Financial jargon such as APR, equity and compound interest are difficult to understand at the best of times.
Indeed, research shows that many people have difficulties understanding common financial terms, adding up a bill or understanding a pay slip.
MakingCents.ie aims to simplify matters by providing tools to help you understand more about money and financial matters. It is important that when making decisions about finances everyone understands what they are signing up to and are comfortable with their decisions. Makingcents.ie explains in plain English common financial products and the terms and procedures which financial institutions apply. While this website cannot provide specialised money advice, we hope it will help people make informed decisions by equipping them with the right questions to ask and the important things to look out for.
MakingCents.ie is a joint initiative between the National Adult Literacy Agency (NALA) and EBS. In bringing together NALA’s specialist knowledge of adult basic education with the financial and customer expertise of EBS, both organisations are working together to help tackle barriers to financial literacy.
We hope you find this website helpful and we would be delighted to hear any feedback you may have. If you’d like to get in touch please use the form below.