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Redundancy cash - pension or debt repayment?

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Comments

  • kidmugsy
    kidmugsy Posts: 12,709 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    atush wrote: »
    In our case it is as we have 5 bedrooms 3.5 bathrooms and 3.5 reception rooms lol.

    So downsizing to 3 bed 2 bath 2 reception should in theory work.

    Different rules apply for plutocrats. Anyway, what use is half a bath?
    Free the dunston one next time too.
  • kidmugsy
    kidmugsy Posts: 12,709 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    AnotherJoe wrote: »
    The pension uplifting the money idea may still work can't you go back up to 4 years for unused allowance ?Experts ?

    Yes, but you are limited by your earnings in the year of contribution. You can't carry forward earnings from previous years; decades ago you could, but not now.
    Free the dunston one next time too.
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    kidmugsy wrote: »
    Different rules apply for plutocrats. Anyway, what use is half a bath?

    Converting a barn doesnt make you a plutocrat?

    And a half bath is the downstairs powder room. great for spending a penny without going upstairs?

    And was a necessity when I potty trained twins just after moving in?
  • edinburgher
    edinburgher Posts: 14,057 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    atush wrote: »
    Converting a barn doesnt make you a plutocrat?

    It depends how nice the barn is :)
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edinburgher wrote: »
    It depends how nice the barn is :)


    well when I bought it, it was full of turkey sh*t
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