Being smart with your money

Given the new economic reality, almost everyone is looking for new ways to make savings in their personal finances and better ways to manage their household budgets. We hope this guide will provide practical suggestions for day to day expenditure and help you take control of your finances.

Thinking about some of the savings that you could make?
Cut out a magazine a week €3x52=€156
Cut out your daily takeaway coffee €3x260=€780
Bring your own lunch to work €5x260=€1,300

It’s time to take control! - Some ways in which you can save

  • Turn down your thermostat by 1. This will cut your bills by approximately 10%.
  • Select the lowest temperature that is recommended on your washing machine and dishwasher.
  • Always fill your washing machine and dishwasher.
  • ‘A’ rated appliances can use up to 33% less energy than older appliances.
  • Only boil enough water for the hot drinks you are making.
  • Is your roof properly insulated? Up to 30% of the heat in your house can be lost through the roof.
  • Equipment on standby uses 20% of the energy it would when fully on.
  • Visit This site compares broadband, home phone and mobile costs.
  • Trade in your old phone. Trade-ins can be worth €20- €150.
  • Set up a Skype account for international calls.
  • Look up for potential savings on international calls.
  • Cut back on little luxuries
  • Buy a kettle or coffee maker for work or bring a flask
  • Bring your own lunch to work

Check Your House and Contents Insurance

House insurance cover is for the rebuild cost of the house and not the current value of the house. Most rebuild costs are falling so make sure you are not over insured

Why Not Review Your Finances?

  • Take a thorough look at your arrangements
  • Address shortfalls in key areas
  • Prioritise your plans
  • Decide on solutions
Contact Us
Irish Life Call: +353 (0)1 704 1010
Canada Life Call: 1850 203 203
Outside Ireland Call: 01 704 1740


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Irish Life Visitor Centre
Lwr Abbey St
Dublin 1

Mon - Fri: 9am to 5pm

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Irish Life Financial Services ltd. is regulated by the Central Bank of Ireland. Irish Life Assurance plc. is regulated by the Central Bank of Ireland.
Irish Life Financial Services ltd and Irish Life Assurance plc Registered Office - Lower Abbey Street, PO Box 129, Freepost, Dublin 1. Phone: 01 704 2000, E-mail:
Irish Life Financial Services Registered Number 489221. Irish Life Assurance plc Registered Number 152576.
In the interest of customer service, we will record and monitor calls.