![]() ![]() “We’re talking over 600,000 people at the moment, who are effectively digitally excluded because they’re not using the internet because they don’t have the skills,” he said. It meant a large portion of the population was excluded from watching GAA matches, the Age Action official said. There is a lot of major matches which would have been available that are no longer available but are on GAAGO.” ![]() Speaking earlier, Mr O’Connor said: “There is a creeping increase in the numbers of things going online. We want more and more people to see hurling being played like it was on Saturday with Cork and Tipp and last week with Clare and Limerick it’ something that should be reviewed.”Īsked about Age Action’s intervention while in Cork on Monday, Mr Martin continued: “I think the games should be free to air… I think hurling would benefit because if we want to continue to brand hurling as one of the great iconic identifiers of Ireland, one of the great games played at a very high quality, we want more people to see it and I think it’s something that should be reviewed for the benefit of hurling itself.” I encourage my students to pay off their cars if they have the cash available because it also reduces the amount you need for emergency funds should you lose your income.“I think they should be free to air - that’s a personal view that I have held for a long, long time. Paying off your car loan helps increase your monthly cash flow to spend on other assets that aren’t depreciating like your vehicle. You can think of it as an investment by saving the amount you would have paid in interest. Stop and ask yourself if you want to pay that much extra cash for the same car. Using a debt payoff calculator with these average numbers for a new car loan with a $700 payment, it would cost $9,008 in interest and take six years and one month to pay off a new car. The average interest rate for new-vehicle loans is an estimated 6.7% in March 2023. Increasing interest rates are keeping average monthly payments above $700. Car dealers are apt at selling us buyers on a low monthly payment versus the total cost of a financed vehicle.īut new cars can lose as much as 20% of their worth in the first year, and they will continue depreciating in value, possibly to the point of having negative equity, or where you owe more on the loan than the value of the car.Īccording to Experian’s State of the Automotive Finance Market Report, the average loan amount financed for a new vehicle was $41,445 and the loan amount for a used car was $27,768 in the fourth quarter of 2022. I’ve personally seen many of my money coaching clients spending more than $1,000 a month on multiple car payments. Car Loan Interest Can Turn Your Budget Upside Down These dollars lower your taxable income and therefore decrease the amount of income tax you pay while increasing your take-home pay.Įven if you don’t have employer-based health insurance, you may have the option of setting up an FSA or HSA through a third-party company. Money to fund your HSAs and FSAs is collected before taxes. If the item is available, it has already been approved for purchase with health account funds. ![]() Over-the-counter drugs such as ibuprofen, cold medicine and allergy medicineĪ fast way to check if a product you are buying qualifies for an HSA or FSA is to search for it on FSA Store or HSA store, even if you buy it at another retailer.Medical supplies like bandages, thermometers and ice packs.Mental health services including therapy and counseling.You might first think of paying for things like doctor visit co-pays, prescriptions or eye contacts.īut I’ve caught so many of my financial education students not using these spending accounts on everyday items such as: Many people know that flexible spending accounts and health savings accounts are a way of setting aside money for out-of-pocket medical expenses.
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