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Thinking about what my money goals should be

UserX Posts: 178 Forumite

3 January 2014 at 5:51PM edited 1 April 2014 at 8:01PM in Debt-free wannabe

What should my LT goals be?

Start a regular saving pot for predictable annual spends - Christmas, holidays, school uniforms etc

Build up a 'buffer' in my main account of about £1,500 (around half my monthly cashflow) which will remain there

Save up a pot equivalent to 6 months outgoings as emergency savings

Start paying down my mortgage because it currently stretches until my 70th birthday

Ideally I also need to begin throwing money into some kind of pension fund but I need to get the savings done first - amirite?

I just wonder what other people's approaches/thoughts are with regard to longer-term financial goals and planning.

This discussion has been closed.

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