Master My Balance
By Master My Balance
Ep 39: Barriers to Financial Wellbeing: When Homelessness Shapes Lone Parents’ Financial Lives
In the second half of the conversation, Sarah and Melissashift from the personal stories to the systemic solutions. They explore the remarkable resilience of lone‑parent families, the glaring gaps in Ireland’s homelessness strategy, and concreterecommendations, from ring‑fencing social housing to trauma‑informed court practices, that could break the cycle of chronic homelessness.
Ep 38: Lone Parents and Homelessness in Ireland: Insightful Findings and Policy Recommendations
In this episode of Master My Balance host, Melissa, is joined by Dr Sarah Sheridan, an independent researcher, to discuss her recent Focus Ireland report; Lone Parents and Homelessness in Ireland.
Lone parents make up the majority of homeless families in Ireland, but the reasons go far beyond individual choices. Together, Melissa and Sarah unpack the scale of lone parenthomelessness, how it is measured, and what every day financial life looks like for families living with housing insecurity.
The conversation explores poverty before homelessness, pathways into housing loss, childcare barriers, and the constant trade-offs lone parents are forced to make just to get by, highlighting the structural pressures that shape these experiences.
What you’ll learn:
• Who is counted in Irish homelessness statistics and why the official monthly figures miss many vulnerable families.
• The financial realities of lone parents – from welfare‑benefit cliffs and HAP top‑ups to skyrocketing childcare costs.
• How poverty traps and benefit‑income thresholds keep families “stuck”.
• The role of child‑maintenance, the recent reforms, and the stress of family‑court processes.
• Real‑world barriers: childcare access, activation measures, and the stigma that shapes service interactions.
Key take‑aways for anyone interested in financial literacy and well‑being:
• Financial insecurity often predates homelessness, not the other way round.
• “Financial management” isn’t the issue; the lack of adequate income is.
• Effective financial‑well‑being programs must consider benefit‑design, childcare, housing stability, and personal strengths together.
📄 Key Resource Mentioned
Full Report: Lone Parents and Homelessness in Ireland https://www.focusireland.ie/knowledge-hub/research/
🔔Author of Report, Sarah Sheridan, contact details
ResearchGate Profile: https://www.researchgate.net/profile/Sarah-Sheridan-2
Contact email: Sarahsheridanresearch@gmail.com
#LoneParents #Homelessness #IrelandHousing #FocusIreland #SocialWelfare #Childcare #HousingPolicy #PovertyTrap #MasterMyBalance
Ep 37: Neurodiversity, Teens & Financial Skills for Life; From Home to the Workplace
In **Part 2** we continue the conversation with Áine, focusingon the emotional side of money, the impact of losing work identity, and how the **Work & Access Scheme** can fund workplace assessments and neuro‑inclusion training.
✅ What you’ll learn
* When work identity falls away, financial stress spikes –recognise the emotional cues.
* Low self‑esteem often triggers impulse‑spending as a short‑term mood‑boost.
* “Pause‑before‑spend” rules, budget alerts and automatedspending caps break the impulse loop.
* Neuro‑divergent brain wiring (ADHD, dyspraxia, autism) canamplify spending triggers, tailored OT strategies help.
* The **Work & Access Scheme** (launched July 2024) provides up to **€20 000** for employer‑funded neuro‑inclusion training and OT workplace assessments – any size business can apply.
🕒 Chapter markers
19:04 – Personal story: loss of work identity & financial fallout
20:30 – Why low self‑esteem fuels emotional spending
22:45 – The vicious cycle: anxiety → impulse buying →financial stress
25:10 – Neuro‑divergent wiring & spending triggers(ADHD, dyspraxia, autism)
28:00 – Practical coping tools (budget alerts, “pause”rules, apps)
30:40 – Overview of the Work & Access Scheme (launchJuly 2024)
31:55 – Funding details: up to €20 k for neuro‑inclusion training & assessments
34:20 – Employee → OT assessment → reasonable accommodations → funding flow
36:45 – Áine’s coaching for professionals, self‑employed& SMB owners
38:30 – Embedding financial literacy in everyday life &early‑year interventions
40:00 – How to contact Áine
💬 Connect with Áine
• Áine’s website: https://www.radianceconsultinghub.com
• Coaching & assessment contact page: https://www.radianceconsultinghub.com/contact
🔔 Subscribe for more Master My Balance episodes:
▶️https://www.youtube.com/channel/mastermybalance
👍 If the strategies helped you, give this video a LIKE, SHARE it with anyone who could benefit, and let us know in the comments which tool you’ll try first!
#FinancialWellBeing #WorkAccessScheme #NeuroInclusion #MasterMyBalance #OT #Financialliteracy
Ep 36: Health, Identity & Money: An Occupational Therapy Perspective on Financial Well-Being
In this episode of Master My Balance, Occupational Therapist & coach Áine O’Dea (Radiance Consulting) explains how everyday “occupations” – from cooking a meal to topping‑up a Leap Card, are fundamentally linked to brain‑based executive‑function skills and our money habits.✅
What you’ll learn:
* Money management is an **occupational skill** just like dressing or caring for a child.
* Executive‑function deficits (planning, self‑monitoring, working‑memory) drive budgeting problems for people with ADHD, dyspraxia/DCD, autism or depression.
* Simple OT tools – budgeting boards, handheld scanners, smartphone shopping‑list apps, cut cognitive load and anxiety while shopping.
* Early financial‑literacy builds lifelong confidence and self‑efficacy.
