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Pension or Reduce Debt?
chooks23
Posts: 8 Forumite
I recently changed jobs and had to wait 3 months before joining the pension scheme with the new company. I have not yet joint as I thought maybe it was better to put the extra cash towards reducing my debt (£15000).
Wondered if anyone had any advice on this, if I should continue with pension or pay off debt, what should be priority?
Many thanks in advance.
Wondered if anyone had any advice on this, if I should continue with pension or pay off debt, what should be priority?
Many thanks in advance.
0
Comments
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Does the company contribute anything to the pension? If not then unlikely to be the better option, otherwise you may need to get the calculator out to work out which "increases your wealth" fastest.0
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