Save it or spend it? That is the question in a new Central Bank study that found the national coffers had been boosted by as much as €7 billion over the last four years thanks to increased tax receipts and reduced interest rates.

The letter considers whether it is better to spend these windfalls each year to give a shot in the arm to the economy, or whether saving the money in the expectation of a rainy day would be a more prudent choice.

Well Ivan spoke with Danny McCoy, the CEO of IBEC, and Eddie Hobbs, author and financial advisor to get their take on it?