* The **Work & Access Scheme** (launched July 2024) can fund up to **€20 000** for neuro‑inclusion training and workplace OT assessments – any size organisation can apply.
🕒 Chapter markers
00:00 – Welcome & intro to Master My Balance
00:45 – What “occupation” really means in OT
02:30 – Mental‑health challenges & everyday finances
04:55 – Executive‑function skills → budgeting, planning, self‑monitoring
07:20 – Practical OT tools for adults (budget boards, scanners, apps)
09:45 – Neuro‑divergent adults (ADHD, dyspraxia/DCD, autism, dyslexia) & money
12:10 – Work & Access Scheme – up to €20 k for workplace training/assessments 14:30 – Teaching money skills to kids as young as 3‑5 (self‑efficacy)
16:55 – Áine’s coaching for professionals, self‑employed & SMB owners
19:04 – *End of Part 1*
💬 Want to work with Áine?
Website: https://www.radianceconsultinghub.com
👍 If this episode helped you, please LIKE, SHARE and COMMENT with your favourite OT tip!
🔔 Subscribe for regular tips and talks on financial well-being and the various factors that can impact it:
▶️ https://www.youtube.com/channel/mastermybalance
#FinancialWellBeing #OccupationalTherapy #NeuroInclusion #MoneyMindset #MasterMyBalance #financialliteracy
Ep 35: New Relationships After Divorce: Cohabitation, Assets & Protecting Your Future
In Part 2 of my discussion with Muriel Walls, we continue the deep‑dive into the financial aftermath of divorce, this time focusing on new relationships, co‑habitation, tax, and succession.
Key take‑aways:
• Cohabitation – who is legally liable after two years together with a child, or after five years without a child
• Cohabitation agreements – how a simple written contract can protect your assets, and allocate responsibility for mortgage, home improvements, or pension rights.
• Remarriage & inheritance – how divorce automaticallyextinguishes spousal succession rights, why a fresh will is a must, and the minimum legal right share (one‑third) for a spouse who later remarries.
• Tax implications – difference between joint assessment vs.single assessment after divorce, the single‑parent child‑care tax credit, and why gifts to a cohabitant are subject to gift‑tax while gifts to a spouse are tax‑free.
• Prenuptial agreements for older couples – why they are now enforceable in Ireland when both parties obtain independent legal advice; practical examples (house, pension, children).
• Life‑insurance & death‑in‑service benefits – updatingbeneficiaries after divorce, how courts may require policies to secure maintenance, and the impact on the estate.
• Trusts & professional trustees – when it makes sense toengage a solicitor or accountant as a trustee and the cost‑benefit analysis beyond the “cost attached”.
• Common regrets – not establishing a rainy‑day fund early,ignoring pension contributions, and failing to update wills & insurance policies.
Resources
Muriel Walls Solicitor – https://www.murielwalls.ie
Timestamps / Chapter Markers
0:00 – Recap of Part 1 & intro to Part 2
1:20 – Cohabitation code basics (2 yr + child, 5 yr no child)
4:10 – Redress scheme & rights of cohabitants
7:00 – Drafting a cohabitation agreement – why it matters
10:45 – Remarriage, succession rights & the one‑third rule
14:30 – Tax: joint vs. single assessment, child‑care tax credit
18:15 – Gift tax on cohabitant vs. spouse
21:40 – Prenuptial agreements for older couples; enforceability
26:00 – Updating life‑insurance & death‑in‑service benefits
29:55 – When to use a professional trustee (cost considerations)
33:40 – Common post‑divorce financial regrets
36:20 – Q&A: “What should I have known before divorce?”
39:00 – Closing remarks & teaser for next episode (Collaborative Practice)
👍Like if you found the tax and co‑habitation advice useful.
🔔Subscribe and turn on notifications for the next episode on collaborative practice.
📤Share with anyone starting a new partnership after divorce – the right paperwork saves money and heart‑ache.
#MasterMyBalance #cohabitation #prenuptialagreement #financialliteracy #financialwellbeing #divorce #collaborativepractice
Ep 34: Life After Divorce: Housing, Money & Rebuilding Financial Security
In Part 1 of a two part episode, host Melissa Boyle sits downwith Dublin‑based family‑law specialist Muriel Walls to unpack the financial steps you should take after a divorce.
What you’ll learn
• Full financial disclosure – the Affidavit of Means and why you need payslips, income summaries, mortgage statement and pension snapshot on the table.
• What to do with the family home – keeping it for theyoungest child, selling it, or buying out the ex‑spouse; how the bank looks only at the money, not the relationship.
• Mortgage & rent logistics – who pays the mortgage if oneparent stays, the other rents, and realistic budgeting for utilities, groceries, and discretionary spend.
• Joint accounts & utility split – practical steps toclose joint bank accounts, re‑assign direct debits, and avoid the “grind” of post‑divorce finance.
• Spousal maintenance – when it’s realistic, the importance ofreturning to work, PRSI contributions, and the gender gap in Irish pension provision.
• Pensions & old‑age pension – why early contributionsmatter, the value of PRSI, and how a stay‑at‑home parent can protect future retirement income.
• Life‑insurance & mortgage‑protection – mandatorypolicies for a new mortgage, the extra peace‑of‑mind of a separate life cover, and the pitfalls of waiting until later in life.
• Wills & Trusts for children – why a fresh will is essential post‑divorce, the basics of a “will‑trust”, appointing two trustees, and the cost‑benefit of using a solicitor as a professional trustee.
