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pension or card payments

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

Comments

  • pmd123
    pmd123 Posts: 238 Forumite
    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.
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