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Review my budget: what should we do with an extra £500/month?

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  • enthusiasticsaver
    enthusiasticsaver Posts: 16,060 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    My options if I were you would be split spare income between overpaying pension and repaying debt either on the car loan or mortgage whichever is more expensive. 
    I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

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