Resources
• Muriel Walls Solicitor – https://www.murielwalls.ie
• Citizens Information – guide to Affidavit of Means & single‑parent child‑care tax credit
• Irish Pensions Authority – https://www.pensionsauthority.ie
Timestamps / Chapter Markers
0:00 – Intro & welcome
1:45 – Muriel’s background
3:30 – Disclosure of assets: Affidavit of Means
6:20 – Deciding the fate of the family house
9:45 – Mortgage payment scenarios (stay‑in‑home vs rent)
12:15 – Joint accounts & utility split – step‑by‑step checklist
15:10 – Spousal maintenance realities & return‑to‑work advice
18:30 – Pensions, PRSI & gender disparity
22:05 – Life‑insurance & mortgage‑protection policies
26:00 – Wills, trusts & appointing trustees
30:20 – Professional trustees – cost considerations (END of Part 1)
✅Like
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✅Hit the bell to get notified when Part 2 drops (covering co‑habitation, prenuptial agreements, tax, and long‑term succession planning).
📢Share this video with anyone navigating a divorce – solid finance knowledge makes the painful process a lot smoother.
Ep 33: Fair Deal and Equity Release: What Families Need to Know Before It's Too Late
In this final part of our three part episode with Tom Murray, Tom shines a light on the dark side of equity‑release and “life‑loan” schemes that are heavily marketed but can destroy Fair Deal eligibility. Tom explains the hidden costs, real‑world case studies, and the steps you should take now to protect yourself and your family.
Takeaway – If you (or a loved one) have taken out an equity‑release loan, act immediately: get a professional assessment, explore repayment or transfer options, and put proper powers of attorney in place if required.
Timestamps
0:00 – “The problem then we have with these equity release schemes…”
1:45 – History: equity release predates Fair Deal
3:10 – Compound interest & ballooning balances
5:00 – HSE’s treatment of life‑loans (no mortgage discount)
6:45 – Extreme case: €2 m house + €600k loan →ineligible
9:20 – Why the Nursing Home Loan won’t help with a life‑loan
11:00 – Strategies: early asset transfer, sell & repay, refinance
13:30 – Importance of an enduring power of attorney & financial file
15:40 – Real‑world farmer & business examples
18:00 – Final advice – start the conversation today
Helpful links
🔗Book a free 15‑minute strategy call with Tom www.fairdealadvice.ie/contact
👍 Like this video if you found it useful.
🔔 Subscribe for more financial‑well‑being content.
💬 Comment with your biggest question about the Fair Dealscheme or equity‑release.
📞Need personalized help? Call 086 601 5042 or email advice@fairdealadvice.ie.
#FairDealscheme #financialliteracy #retirementplanning #financialwellbeing #FairDealAdvice #mastermybalance
Ep 32: Fair Deal In Practice: Capacity, Paperwork & What Happens in a Crisis
This is the second, of a three part episode with Tom Murray from Fair Deal Advice. Tom dives into the Nursing Home Loan – the HSE’s tool for deferring the 7.5 %/3.75 % asset charge – and explains when and how it can turn a seemingly unaffordable Fair Deal contribution into a manageable weekly payment.
Key points covered:
Takeaway – If you’re near the asset‑contribution threshold, applying for the Nursing Home Loan can make the Fair Deal scheme viable and protect your estate.
Timestamps
10:25 – Why cash‑savings matter for the asset test
11:40 – Introduction to the Nursing Home Loan
13:00 – How the loan defers the 7.5 % asset charge
14:35 – Example: asset contribution > cost of care
16:20 – Using the loan to drop weekly payment below Fair Deal rate
18:00 – Equity‑release life loans – why they complicate things
20:15 – “You can use the loan for that purpose as well and save quite a bit of money.”
Helpful links
🔗Tom’s fair‑deal advisory service – www.fairdealadvice.ie
👍 Like this video if you found it useful.
🔔 Subscribe for more financial‑well‑being content.
💬 Comment with your biggest question about the Fair Dealscheme or equity‑release.
📞Need personalized help? Call 086 601 5042 or email advice@fairdealadvice.ie.
#NursingHomeLoan #equityrelease #lifeloan #FairDeal #retirementplanning #financialliteracy#financialwellbeing #mastermybalance
Ep 31: Fair Deal Explained: How Longterm Care is Funded in Ireland
In the first of three episodes with Tom Murray, Tom lays thefoundations for anyone who’s ever wondered how Ireland’s Fair Deal scheme can make long‑term care affordable.
Why it matters – Understanding these basics protects your savings, lets you plan ahead, and reduces the stress on familymembers when a care decision becomes urgent.
Timestamps
0:00 – Welcome & intro
1:45 – What is the Fair Deal scheme?
3:30 – Eligibility & “97 % qualify”
5:10 – Care‑needs assessment
6:20 – Income contribution (single vs couple)
7:40 – Asset contribution & disregards
9:00 – Rental income exclusion
9:45 – Example of subsidy
Helpful links
🔗Tom’s advisory service – www.fairdealadvice.ie
📞Call: 086 601 5042
📧Email: advice@fairdealadvice.ie
👍 Like this video if you found it useful.
🔔 Subscribe for more financial‑well‑being content.
💬 Comment with your biggest question about the Fair Dealscheme or equity‑release.
📞Need personalized help? Call 086 601 5042 or email advice@fairdealadvice.ie.
#FairDealscheme #financialliteracy #retirementplanning #financialwellbeing #FairDealAdvice #mastermybalance
Ep 30: Sleep Success Strategies: Tackling Money Worries with Circadian Rhythms and Relaxation Techniques
In this episode of Master My Balance, host Melissa Boyle sits down with Johann Callaghan, the "Sleep Success Coach”. Johann shares why a good night’s sleep is the foundation of health, wealth and overall success.
