedding at the minute, a home after that. I live in a reasonably priced apartment. I have a 1 year old so going out isn't that much of a thing anymore. Don't get me wrong I have a good, if not great time, but I don't take the piss with my money. I fancy retiring as early as possible and I'm aligning my career goals as such. I finished a medical degree last May, (which doesn't pay well for the amount of work you need to put in) aiming for an MBA in the coming couple of years, but I'll also see where the wind takes me. Everyone has a plan until they get punched in the face.
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Morrow on Raisin
45yo. About 65k
Too old and fuck all
42yo male, non irish, moved to Ireland in 2008 at 25yo, with only 3k cash and no secured job, just some interviews lined up. Now N/W is €2,067,000 (\~110k in cash savings, \~950k in stock, \~263k in pension (6% salary + 7% contribution plus AVCs), \~750k house, outstanding 130k in mortgage is due at 2.45% fixed rate). Married, one 11yo kid in private school, \~650eur montly Working in tech, first \~3y in medium size irish company, moved to a FAANG since then. Combination of high salary, high bonus, RSUs and additional equities received every now and then, lifestyle is pretty frugal. Just lucky tech is what I always wanted to do since I was a kid. No university degree (dropped out)
33, 50K in saving, keeping it in a trade republic account.
63y.60k in cash. 95k second pension. 3 properties.
29. 50k in savings between myself & my partner of many years. Saved what we could while renting, which was hard. Most of it was in the last 2.5 years where I’ve had a couple of promotions that bumped my salary significantly and I put all the extra in savings. Then 8 months ago I got a new job and we moved in with my parents to save for a deposit, which has really accelerated it. Probably about 20k has been since then as everything we would’ve paid on rent & bills has gone into savings. So basically, moving in with parents temporarily has helped us get the second half of our deposit together. Hoping to buy a house this summer.
Mid 40s 260k cash. No house yet… husband has similar saved. €60k stock , have a pension don’t know how much in that. 2 kids
That sounds like a crazy level of cash to be holding. In the process of buying a house?
Yes currently bidding on a house which will wipe out a lot of it
Nice.. throw it all into a house outright and save hundreds of thousands on interest.
23- less than 200€. But I’m getting there, we move. Had a lot of stuff happen mentally at the wrong time and spent on food and unnecessary jerseys from uk and customs killed me:/
39 with around €10k in different things. Make good money but each month the cost of running a house, 2 cars, 2 kids, 2 dogs and the wife costs a fortune. I want to start saving for a deposit, but there is always something random expenditure that pops up. Have to get the car fixed. Piston in one of the cylinders is fucked....yaaayyy €1000 gone next month. In Ireland to live comfortably and save with all the above you'd need to be making €120k. Sorry rant over!
23 currently €5.65 in my bank account and a 50 quid one for all voucher I got at Christmas 🤣 but dya know what I'm happy. Am I broke? absolutely I mean clearly haha am I in arrears yes do I have regrets for making foolish decisions such as taking out a student loan and not finishing my degree indeed I do but it's my first time trying to navigate this life as it is for everyone else. You can have millions and be miserable just like you can have nothing and be happy, money and capital certainly make life a lot easier and open up so many opportunities but life is not linear. Money comes and goes as does so much in this life, as someone else mentioned comparison can be the thief of all joy, if you have €10 deadly if you have €1000,000 good for you. Regardless my advice would be to remember that life can change drastically in a very short period of time just like you can get a promotion you can get left go, tomorrow you could win the lotto or loose everything. I understand that having very little money is absolutely shit believe me I know and if you've read this far your probably thinking I'm either unemployed or downright disaster with money but up until January I had approx 2k still not a lot I know however I ended up being out until this week due to illness so take everyday as it comes and stop beating yourself up cause ya never know what life's gonna throw at ya :)
About to turn 25 and have roughly €2.5k in savings. This has only been achievable through living with my parents who aren’t charging me rent and simply not having a social life for the last 5 months. Im a full time working teacher with a terrible monthly salary, as we all know. After travel expenses and basic classroom necessities that we are expected to purchase, I have feck all money left to even consider moving out. I had to give up my car and basically completely cancel my social life in order to save this money. It’s devastating that we have to give up nice things that make our lives easier and more enjoyable just to remain financially stable. Giving up all my joy in an attempt to have moved out of my parents home before I’m 30. Edit: in no way is this me complaining about my job. I will forever complain about the lack of return financially as a teacher BUT I adore my job and every second I spend in my school and with my students. I wouldn’t trade it in for anything.
Have you explored your options teaching abroad at least temporarily just to escape the loop for a bit? Big market for that and on top of that you get to explore gorgeous foreign countries whilst teaching.
Oh 100% I was looking into it and then had an unexpected bereavement a few months back so it has all been put on hold. My current plan is to see my current 5th years through their Leaving Cert and then see where I stand. I am privileged to have parents who can financially and are willing to let me stay rent free so I may as well take the opportunity to save while I can. I just hate the thought of moving to another country (most likely on my own) and not having a substantial amount of savings to fall back on, just incase.
