Financial advice helps get savings on track

Michelle O' Donohoe is a clinical nurse specialist in mental health, working for the HSE. She is also a busy mum of three. Her eldest child is in transition year, and she has two little ones aged two and five.

When Michelle was due to go back to work after her third maternity leave, she started to think about balancing work and family life. She wanted to get her finances in order and find a way to ensure she wasn’t working just for the sake of paying childcare. Quality time at home with her children is very important to Michelle and her husband and they are acutely aware of the need to save money for their children’s futures, especially their education.

Initially, Michelle and her partner got in touch with a financial advisor and looked at their income and outgoings to see where they could save money.

They found the advice they got from a financial advisor really helpful, and it gave them the confidence to start saving both short and long term.

Their eldest will be in college in a few years, so they wanted something that matured just around the time he was starting college. They also wanted longer term investments for their younger children.

“It was nice to think that we could get the money to work a little bit better for us and we felt we were more secure to do that once we were advised on how we could do that,” Michelle explained. 

* Michelle O'Donohoe was paid a gratuity for her time in making this video