Key take‑aways:
• The science of the circadian rhythm and why our bodies are wired to sleep when it’s dark.
• How financial stress spikes anxiety at bedtime and sabotages sleep.
• Practical tools: a “Dedicated Worry‑Time” worksheet and the Cognitive‑Shuffle game to quiet the mind.
• Tips for shift‑workers to protect their sleep‑cycle.
• The role of rest (physical, mental & emotional), movement, magnesium and other lifestyle tweaks.
Whether you’re an entrepreneur, a busy parent, or anyone grappling with money worries, Johann's actionable strategies will help you reclaim restful nights and boost daytime performance.
Contact details for Johann below:
https://johanncallaghan.com/
Time Stamps of discussion below:
Time Segment & Key Take‑aways
00:00 – 00:29 Welcome & Guest Intro – Host Melissa introduces sleep coach Joanne Callaghan, noting her roles (author, speaker, workshop leader, aromatherapist).
01:00 – 02:21 Joanne’sStory & Mission – Joanne shares her own sleep struggles, how they led her to aromatherapy, then to a sleep‑coaching business and the book How To Get A Good Night's Sleep.
02:21 – 04:10 Real‑Life Example – Joanne recounts juggling work, study, and home life, illustrating how chronic sleep loss turns you into a “zombie.”
05:15 – 07:00 Technology Overload & Rhythm Disruption – Discussion of information overload, constant notifications, and the need to become aware of habits that sabotage sleep.
07:13 – 10:16 Understanding the Circadian Rhythm – Jo explains the 24‑hour internal clock, its cues (light, food, movement), and why aligning with it is essential for hormone balance, digestion, and detox (e.g., liver detox 1‑3 am).
10:25 – 12:53 Shift‑Work Challenges – How night‑time work flips the body clock, tips for shift workers (light avoidance, blackout curtains, lighter meals, sunglasses, extra self‑care).
13:21 – 15:20 Financial Stress & Sleep – The link between money worries, anxiety, and nighttime rumination; why concerns surface as we lie down.
15:49 – 17:16 The Power of Rest – Rest ≠ nap; it’s micro‑breaks for body, mind, and emotions. Walking, meditation‑walks, and “mental rest” help calm the nervous system.
18:11 – 20:18 Tool #1 – “Dedicated Worry Time” Worksheet – Schedule a specific worry slot (not before bed), write worries, brainstorm solutions, re‑frame absolute thinking.
20:29 – 21:34 Tool #2 – “Cognitive Shuffle” Game – Use a simple alphabet‑by‑country (or similar) exercise to fatigue the brain and promote sleepiness.
21:46 – 22:48 Practical Brain‑Dump – Write a to‑do list before bedtime to off‑load lingering tasks; reduces night‑time mental chatter.
23:04 – 23:46 Stats on Money‑Related Anxiety – 77 % of people report financial worries as a major sleep disruptor (Sleep Foundation data).
24:00 – 25:40 Holistic Lifestyle Boosters – Daily movement (endogenous endorphins), daylight exposure(dopamine & serotonin), magnesium intake (stress‑reliefmineral).
26:01 – 27:31 Red Flags of Sleep Deprivation – Impaired judgement, accident risk, “blood‑alcohol‑like” alertness loss; importance of regular self‑check‑ins.
27:52 – 30:16 Self‑Inquiry Practices – Powerful questions to ask yourself (e.g., “How am I feeling right now?”; “What does my body need?”) to identify triggers and break the worry cycle.
30:36 – 31:07 Where to Find More – Joanne’s online presence (Linktree, LinkedIn, Facebook, Instagram, Patreon) and encouragement to explore her free content and workshops.
👍 Like, Share &Subscribe if this video helped you, smash the 👍button, share it with anyone you think may benefit from it, and hit Subscribefor more legal insights.
📢 Connect with Melissa
Instagram: @mastermybalance
Facebook: @mastermybalance
Direct Access to Barristers: How Barristers Direct is Changing Irish Legal Services
In this episode we sit down with Peter Shanley, SeniorCounsel and Founder of Barristers Direct, to explore how the brand‑new “direct‑access” model is reshaping legal services in Ireland.
👉 What you’ll learn:
The difference between barristers and solicitors in the Irish legal system.
How recent legislation (Legal Services Regulation Act) nowlet’s individuals and companies consult a barrister directly—no solicitor required.
How Barristers Direct removes financial, administrative, and knowledge barriers, letting clients pay one lawyer instead of two and get advice within 10 days.
The full range of matters covered – defamation, family law, divorce, DIY‑divorce, employment disputes, landlord‑tenant, construction, personal injury, criminal defence.
How the service works step‑by‑step: inquiry → legalsecretary intake → payment link → expert barrister match → online consultation.
The impact on financial well-being: early, affordablelegal advice helps people make smarter money decisions, avoid costly litigation, and protect their assets.
🎧 Why this matters for your financial well‑being:
Legal costs are a major hidden expense for many households.By cutting the “double‑lawyer” model, Barristers Direct lowers the price‑gate to professional advice, giving you the knowledge you need to budget, negotiate, and plan with confidence. Whether you’re considering a DIY divorce, a small business dispute, or simply want to understand your rights,this episode gives you the tools to make informed, financially‑savvy decisions.
