Photo by Sharon McCutcheon / Unsplash Ramit Sethi, a NY Times best seller, is one of my favourite authors. In his bestselling book, he made the big claim — ‘I will teach you to be Rich’. In this important personal finance book, he set out some really important financial lessons…

While this may seem like another bland financial question, it may have real-world consequences. So even if you think retirement is so far in the future that it does not affect you, it is a really important time to understand this topic. When I speak to people about their pensions…

Photo by Yiorgos Ntrahas / Unsplash So you have read my previous blog post on why you bother to invest your money. If you have not read it, follow the link below: Why Should You Bother To Invest? Often when I speak to people about investing, they see it as a middle-aged pursuit of reading the share prices in the…www.diarmaidmcmenamin.com So you now want to invest your money, but the next question is in what? There are multiple…

In another recent blog post, we discussed defined benefit pensions and how they work. I promised that we would also cover Defined Contribution (DC) plans. These are more common and are more flexible than Defined Benefit (DB) Schemes but can also be seen as riskier as the risk of them…

Photo by Claudio Carrozzo / Unsplash Do you ever feel like building true wealth and financial freedom will never happen? Do you look at others who have achieved it and wonder how they got there? They seem so much further ahead of you, the right time has been missed, or…

Are you tired of feeling stagnant in your life? Are you ready for a change but don’t know how to go about it? If so, then this blog post is for you. In today’s post, we will be discussing how to use pain to change your life. Many people view…

What is the difference between safe goals and stretch goals? When it comes to goal-setting, there are two different approaches that you can take: safe goals and stretch goals. Safe goals are challenging but still within the realm of possibility. They push you to step outside your comfort zone but aren’t so ambitious that they seem unattainable. On the other…

We discussed in the last blog what the two main types of pension are (DB vs DC). The more traditional pension plan, i.e. Defined Benefit Schemes, has become increasingly rare. If you have a defined benefits pension, you are likely working in the public sector or have a legacy scheme…