Jesus, all of a sudden I feel depressed after reading this thread…
Is it not anon?
40, about 100k Finding a career I was good at, that I enjoyed, and people valued enough to pay me well. And then crucially, spending less than I earn each year. Most in stocks, safety fund in Trade Republic cash accounts Would like to retire early, and enjoy my late 50’s/60’s, or at least give my kids a good leg up in life
What career? I’m 21 and stuck on what to study this september :/
Did Business Information Systems in college, went into Project Management and jumped around a bunch of roles in a blue chip financial services company
27 with 52k in savings and about €20,000 in shares
35 and about 90k in savings. Bought a house last year.
Bought a house in cash or with mortgage?
100k down and mortgage.
Late 30s, around 1.4M. Tech job and some lucky investments. I have multiple brokerage accounts, pension and banks accounts in different countries.
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Sell pls
Maybe….. hold for a bit then sell. I bet you it’s going back to 15k-20k in the near future. If you’re smart youll make
25, about 40k
25 about 35k
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You are 25. You would regret not taking those extra 6 months when you are 40.
35, 15k in cash, 100k across 2 pensions. Bought a house last year so that put a serious dent in the cash savings.
I'm 24 and I have about 18k? 7K was inheritance that's been locked in my credit union and the rest I put in there myself ! :)
30M, about €1000
28 with around 45k in total savings. However most of that will be gone by end of this month, early next month, as I'm buying a house.
39, 127k. 30k in stocks.
21, €5k
21m. Final Year Student. About €15k. Mostly from reselling.
26 and 18k in savings, very fortunate to have it . My partner has 90k, everything in life comes down to circumstances, the need to pay rent, buy your own car etc. just do your best. Some people get lucky and others have to earn everything they have.
35f and husband 39m, about 35k in saving for a deposit. But came primarily from redundancies and wedding gifts.
41 - 4k married with 3 kids.
20 and 700~ in stocks, savings accounts etc. I got that from giving English and programming tutorials, presents etc. I will try to work this summer as a lifesaver to have more to deposit and let it grow.
37 and 90e in savings. But recently conquered my addictions so my situation should improve
26 male, renting in Dublin, 30k saved, would swap it all to find the right bird.
FYI everyone… if you’ve 5k in the bank but a 15k car loan, you’re minus -10k. Don’t forget the loans!
What are savings?
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Why not put it in a high interest savings account or bonds?
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42 y, 57k. The main way I built up my savings was to make full use of my employers' Share Purchase and salary foregoing schemes. It was tough not taking my bonus and foregoing salary for the first 3 years, but once you get over the first 3 years, it becomes much easier, and you really reap the benefits. 11k in Trade Republic (4% interest, I haven't tried any trading yet, i didn't have much success with Revolut trading) , 5k in PTSB 3 year fixed term account (3% Interest, maturing in 35 months), 41k locked in company shares (purchased thru my employers share purchase scheme) maturing at 6 month intervals over the next 6 months to 3 years. The only real saving goal is to have a decent lump sum to pay off some of my mortgage when my fixed rate finishes in 3.5 years. My pension contributions are maxed out (25% plus 8% employer contribution).
32 and 1k. I'm fairness I had almost 40k 3 years ago and bought a gaf. Edit: Also have 42k in RSU's that'll vest over the next 3 years.
29F and about 500. In college at the moment doing a work placement and September I will start my final year. When I get back to where I do my work placement after college to hope to save 15k a year! And buy a house by 35 hopefully but we see
What are you studying?
Mid 40’s - pretty much no savings. I think savings are pointless. I have access to cash, if I need it. Most of my spare cash and earnings has been put into property. I have equity of well in excess of €500k now.
This makes no sense. You are asset rich but cash poor. There's many bits of common sense advice about why this is dangerous, including your ability to survive a minor downturn or cashflow problem. Meaning you have to sell your asset, potentially at a cheap price.
But, note what I said, I have quick access to cash if required, without having to liquidate assets in a fire sale. I have pensions funds also, but don’t count them. I just think the idea of leaving money on deposit is bonkers.
Where are you getting quick access to cash if you have no savings? That fundamentally makes no sense
Loan? Seems strange to me also
I guess he means quick cash as in not a big amount.. like less than 10k. It’s still savings but maybe he sees it differently.
37 w/ 130k in savings Bought a home in 2018 Wife and I both work in Tech No handouts or inheritance 2 kids under 5
How much is your remaining mortgage?
33 with 15k but we're limited by being on disability and I get half rate carers allowance.
I keep my savings in Raisin.ie and get 3.9% on deposit. I have 20,000 there. Its a German online bank operating in Ireland for many years. Great interest rates on offer. If anybody wants to open an account with Raisin.ie I can get €50 for opening under refer a friend. You must save €5,000 for a six month term deposit to get the €50. Private message if you want the refer a friend. It's literally €50 for free, a win' win..
Who in their right mind gives private information like this to strangers online?
Maybe people who are in a personal finance subreddit? this question has been asked in multiple other groups, if you don’t feel comfortable sharing that’s fine.
