Wednesday, 9 February 2011

‘Managing your Money in 2011’

‘Managing your Money in 2011’ Nationwide Personal Finance Public Meetings

In the context of the deep recession and the current challenging economic times, we at the Irish League of Credit Unions are organising a series of nationwide public meetings to provide personal finance advice and guidance to members of the public. These meetings entitled ‘Managing your Money in 2011’ will be taking place across the country in February and March.

Each meeting will be addressed by Frank Conway, the Founder and Director of moneycoach.ie – an independent money advice centre specialising in the area of personal finance, personal budgeting and money management. A representative from the Irish League of Credit Unions will also provide a keynote address regarding the challenges currently facing credit unions and their members.

Each meeting will be chaired by Brendan Keenan of the Irish Independent. Each road-show is open to members of the public to attend, free of charge. However, we want to advise members of the public that numbers are limited at each venue.

This year in particular, many families will struggle to keep their heads above water as they deal with reduced incomes, the introduction of the new universal social charge, cuts in social welfare, and job losses

Managing your money prudently and responsibly in tough financial times is extremely important and we hope that the credit union, through these events, can in some way help individuals and families around the country address any personal finance issues they may have, while offering honest, open advice on personal budgeting and money management.

The ILCU is urging both members of credit unions and non members who find themselves in financial trouble this January and throughout the rest of the year to call in and speak to their credit union. Credit unions are flexible and will work with their members to find a solution to financial difficulties, be it by assisting with budgeting or rescheduling of loan repayments where possible.

By Kieron Brennan CEO