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Life after the getting debt free goal

Just because I like to plan ahead I was wondering,..... Once we get debt free, what's the plan?? What's the most sensible thing to do:

Set up a savings account and get that built up as much as poss
Set up a pension and get that built up as much as poss
Work on getting mortgage free.

Anyone thinking about this yet or got any advice??
*No debts* ;)

Comments

  • Magpie23
    Magpie23 Posts: 65 Forumite
    You should read 'Money or Your Life' by Vicki Robin & Joe Dominguez, it's a wonderful book about acknowledging your own personal and financial worth and how to become financially independant. Obviously, it'll take a while to get there but the principles of making a passive income work for you are good.

    I love reading the Mortgage Free Wanabee Diaries, they're so inspiring and where better to put your money than in your own home? Once I'm Debt-Free that's what I hope to eventually do, so I've got some choice in my future.

    Magpie23
    -x-
    LBM: Oct 2009 When CC debt was £25,000+
    From Aug 2011: Paid: NatWest 1: £1862, NatWest 2: £869 Egg 1: £2188.95Egg 2: £1832 :D
    Total CC Debt: £0 !!
    All thanx to '1 Debt in 100 Days (part 6)'
    "We are all lying in the gutter but some of us are looking at the stars." Oscar Wilde
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