Caritas, while recognising that the budget is socially sensitive and addresses the needs of the working poor, says that the question as to whether the benefits generated are being adequately divided, and if the rises are enough to deal with the cost of living, remain. Caritas mentioned some of the socially sensitive measures, such as the childrens' allowance, and an increase in benefits for persons with disability and those with mental health problems. It positively noted attempts to address the grave situation of some individuals who depend on private rent and do not have adequate housing. Caritas positively mentioned the raise in rent subsidies, investment in social housing, and other measures that help people struggling to have a roof over their heads. They said that another measure that affects people include the push to eradicate Hepatitis C, as well as investment in the hail in order to improve infrastructure to improve rehabilitation, investment in youth work and the … [Read more...] about Caritas recognises budget as socially sensitive, but questions if enough was done in certain sectors
Childrens allowance budget
Budget 2019: Increase in pensions, children’s allowance; extra day of leave introduced
Pensions have been increased for a fourth year, up to €2.17 per week, or €4.50 per week when considering the COLA. The measure is expected to cost a total of €10 million. Due to the increase, the first €13,434 of pensions will now be tax exempt. Service pensions will also increase by €200, benefitting around 4,500 persons. Bonuses given to persons who did not pay enough contributions to qualify for a minimum pension will increase by €50; while those who paid contributions between one and five years will increase by €200; and those who paid contributions for more than five years will increase by €300. Around 12,500 people will benefit from the measure. The incentive granted to private sectors workers to continue on beyond retirement age (65) will now be extended to the public sector. This extension can only be approved upon request of the worker and the consent on the employer. Fiscal tax incentives extended towards private pensions, … [Read more...] about Budget 2019: Increase in pensions, children’s allowance; extra day of leave introduced
10 summer holiday tricks to teach your children about cash
If you’re a parent then you’re probably thinking a lot about cash this summer. You might be thinking of the £584 you’re likely to spend entertaining the kids with days and meals out, according to the Post Office’s Parents’ Summer Spending report. You might be thinking about the average summer childcare cost, which is now £133 per child per week, according to the Family and Childcare Trust. And you might well be thinking of the price of the average family break, which sees a family of four typically shelling out £3,600, according to M&S Bank. Yes, if you’re a parent, this is an expensive time of year, and it’s not surprising that money’s on your mind. However, it’s important not to overlook the chance to teach your kids about cash during the long summer holiday. After all, research from the Money Advice Service shows 57 per cent of parents agree that they are the single biggest influence … [Read more...] about 10 summer holiday tricks to teach your children about cash
Alaska Legislature adjourns after passing $10.4 billion operating budget
Spending increases from last year as legislators seek to meet public requests The Alaska Legislature adjourned its 2018 session just before 2 a.m. Sunday morning after passing a $10.4 billion state operating budget that funds ferries, health care and everyday services through summer 2019. For the first time in state history, the budget includes significant funding from the Alaska Permanent Fund. “I believe it’s historic that we are using what many refer to as the ‘rainy day account’ for the first time,” said Sen. Lyman Hoffman, D-Bethel, speaking on behalf of the Senate Majority shortly before it voted to approve the budget. The budget now advances to Gov. Bill Walker for consideration. In the Legislature’s final day, which extended past midnight, lawmakers passed a raft of new legislation, including things as varied as a statewide raffle to benefit education and a measure allowing distilleries to serve mixed cocktails. The operating budget is … [Read more...] about Alaska Legislature adjourns after passing $10.4 billion operating budget
No, an allowance does not teach your children how to manage money
Democracy Dies in Darkness Sections Home Try 1 month for $1 Username Sign In Account Profile Newsletters & Alerts Gift Subscriptions Contact Us Help Desk Subscribe Account Profile Newsletters & Alerts Gift Subscriptions Contact Us Help Desk Accessibility for screenreader Get There Perspective Perspective Interpretation of the news based on evidence, including data, as well as anticipating how events might unfold based on past events by Michelle Singletary by Michelle Singletary Email the author May 10 at 1:04 PM Email the author (iStock) I went to live with my maternal grandmother, Big Mama, when I was 4. At 4, I stepped into her financial class. “Big Mama, can we go to McDonald’s?” This question and every other similar request to buy me anything that was not a necessity were met with a money lesson. Every. Single. Time. That is how I learned to be a good money … [Read more...] about No, an allowance does not teach your children how to manage money