Financial Fitness

Financial Fitness for the Agri-Scientist


Take action on your personal finances, that was the key message at the ASA ‘Financial Fitness for the Agri-Scientist’ webinar held on 20 January 2021, in association with FBD. Presentations from FBD financial advisor John Mulholland and John Lowe, otherwise known as The Money Doctor, outlined practical steps everyone can take to ensure that the financial arrangements you have in place suit your needs. This included life cover, income protection, serious illness cover and mortgage protection.
The Money Doctor encouraged people to track their spending for a month in order to find out whether they can cut costs, such as those cups of takeaway coffee, that would help reach that all important savings goal. His message was to “inform yourself, understand the jargon, spend time on your finances, be positive. There is always hope, no matter how bleak.”
With the State pension under review, the topic of pensions received some great questions from attendees.


John Mulholland pointed out that with Ireland’s aging population, the State pension age is going to keep going up beyond the age of 68. With this in mind, the earlier you start saving for your pension, the better he said.
News that banks will start to charge interest on savings accounts, saving for children going to college and having the right mortgage protection cover came up for discussion in the Q&A session at the end.