📞 ContactBarristersDirect• Website: barristersdirect.ie
🔔 Subscribe to Master My Balance for more podcasts & tips on financial literacy, well-being, and practical strategies to protect your money.
#FinancialWellBeing #FinancialLiteracy #LegalAdvice#BarristersDirect #IrelandLaw #AccessToJustice #DirectAccess#LegalCostSavings#DIYDivorce
Timestamps:
Time Segment
00:00 Intro – Whylegal access matters for financial health
01:45 PeterShanley’s background – senior counsel & mediator
03:20 Barristers vs.solicitors – clear differences
05:10 How recent legislation enabled direct access
07:00 What is Barristers Direct? (service overview)
09:45 Barrierssolved – admin, expertise, cost
12:30 Process walk‑through– inquiry to online consult
15:05 Types of cases covered (family, employment, etc.)
18:20 Cost structure– flat fee for initial consult
20:00 AI &technology’s role in modern legal services
22:15 Impact on financial well‑being & literacy
24:30 How to prepare before contacting Barristers Direct
27:00 Q&A –limitations (post‑pleading, legal aid)
Ep 28: What’s coming up in Season 2
Money is only part of the story when it comes to family finances. In this opening episode of Season 2, Melissa sets the scene for a series that explores the real-life factors shaping financial well-being — from relationships and separation to health, care responsibilities, legal systems, and everyday pressures.
Season 2 of Master My Balance looks beyond budgets to understand how family life, systems, and life transitions influence financial security, stability, and choice.
Ep 27: Wrap up of Season 1
In this final episode of Season 1, I take a moment to reflecton the powerful conversations we've had throughout the Master My Balance podcast. This season focused on the often hidden but deeply damaging reality of financial abuse.
From forensic accountants and legal experts to taxconsultants, mortgage specialists, MABS advisors, domestic abuse organisations, and more — each guest brought their own insight to help us unpack the complexity of financial control and its long-term impact.
Ep 26: Part 2: Family Law Meets Insolvency – Protecting Your Financial Future
In this episode we delve into the complex world of family law and insolvency with our expert guest, Eugene McDarby. Navigating the financial aftermath of marital breakdowns, separations, and divorces can be daunting, especially when disagreements arise over finances and property. Eugene sheds light on how insolvency legislation can offer solutions, even when one party is uncooperative. We explore the intricacies of dealing with joint liabilities, the role of family law and insolvency courts, and the importance of seeking early advice. Discover how insolvency arrangements can help individuals maintain their family home, manage debts, and ultimately move forward with a fresh start. Whether you're facing financial challenges or simply curious about the process, this episode offers valuable insights and practical advice for anyone dealing with these difficult situations. Tune in to learn more about how to navigate these challenges and find a path to financial stability.
To find out more about the services Eugene and his business provide, you can access more information on the link below.
https://www.uhyinsolvency.ie/about/
Ep 25: From Debt to Recovery: Eugene McDarby Discusses Personal Insolvency Solutions
In the first of a two part episode, we delve into the world of personal insolvency with expert Eugene McDarby, a seasoned personal insolvency practitioner. Eugene shares his extensive experience in debt negotiation and management, offering insights into the intricacies of personal insolvency legislation in Ireland. He explains the role of a personal insolvency practitioner, distinguishing it from bankruptcy, and highlights the various options available for individuals facing financial difficulties, such as debt restructuring and settlement arrangements. Eugene also addresses common misconceptions about insolvency, the impact on credit ratings, and the support systems in place, including government-backed financial advice vouchers. Join us as we explore the challenges and solutions for those navigating personal financial crises, and learn how insolvency arrangements can provide a fresh start for individuals burdened by debt.
You can reach Eugene directly through his business UHY Insolvency at https://www.uhyinsolvency.ie/
You can also view a short explainer video by Eugene and the Insolvency Service of Ireland which gives a great introduction to Personal Insolvency in Ireland:
Ep 24: Coping with Financial Stress – The Role of Emotional Intelligence
I’m joined by Executive and Emotional Intelligence Coach, Natasha Hughes, to explore how emotional intelligence can help us better navigate financial stress and even financial abuse.
With decades of leadership and coaching experience, Natasha shares powerful insights on how developing emotional intelligence can improve our responses to financialpressure, strengthen our relationships, and support long-term wellbeing.
Here are three key takeaways from our conversation:
🔹 Emotional Intelligence is a Superpower
More than just a soft skill, emotional intelligence helps us recognise and regulate our emotions—especially in high-stress financial situations.
🔹 Empathy is Essential
In an increasingly digital world, empathy remains a crucial human strength forconnection, leadership, and healing.
🔹 It’s a Skill You Can Build
Unlike IQ, emotional intelligence isn’t fixed. Through greater self-awareness and emotional regulation, we can all enhance our ability to cope and make clearer decisions.
You'll find the Link to Natasha's website and further information on the services she provides below:
https://natashahughes.ie/
Ep 23: Part 2 Continuing Our Discussion with MABS: Advanced Debt Solutions and Support
In this episode, we delve into the often-unspoken challenges of financial difficulty and debt with insights from Gwen Harris of MABS, the Money Advice and Budgeting Service. We explore the emotional toll of financial struggles, including feelings of shame and isolation, and discuss the various solutions available to those in debt, from voluntary arrangements to statutory insolvency options like debt relief notices and bankruptcy. Gwen emphasizes the importance of seeking help early and not facing financial challenges alone. We also touch on the unique financial needs of individuals leaving coercive or abusive relationships and how MABS canassist in these situations. Whether you're struggling with debt or simply want to gain better control over your finances, this episode offers valuable advice and resources to help you navigate your financial journey. Tune in to learn more about taking the first steps towards financial well-being and the support available to you.
