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Should I become a stay-at-home parent and what do I need to be aware of?

Q I’m thinking of stopping work as I feel it’s just not worth it after I pay for childcare, etc. My husband earns a good salary and I think we’d be better off. Is there anything I should be aware of other than the obvious loss of income?

My parents want to gift money to my son What is the most tax efficient way to do this?

Q My son is very lucky as my parents want to give money to me for him when he’s older. They’d like it to be used for college fees, etc. I believe it will be about €200pm. I heard there is a tax efficient way to do this. Can you point me in the right direction and maybe have a chance of a good return on this money please?

Is it too late to switch my part tracker and part variable mortgage?

Q My mortgage is part tracker and part variable. I have been waiting to see what happens before I switch and/or pay a sum off the mortgage. My initial intention was to pay off the variable part but now I’m not sure. Should I switch my mortgage now or is it too late?

Can you advise me about house insurance?

Q My house insurance premium is constantly on the rise, I’m struggling to maintain it. I’m now questioning its worth because I just spoke with a friend who recently claimed and found their claim was nowhere near what they actually needed to replace the loss. Can you advise?

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