Ask About Wealth

Thinking about starting your own business in Ireland? This video covers the four essential elements every entrepreneur needs to know before taking the leap. Whether you’re just starting out or refining an idea, these key steps will help you lay the foundation for a successful business.

Here’s what we’ll explore:

1. A Proper Business Plan: Why a clear, actionable plan is essential for setting your business up for success.
2. Financing Options: From grants and loans to private investment, discover the best ways to fund your business.
3. Shareholder Agreements: Avoid costly mistakes by setting clear terms for ownership, responsibilities, and conflict resolution.
4. Exit Strategies: Never walk into a room without knowing how to walk out. Learn why planning your exit from day one is critical to long-term success.

Whether you’re launching a side hustle or a full-scale operation, this video will help you navigate the complexities of starting and financing a business in Ireland.

Follow me on Instagram for more tips and updates: @ask.about.wealth

Don’t forget to subscribe to the podcast.

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In Episode 15 of the Ask About Wealth podcast, we welcome Kevin Canning to dive into the world of private investments tailored for high-net-worth individuals.

This episode explores:

• Private vs. Public Markets: Understanding the advantages and unique opportunities in private investments.
• EIS Funds Explained: How Enterprise Investment Schemes (EIS) offer significant tax relief and diversify risk across businesses.
• Balancing Risk and Return: The importance of promoter "skin in the game" and real estate-backed investments in mitigating risk.
• Tax-Efficient Strategies: From 50% tax relief with EIS funds to leveraging 12.5% corporate tax rates for lending businesses.
• Investor Due Diligence: Why working with regulated advisors ensures better oversight and investor protection.

This episode is a must-listen for anyone interested in tax-advantaged investment options beyond the mainstream.

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

Learn More: https://linktr.ee/askaboutwealth

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2024 was full of lessons, Paul shares a quick overview of what he learned about building wealth, managing risks, and staying ahead as a high earner.

Learn more at askaboutwealth.ie

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In Episode 14 of the Ask About Wealth podcast, we explore the surprising ways psychology can influence financial success with psychologist and clinical hypnotherapist Jason O'Callaghan, founder of d4clinic.ie. Together, we uncover insights into the connection between mindset and money,

including:

• The Power of Writing It Down: How putting financial goals on paper can double your chances of success.
• Accountability in Action: Why surrounding yourself with the right people can make or break your financial plans.
• Turning Fear Into Fuel: Overcoming anxiety and rewiring your mindset to embrace calculated financial risks.
• Habits That Drive Wealth: Building daily disciplines to stay focused and committed to your goals.
• Lessons from the Successful: What high achievers and entrepreneurs get right about managing money and mindset.

This episode is packed with actionable advice and psychological strategies to help you master your finances.

You can get in Contact with Jason here:

Website: https://www.d4clinic.ie/

Instagram: https://www.instagram.com/hypnotist_jason_ocallaghan/

TikTok: https://www.tiktok.com/@jasonthehypnotist

Thanks for listening to this week's episode and make sure to tune in again next week for more actionable insights to help you build and preserve your wealth.

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

Learn More Here: https://linktr.ee/askaboutwealth

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In Episode 13 of the Ask About Wealth podcast, Paul welcomes Ger Conroy, founder of Ger Conroy Fitness, to discuss the financial realities of building a thriving business.

From opening his first modest gym studio to managing multiple locations and an academy, Ger shares his journey of balancing passion for fitness with the challenges of managing and growing a business.

This episode focuses on the financial side of entrepreneurship, including:

• Starting out with limited funds and learning to reinvest profits.
• Transitioning from a sole trader to a limited company and the lessons learned along the way.
• Managing business growth during challenging economic times.
• The critical role of professional financial planning.
• Navigating taxation, understanding interest rates, and ensuring long-term financial stability.

Whether you're an aspiring entrepreneur or a seasoned business owner, this conversation provides invaluable insights into the financial hurdles and opportunities on the path to success.

You can get in touch with Ger Conroy and follow them here:

https://www.gerconroy.ie/

https://www.instagram.com/gerconroyfitness

Until next weeks episode, thanks for listening.

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

📱 Book a 1-1 consultation

✉️ Join the newsletter

https://linktr.ee/askaboutwealth

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In Episode 12 of the Ask About Wealth podcast, we confront a subject most prefer to avoid: planning for life’s certainties, including the inevitability of death.

Paul delves into the often-overlooked complexities surrounding retirement funds, inheritance, and succession planning. Joined once again by Aidan McLoughlin, CEO of ITC and author of Pensions, Revenue, Law and Practice, they explore the critical need for proactive estate and pension planning.

This episode unpacks:

• The tax implications of passing on pension assets.
• The importance of writing a letter of wishes for pension trustees.
• Differences in pension treatment for children under and over 21.
• Real-life examples of unexpected complications in succession planning.
• Why making a will and revisiting it regularly is vital.