Ep 22: Part 1: Understanding MABS' Support and Education Initiatives with Gwen Harris
In this episode we delve into the world of financial well-being with our special guest, Gwen Harris, the North Dublin Regional Manager for MABS, the Money Advice and Budgeting Service. With over 30 years of experience, Gwen shares her insights into how MABS supports individualsfacing financial difficulties and empowers them to regain control of their finances. We explore the proactive approaches MABS takes, from financial education in schools to working with employers to promote financial well-being.Gwen also discusses the importance of budgeting, the concept of financial well-being, and practical tips for managing money effectively. Join us as we uncover the tools and strategies to achieve financial stability and confidencein your financial journey.
If you would like to contact MABS, you can find the link to their website below, in addition to their helpline number.
Helpline: 0818 07 2000 https://www.mabs.ie/en/
Ep 21: Mortgage Basics and Beyond: Insights on Loans, Divorce, and Financial Strategies
In today's episode, we delve into the intricate world of mortgages with our expert guest, Mark Atkins, a seasoned professional with over 25 years of experience in the mortgage industry. Mark, who works with Irish mortgage brokers, shares his insights on simplifying the mortgage application process, making it jargon-free and accessible for everyone. We explore the basics of mortgages, including the different types available, the key pillars of mortgage applications, and the role of brokers in navigating the complex landscape of mortgage lending. Mark also sheds light on the challenges faced by individuals going through divorce or separation, offering valuable advice on managing existing mortgages and planning for future financial stability. Whether you're a first-time buyer or dealing with the aftermath of a separation, this episode is packed with essential information to guide you through the mortgage process. Tune in to gain a deeper understanding of how banks assess risk, the importance of maintaining a good credit history, and the steps you can take to secure a mortgage that suits your needs.
I included a link to a review for the Top Mortgage Brokers in Ireland below. Mark and the company he works for are listed in the No.1 spot which doesn't suprise me! If you would like to speak with Mark about a mortgage, you can get him at Mark@yes.ie
Ep 20: Understanding Financial Abuse from a Male Perspective with Men's Aid
In the latest episode of Master My Balance, I had the pleasure of speaking with Andrea from Men's Aid, who shared invaluable insights into the often-overlooked issue of financial abuse experienced by men. With over 16 years of experience in the field, Andrea highlighted the unique challenges faced by male victims and the crucial support Men's Aid provides.
Here are three key takeaways from our conversation:
🔑 Financial Control as a Form of Abuse:
Men often experience financial abuse through restricted access to their own earnings, with abusers controlling bank accounts, taking loans in their names, or demanding additional jobs. This form of coercive control severely limitstheir freedom and options.
🔑 The Importance of Support and Resources:
Men's Aid offers a lifeline through their national helpline, counselling services, and legal guidance. They empower men to explore their options without taking control away from them, providing a safe space to discuss their experiences and plan their next steps.
🔑 Breaking the Silence:
Many men do not recognise financial abuse or feel societal pressure to remain silent. It’s crucial to raise awareness and encourage men to reach out for support. The first step is often the hardest, but organisations like Men's Aid are there to help.
During the conversation with Andrea, I mentioned an article I had read which listeners may be interested in, you'll find the link the Ben Hine's article below.
https://repository.uwl.ac.uk/id/eprint/13077/
Link for Men's Aid - https://www.mensaid.ie/
If you or someone you know is experiencing financial abuse,remember that support is available. Reach out to Men's Aid or similar organisations to start the journey towards reclaiming control and safety.
Ep 19: Review of discussions to date and upcoming episodes
In this episode, I review what we've covered so far in season one of the Master My Balance podcast and discuss what interviews we have in the upcoming episodes.
Ep 18: Part 2 Understanding How Home Finances Affect Students — Insights from a Student Budget Advisor
Our expert guest shares invaluable insights on the importance of communication with educational institutions, the various funding options like the Student Assistance Fund, HEAR, and DARE schemes, and the critical role of access offices in providing tailored support. We discuss the unique experiences of both full-time and part-time students, the impact of financial control at home, and the necessity of planning ahead to ensure a smooth transition into higher education.
Whether you're a student, a parent, or someone interested in understanding the educational landscape, this episode is packed with practical advice and encouragement to help you or your loved ones thrive in college. Tune in to learn how to navigate these challenges and make the most of the resources available!
Ep 17: Part 1 Understanding How Home Finances Affect Students — Insights from a Student Budget Advisor
In the first of a two part interview, I talk with Ruth Killeen, a student budget advisor. Ruth shares invaluable insights on the financial challenges students face today. From understanding the complexities of the SUSI grant system to recognizing the impact of financial abuse, Ruth emphasizes the importance of financial literacy for students.
I've included some important links below for various policies and information which was raised in this interview.
- SUSI Grant: https://www.susi.ie/
- HEAR & DARE Scheme information can be found at the following link: https://accesscollege.ie/
- Information on financial supports for students: https://www.citizensinformation.ie/en/education/third-level-education/fees-and-supports-for-third-level-education/financial-supports-for-students/
Ep 16: Tax Part 2 How separation or divorce impacts your tax
In Part 2 of my interview with Louise O'Sullivan, we examine the impact separation and divorce has on your tax and the options you have. We chat through the single parent child carer tax credits and the eligibility requirements to obtaining this credit.
Louise O'Sullivan is a Chartered Accountant, Tax Consultant and University Lecturer.
