Subscribe
Subscribe

Ireland's colossal level of indebtedness leaves any new government with precious little room for manoeuvre

Despite strong debt repayments by Irish households and businesses in recent years, Ireland remains the second most highly-indebted country in the developed world after Japan. Dan White weighs up the costs of this debt

At last count, Irish households owe a total of €151.2bn — and that’s down 5pc on the year before 

Dan White

Figures published by the Central Bank last week show that Irish households owed a total of €151.2bn at the end of the third quarter of 2015, a reduction of 5pc on the total household debt of €159.5bn a year earlier.

Editor's Choice
Money
More Podcasts
More
Money Talks

Budget 2027: Winners, losers and your bank balance

Budget 2027 is in the books, so it’s time to do some calculations. How much better – or worse – off are we? Has the government done enough to ease Ireland’s cost-of-living crisis? On this episode of Money Talks, host Katie Byrne is joined by Charlie Weston, Saoirse Hanley and Sinead Ryan of the Irish Independent‘s business team to tot up the winners and losers of this year’s major financial shake-up. Money Talks is part of the Trust Project. You can see our ethics policies at independent.ie/ourjournalism The content of this podcast is for information purposes and does not constitute investment advice or recommendation of any investment product. 

30:51
Money Talks

Why is it ‘vulgar’ for a woman to want to be rich?  

Women’s wealth expert Laura Tynan is on a lifelong mission.Having studied finance at University College Cork, she became a chartered accountant and travelled the world, working in the higher end of the financial industry.But she wasn’t satisfied. Having developed a spiritual and strategic relationship with money, Tynan turned her attention to gender pay disparity, declaring that she doesn’t want to live in a world in which women find themselves on the wrong side of money statistics.In conversation on the Money Talks podcast, she raises a pertinent question: why should it be considered crude for a woman to want to make a lot of money?“My mom stayed at home, my dad went out to work, so growing up I saw that dynamic,” she notes. “Nothing wrong with it, but it was just very evident that dad manages the money and mom stays home and takes care of the kids.“Now, I always knew that I wanted to be rich. And that even sounds vulgar to say, as a woman. But it’s not, right? You have every right to declare you want to be rich. There’s nothing dirty about that word.“I saw my mom not having access to her own funds. I saw her talking to my dad and having to negotiate to even just get money to go to the grocery store. And I thought, ‘I don’t want that for me. I want to have my money. I want to be able to make my own decisions.”On this week’s episode of Money Talks, Tynan explains how she took up that journey, how she’s going about her goal to make her daughter a millionaire one day, why she dropped her Witch of Wall Street persona, and the inner work people can adopt to move towards a positive money mindset.Host: Katie ByrneGuest: Laura TynanMoney Talks is part of the Trust Project. You can view our ethics policies at independent.ie/ourjournalismThe content of this podcast is for information purposes and does not constitute investment advice or recommendation of any investment product.

33:11
The Big Tech Show

'Burn it to the ground' — Mark Little on the future of social media

When Mark Little sold his news verification startup Storyful to Rupert Murdoch for $25m, he was summoned to the Australian’s New York office. “Let’s go make some f***ing money,” Murdoch told him, according to Little.In this week’s episode of the Big Tech Show, the former RTE anchorman-turned-entrepreneur talks in depth about his time running Twitter in Ireland, his challenges as a startup founder and what he thinks about the future of social media and AI. https://www.independent.ie/service/why-you-can-trust-the-irish-independent/a/98708550.html

58:46
Money Talks

Money Makeover: 'We earn €80k combined and don’t know where the money goes’

Every month on Money Talks we step away from in-depth how-to guides and entrepreneurial journeys to delve into the personal side of personal finance by assessing a case study submitted by the audience. This time around, we’re looking at a young couple with three children, a combined income of €80,000 and major worries about long-term earnings. “Money doesn’t have to be a point of anxiety for households,” says financial expert Cian Carolan as he and host Katie Byrne run the rule over how to go about reducing stress and the steps that can take the fear out of managing a household budget. “If they were to sit down and honestly drill into the granular details of where their money goes, it would surprise them – but it’s all fixable.” Money Talks is part of the Trust Project. You can view our ethics policies at independent.ie/ourjournalism The content of this podcast is for information purposes and does not constitute investment advice or recommendation of any investment product 

26:02
Latest Video
More
Video

Union leader says there could be ‘pathway’ to talks as hundreds of thousands take part in strike

Public sector union chief Kevin Callinan has said there may be a “pathway to talks” if Expenditure Minister Jack Chambers moves away from “brinkmanship”.Speaking at pickets outside the Mater Hospital this morning, he said the “ball is now firmly in the government’s court” after earlier calling for an intervention by Taoiseach Micheál Martin to appoint an “honest broker” to resolve the dispute.

0:44

ePaper access

Available to Premium+ subscribers
NewslettersPuzzlesCompetitionsSubscriber ExclusivesOur JournalismNewspaper ArchivesContact Us
Settings
Colour theme