Whether you’re a high-income earner managing significant assets or just starting your financial planning journey, this episode is a must-listen. Aidan and Paul provide actionable insights to ensure your assets are distributed according to your wishes and that your loved ones are well-protected.

Tune in to learn how thoughtful planning today can prevent challenges tomorrow.

🇮🇪 Helping high earners preserve and grow wealth.

📱 Book a 1-1 consultation

📖 Read the book

🎙️ Listen to the pod

✉️ Join the newsletter

https://linktr.ee/askaboutwealth

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In this episode of the Ask About Wealth podcast, we dive into one of the largest financial decisions most people make, buying a home.

Paul is joined by industry expert Michael to explore how high-income earners in Ireland can maximise their opportunities in the property market. Whether you’re buying your first home, switching for better rates, or investing in property, this episode will equip you with the tools to make smarter financial decisions.

We discuss:

• Is Property Still a Good Investment? Michael shares his seasoned perspective on the Irish property market.
• The True Cost of a Mortgage: Why comparing lenders can save you tens of thousands over the life of your loan.
• Switching Lenders: How much can you really save, and is the process worth the effort?
• Equity Release: Creative uses for equity, from helping children with home deposits to funding unique life goals like surrogacy or education.
• Market Trends: What the arrival of new lenders like Revolut and others means for mortgage rates and competition in Ireland.

The link mentioned in the episode:

https://www.askaboutwealth.ie/mortgage-interest

🇮🇪 Helping high earners preserve and grow wealth.

📱 Book a 1-1 consultation

📖 Read the book

🎙️ Listen to the pod

✉️ Join the newsletter

https://linktr.ee/askaboutwealth

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With the 2025 budget fresh in everyone’s minds, we explore how new tax regulations impact high-income earners, including key adjustments to pension contributions and the increased standard fund threshold. We dive into how these changes could affect long-term wealth accumulation and offer insights for those navigating Ireland’s tax landscape.

Key Highlights:

Budget 2025 Recap: Unpacking the finance bill’s influence on pension contributions

Myth-Busting Property Investment: Does property investment always leads to significant returns?

Mortgages and Financial Freedom: Should you pay off your mortgage early?

Tune in as we discuss how high-income earners can achieve financial security while minimizing tax obligations in a challenging fiscal environment.

🇮🇪 Helping high earners preserve and grow wealth.

📱 Book a 1-1 consultation

📖 Read the book

🎙️ Listen to the pod

✉️ Join the newsletter

https://linktr.ee/askaboutwealth

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The Good, the Bad, and the Ugly of Ireland’s Latest Budget for High-Income Earners

In this episode of Ask About Wealth, we dive deep into the details of Budget 2025, analyzing its real impact on Ireland’s high-income earners. From the slight tax reliefs to unexpected increases in stamp duty.

Key Highlights:

• Discover why high-income earners will still pay the bulk of the nation’s tax, despite relief measures.
• Learn about changes in retirement fund legislation.
• Explore how increased stamp duty affects high-value property owners and what it means for future property purchases.
• Get insights into the expanded Employment Investment Incentive Scheme (EIS) for high earners looking to invest in startups while getting significant tax relief.

This episode is packed with insights into how Budget 2025 affects your bottom line.

🇮🇪 Helping high earners preserve and grow wealth.

📱 Book a 1-1 consultation

📖 Read the book

🎙️ Listen to the pod

✉️ Join the newsletter

https://linktr.ee/askaboutwealth

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In this episode of Ask About Wealth, Paul Overy sits down with Simon Thompson, Certified Financial Planner and co-founder of Accumulus to explore how strategic financial planning can help you achieve financial freedom.

Episode Highlights:

• Holistic Approach: Learn how financial planners focus on the client’s overall goals rather than pushing specific products, ensuring that all financial decisions align with the client’s long-term objectives.
• Fee Transparency: Understand the importance of fee-based planning, where the client pays for impartial advice rather than commissions tied to specific products.
• Client-Centered Planning: Simon explains how financial planners work to uncover what clients truly want to achieve.
• Addressing Financial Fear: Learn how financial planners help clients overcome the fear and inertia that often prevent them from making sound financial decisions.

Join Paul and Simon in this insightful conversation about the real value of financial planning and how it can transform your financial future. Whether you’re curious about how a financial planner can help or looking to refine your current financial strategy, this episode is packed with valuable insights.

🇮🇪 Helping high earners preserve and grow wealth.

📱 Book a 1-1 consultation

📖 Read the book

🎙️ Listen to the pod

✉️ Join the newsletter

https://linktr.ee/askaboutwealth

Hosted on Acast. See acast.com/privacy for more information.