Louise has written a few articles to help with managing your taxes, the links to these fantastic articles are below:
https://www.rte.ie/author/1407430-louise-osullivan/
In the link below you'll find another great article by Louise "Building Wealth, Not Worry" in one of the recent Public Affairs Ireland publications.
https://pai.ie/wp-content/uploads/2024/10/PAI-Review-Oct-2024-Issue-Ten-3.pdf
Louise has also provided a link to Revenues information on Tax rates, bands and reliefs;
https://www.revenue.ie/en/personal-tax-credits-reliefs-and-exemptions/tax-relief-charts/index.aspx
Ep 15: Tax Part 1 with Louise O'Sullivan, Chartered Accountant and Tax Consultant
If you want to learn more about your tax and what credits you may be entitled too, then tune in to my chat with Louise. Louise O'Sullivan is a Chartered Accountant, Tax Consultant and University Lecturer.
This is Part 1 of a two part interview with Louise who walks us through the various tax credits and how to avail of them.
Louise has written a few articles to help with managing your taxes, the links to these fantastic articles are below:
https://www.rte.ie/author/1407430-louise-osullivan/
In the link below you'll find another great article by Louise "Building Wealth, Not Worry" in one of the recent Public Affairs Ireland publications.
https://pai.ie/wp-content/uploads/2024/10/PAI-Review-Oct-2024-Issue-Ten-3.pdf
Louise has also provided a link to Revenues information on Tax rates, bands and reliefs;
https://www.revenue.ie/en/personal-tax-credits-reliefs-and-exemptions/tax-relief-charts/index.aspx
Ep 14: Law with Caoimhe Kiernan Part 3
In our final episode with Caoimhe, we discuss;
- the boundaries within which the courts can work,
- the difficulties with child maintenance in Ireland,
- the concept of a 'no fault divorce' in Ireland,
- how society views those experiencing marital difficulties or coercive control.
Ep 13: Law with Caoimhe Kiernan Part 2
This is part 2 of a three part conversation with CaoimheKiernan on the Irish legal system and family law in Ireland.
Ep 12: Law with Caoimhe Kiernan Part 1
Family law is a complex and evolving field that reflects the changing morals and values of society. In this podcast episode, Caoimhe Kiernan, a Law Lecturer from TU Dublin, shared valuable insights into family law, gender equality, and the importance of access to legal resources. This is Part 1 to a number of episodes with Caoimhe.Caoimhe has very kindly provided an outline of support services and areas to seek assistance if you are experiencing any of the issues we discussed in our podcast interview. You'll find all of this information outlined below.
Support services:
- If you are concerned about domestic violence or abuse in your home, you should contact your local Garda station. If you feel in immediate danger, call 112 or 999.
- Women's Aid: Women’s Aid provide free and confidential support to women experiencing domestic violence, family and friends, and professionals supporting victims of abuse. Supports available include:
- National Freephone Helpline 1800 341 900 available 24 hours a day, 7 days a week
- Telephone Interpretation Service on 1800 341 900 available 8am – 8pm, 7 days a week
- An online chat service available 7 nights a week, 7pm – 10pm at womensaid.ie. Also Monday to Friday, 10am – 1pm and Saturday, 12pm – 3pm and Sunday, 11am – 1pm.
- Text service for Deaf and Hard of Hearing women available 7 days a week on 087 959 7980
- A drop-in service is available in Dolphin House Family Law Court in Dublin, Monday to Friday, 9.30am – 12.30pm and 2pm - 4.30pm.
- Rape Crisis Centres: The National Sexual Violence Helpline (also known as the National Rape Crisis Helpline) offers a free, confidential listening and support service for people who have been raped, sexually assaulted, sexually harassed or sexually abused at any time in their lives. Advice and referral to other services will also be provided. Support is available in more than 240 languages through the helpline interpreting service.
- National Sexual Violence Helpline: 1800 778 888, available 24 hours a day, 7 days a week
- Helpline interpreting service: 1800 778 888, available Monday – Friday, 8am – 6.30pm
- Text service for people who are deaf and hard of hearing: 086 823 8443, available Monday – Friday, 8am – 6.30pm
- Online webchat on the Dublin Rape Crisis Centre website, available Monday to Friday, 10am – 5pm, and also from midnight to 3am on Tuesdays and Wednesdays
- Safe Ireland: Safe Ireland has up-to-date information on the location of local domestic violence support services and refuges in Ireland and their contact details.
- Website: https://www.safeireland.ie/
- Men's Aid: Men’s Aid Ireland (formerly known as Amen) provides a confidential helpline, a support service and information for men and their families experiencing domestic violence.
- Confidential national support line on (01) 554 3811, 9am – 5pm, Monday to Friday
- Email for confidential support at hello@mensaid.ie
- CARI (Children At Risk in Ireland): CARI has a helpline offering specialised support to anyone affected by child sexual abuse. CARI supports parents, adult survivors, professionals, and the general public.
- Call 1890 924 567, Monday to Friday, 9.00am – 5.00pm
- Stillhere.ie: The Government has an ongoing public awareness campaign on domestic abuse with information and advice on the website stillhere.ie. It has details of support services for anyone experiencing domestic abuse or in fear of domestic abuse in their home.