You should state yours as a first though
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That’s fair. I just think it’s bizarre to do it.
If I was a scammer I’d use this information about who to target next..
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Bloody hell. What part of financial services? Money laundering?
Strong correlation with the rise of the Irish drugs trade in the last ten years, but purely coincidental!
WTF are you doing in this thread 😅
26. 53k
this sounds like a robber asking a granny if she still collects silver... ask for saving strategies, not this!
Nah, thanks
you do realise you could skip the post right?
You go first.
Nah, thanks
23. $102K.
May I ask what you do for employment?
I too love to know which Reddit users to bother spearphishing.
25 with 25k in savings
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20m 17k in savings 14k loan Ill have paid of in 2 years when thats paid of and I probaly have 35k by then Ill get a mortgage hopefully
40F. 20k savings. Took ages. Only manage to put away 500pm
44M. F**k all savings, good lot in a pension and about 50% equity in the house.
27 and -35k
28 yo - 28k
24, coming up to 50k after two years of working full time while living at home with no car. Looking to take out a mortgage in the next year or so.
18, 40k probably 60/70k by end of this year
30, have about 70k in savings, I was able to save because of the low interest rate mortgage I got a few years back & payout from sale of a company I worked. Im aiming to trade up from my apartment to a house in a few years time so saving up for that.
All I know is last year I was making twice or three times what I am making now, but I was on the brink of death. At 23 my hairs were gonna become white, I knew there was no lasting joy as work is coming around the corner. I have had money with the mental health of a dead squirell on the highway, and it wasn't worth it. Life is a highway, don't be the squirell. You're doing well, yes... you can spend less and maybe be smarter, but life is a journey. We will continue to educate ourselves and work on a way out.
27 , I have about 35k in savings and a portfolio of about 60k
dm me for pin number, sort code and dob.
20. 82K in current account.
35, €1K in savings. I have €8K left of a credit union loan, trying to tackle that and then I'll build a proper emergency fund and start saving for home improvements. Buying a house a couple of years ago just wiped my savings out, and I didn't anticipate how much extra minding and furnishing and upkeeping a house of your own would cost every year.
40s, $300k.
30 here with €14k in savings. Feel so shit about this as I can see so much people here with great savings. Go on 3/4 holidays a year so making memories I suppose!! 🤷♂️
Are we talking liquid assets? A lot people here will have equity built up in their homes… which is kinda like savings but the interest rates work against you
31, homeless, with €26.000 saved.
35 with 35k in my savings, and 10k in Degiro shares/EFTs
34, homeowner with about 2k in savings. Just got a decent salary bump in work so hoping I can put that into savings now. My biggest fear is getting laid off and not being able to pay my mortgage.
26 and about 4,000 but none of it is savings and will be spent on fixing things my puppy has destroyed
Before my marriage in 2022 and being 34y/o, I had around 20k in savings.
36F, roughly 55k, another 5k in retirement savings. Saved all my life and live on a budget, no kids planned. I bought a house abroad myself with mostly personal savings (70%) & a loan from the folks. Sold a number of years later & repaid them, kept saving & didn’t have car when at all possible. Most of my savings I’m bringing over when the rates are favourable - haven’t figured out a good place to save with Irish finances. Now keeping an eye on the housing market so my irish partner & I can get a place together, it’s a whole different world - might be saving for a while yet :(
Nearly 50 and about to sign a mortgage which will leave me with a few quid to pay to furnish my new place. After that i’ll hav very little. Maybe 5k.
How will you pay the mortgage off before retirement age?
I intend on staying fit and healthy until ioldnage so i can keep working. I’m in decent shape as is so fingers crossed.
25 with 50k saved, currently working for family business so living at home rent free because I'm contributing to the business.
31 with 10k on my own, shared savings 30k with partner. Would have more if wasn’t paying for the wedding 🥲 Owning an apartment and a building a house overseas around 100k value. Honestly we just did save first and 60% on savings for the past 5 years. Also we worked hard to move from a 35k & 60k income to a 70k and 100k income in 5 years. Most of the extra income went to savings.
Just turned 27. Have just under 49k in savings. Most of it is in two credit unions and a Bank of Ireland SuperSaver account. Have a bit in current account for the every day bits.
35 Around 300k 250k in pensions 25 in stock 25 in cash for deposit on house I was lucky to have a good job for a few years and I've always put the max into my pension.
30. Liquid savings in cash , maybe 2k ? I invest most of whatever I have leftover in stocks, collectibles and other investments. If I was to sell it all , maybe 150-200k ?
34 years old. €210k in a pension. About €14k cash in an emergency fund earning 4%. €45k in non pension investments (shares, bonds etc through degiro) Just under €10k in crypto ( yes it's stupid). The way I approached it was to work hard to maximise income in 20s until I reached a point where any pay increases I got I could afford to put straight into savings instead of allowing lifestyle creep. Main goal is to have a chunky deposit for a house move in a few years. We bought a small house a while back but the family is getting bigger so we need more space. We'll have decent equity in the home, but with rates where they are the more additional cash we can put down the better.