saving for insurance

Posted by: Sean | Posted on: January 17th, 2011 | 0 Comments

Car insurance has to be the most dreaded thing to pay every year, at least for me it is. Since I am only driving a few years it still costs me a absolute fortune, not as much as it used to be but still a large enough sum. Every other year up until now I have just taken out a loan and then went straight to the bank and transferred the money into my insurance company, it is so painful having to do that as I don’t get a cent from it! So each year when I pay it off I am delighted to be debt free, and I have decided that this year I am going to change the way I pay for my insurance. Usually I would put some of my own money towards the insurance along with the loan. However, this year I am just going to save for it in full. It will be great this summer to not have a loan hanging over my head, that way, anything I earn from work will go straight to me and I will not feel like I am only working to pay off my loan. The plan at the moment is to save as much as possible, if I can save €100 a week it would be ideal and I should have all the money saved within 5 weeks for the loan. I have already being saving over the past few weeks, but only a bit here and there, the aim for the moment is to just throw all the money into the account and forget about it. My insurance always expires at the start of the summer as that is the time when I first started driving a few years ago, and it is always a bad way to start the summer especially if I have a loan! With a bit of luck, I will be back here on my blog in 5 weeks saying I have hit my target :D

Driving Lessons

Posted by: Sean | Posted on: April 26th, 2009 | 0 Comments

Tomorrow i will be going out on my first driving lesson with a driving instructor. I have however been out before with my dad but now the time has come to get my few lessons to get ready to take the driving test for the full licence.

I am looking foward to taking this lesson because i am eagar to start to drive out on my own. I have also got something that will inspire me to want to learn fast. This week i went and bought a car :D its my first car and at the moment i cannot drive it :( basically because i do not have a full licence and it is now unacceptable to be driving around with a provisional licence.

I have allready been online with various different insurance companys to see what there best quote for me will be. It is not easy trying to get insurance when you car 19! I have however found that the prices vary a lot from company to company. My lowest quote so far for a full year's insurance is about €1,300. Which is not too bad considering my age and i only have the provisional licence.

I looked ahead for next year's insurance for when the time will come for renewal and the price looks better. It drops by about €300 just for the fact that i will be 20, one year seems to make a massive difference, but the way they begin to see it i reckon is that you are no longer a 'teenager' and should be more wise when it comes to driving.

Anyway i have no picture of my car taken yet so when i do i might just post it up here some day.