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pension or card payments
hickston
Posts: 1 Newbie
Hi,
Just wondering what people think's opinions are.
I pay £134 into a pension every month and that is matched by a company contribution so effectivey nearly £300 into a pension pot and If I understand it properly, I save the tax on that contribution (40%) so its about £80 out of my pay really.
I have £25k card debt though currently on zero 0 but that will expire next year.
Am I better paying £134 off the CC, or, keeping the pension contribution going ?
Thanks
Just wondering what people think's opinions are.
I pay £134 into a pension every month and that is matched by a company contribution so effectivey nearly £300 into a pension pot and If I understand it properly, I save the tax on that contribution (40%) so its about £80 out of my pay really.
I have £25k card debt though currently on zero 0 but that will expire next year.
Am I better paying £134 off the CC, or, keeping the pension contribution going ?
Thanks
0
Comments
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Pension.
Divert other funds to paying off your cc, you could be retired a long time, and you wouldn't want to be penniless, especially when your employer are matching your contribution.0
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