Where to get information:
- Citizen's Information website: https://www.citizensinformation.ie/en/birth-family-relationships/
Where to get legal assistance:
- Private solicitors in your area
- Free Legal Advice Centres (FLAC): https://www.flac.ie/
- Legal Aid Board: https://www.legalaidboard.ie/en/
Ep 11: Part 2 The Forensic Accountants role in divorce proceedings
In Part Two of our episode with Forensic Accountants Liam and Elaine from Grant Sugrue Accountants, we dive deep into the critical role forensic accountants play during divorce proceedings. Their expertise in valuing assets and understanding tax implications can significantly influence settlement outcomes. If you're navigating a divorce, understanding these financial intricacies can empower you to make informed decisions. Tune in to learn more! You can find the contact details for Liam and Elaine at https://grantsugrue.com/
Ep 10: Forensic Accountants explain their role in the divorce process
In episode 10 of the Master My Balance podcast, forensic accountants Elaine and Liam shed light on their crucial role in divorce proceedings. Their insights reveal how essential it is to have a forensic accountant when navigating complex financial situations during a divorce. You can find the contact details for Liam and Elaine at https://grantsugrue.com/
Ep 9: Family Law with Cynthia Ní Mhurchú
In episode 9 of Master My Balance, barrister and politician Cynthia Ní Mhurchú delves into the complexities of marital asset division in Ireland, explaining that assets go beyond the family home to include income, pensions, and life policies.
She highlights the power of financial discovery, a crucial process for uncovering hidden assets and ensuring fair division during divorce proceedings.
Cynthia addresses the barriers and underscores the importance of legal support in navigating divorce, empowering listeners with knowledge to advocate for their rights.
Finally, Cynthia outlines key steps to secure financial stability post-divorce. From organizing maintenance payments to completing property transfers, taking proactive measures can help pave the way for a brighter, more secure future.
Tune in to this enlightening episode to better understand financial abuse, marital assets, and the path to financial well-being after divorce.
You can find contact details for Cynthia at https://cynthianimhurchu.ie/
Ep 8: Allison Graham, CEO of SDVS joins me to discuss coercive control and delve into financial abuse
Allison Graham, the CEO of Saoirse Domestic Violence Service explains what services they provide and how they can help women experiencing any form of abuse. You can find out more information from their website www.sdvs.ie.
Ep 7: Data protection in Ireland and it's intersection with family law
Our first guest is Eileen Ireland, a GDPR Trainer and Consultant specializing in data protection. Eileen breaks down how data protection intersects with family law, including the unique handling of data access requests in this context. She also shares valuable insights into how data protection impacts both businesses and individuals and what you can do to correct or access data under your data protection rights.
Ep 6: Breaking Free: Sallys Story Part 4
In this episode, we delve into the aftermath of parental alienation accusations and the challenges faced by those navigating the complex terrain of financial and emotional abuse. Sally shares her journey of reaching out to Saoirse Women's Domestic Violence Services, overcoming feelings of embarrassment, and discovering the strength to reclaim her life.
From the struggles of single motherhood, Sally candidly discusses the long-lasting impact of her experiences. Through the ups and downs, she highlights the importance of education and community support in her fight for a brighter future. Join us as we explore resilience, recovery, and the harsh realities of navigating a broken system.
Ep 5: Fighting Back: Sally's Story Part 3
In this episode, Sally details her struggle for justice amidst feelings of isolation and despair. From battling false accusations of parental alienation to juggling full-time work and childcare, she shares how the pressure impacted her mental health.
As she navigates a system that offers little support for victims of abuse, Sally opens up about her darkest moments and the toll it took on her life and family. Tune in for a heartfelt discussion about resilience, the importance of seeking help, and the fight for financial independence while raising children in the midst of chaos.
Ep 4: Invisible Chains: Sally's Story Part 2
In Part 2 of Sally's story, she navigates the complex and painful aftermath of her marriage breakdown. Amidst the chaos, Sally finds solace in pursuing her master's degree, a decision that becomes a beacon of hope and distraction during tumultuous times.
As she takes on the weight of financial responsibility for her four children, she battles her ex's unreliability and escalating demands. Sally's journey takes a turn as she seizes a trainee accounting position, despite the financial risks it entails, aiming for a secure future for her family. The challenges intensify with staggering childcare costs, and the persistent presence of psychological abuse, making each day a new battle for her well-being.
Despite feeling the pressure of overwhelming debt and societal expectations, Sally’s determination only grows stronger. She continues to work diligently through her college courses, grappling with the demands of motherhood and the harsh realities of her financial situation.
Join us as we delve deeper into Sally’s fight for independence, the challenges of navigating post-separation life, and the fierce determination that fuels her journey toward stability and self-empowerment.
Ep 3: The Beginning: Sally's Story Part 1
In this episode, Sally reflects on her early life, starting with her career, financial independence, and the challenges she faced when buying her first home at a young age. As life unfolded, she met her future husband, and soon their different attitudes towards money began to surface. Sally shares the emotional highs and lows of their relationship as it progresses, including their rushed engagement, home purchases, and the sacrifices she made along the way. Tune in to hear how financial control and manipulation started to slowly take hold, laying the foundation for the difficult path ahead.
Ep 2: Understanding Financial Abuse
In this episode of the Master My Balance Podcast, we introduce the often-overlooked issue of financial abuse, a form of coercive control used in intimate partner relationships. Financial abuse can leave victims trapped in a cycle of dependency, with devastating long-term effects on their financial well-being and independence. We explore how this hidden form of abuse manifests, its legal recognition, and the lasting impact it has on victims—both during and after the relationship. Join us as we shed light on this critical topic and discuss the urgent need for better understanding and solutions.
Ep 1: Welcome to the Master My Balance Podcast!
This first episode gives an introduction to the podcast, what it's about and what will be discussed in season 1.