Eoin McGee answers: 'I'm a struggling single mum about to receive an inheritance of 150k. How do I make the most of it for me and my three children?'
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Eoin McGee answers: 'I'm a struggling single mum about to receive an inheritance of 150k. How do I make the most of it for me and my three children?'
"I rent my house from the county council and I've never had more than €10,000 in my account before I will be receiving an inheritance of around €150,000. This is a huge amount to me as I have never had more than €10,000 in my account before (a smaller inheritance). I work for myself, just about getting by and paying my taxes. Join the Irish Independent WhatsApp channel Stay up to date with all the latest news"
"I rent my house from the county council and I've never had more than €10,000 in my account before I will be receiving an inheritance of around €150,000. This is a huge amount to me as I have never had more than €10,000 in my account before (a smaller inheritance). I work for myself, just about getting by and paying my taxes. Join the Irish Independent WhatsApp channel Stay up to date with all the latest news"
Tenant of a county council property reports an upcoming inheritance of around €150,000 and notes never having had more than €10,000 in an account previously. The inheritance is described as a huge amount compared with prior savings and a smaller earlier inheritance. The individual reports being self-employed, barely covering living costs while paying taxes. The situation represents a sudden, large increase in personal financial resources relative to a history of limited savings. The person frames the windfall as personally significant given ongoing financial precarity and limited experience managing larger sums.
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