this is basically me, but I also have sorted and consolidated all my bits of pension into a single pot that I am stuffing money into, so am I good or bad?
Replies
If you are earning over say 50k definitely otherwise lifetime ISAS also good (but you are locking cash away until 60.
jul 17, 2025, 2:46 pm • 0 0 • view
ha, I'm over 60. Spending the last half-decade of my working life shoving money into my pension for a) the eventual annuity and b) the tax benefits.
jul 17, 2025, 2:50 pm • 3 0 • view
If you’re using a debit card, bad, but stuffing spare cash into a pension and not stockpiling it is A++
jul 17, 2025, 2:53 pm • 3 0 • view
tbh I'm not sure I'd get a credit card - I suspect my credit score is really low because I have no mortgage or debt, and haven't had for a few years
jul 17, 2025, 2:54 pm • 5 0 • view
I use my credit card about once every three months to keep it active otherwise I'd be in the same boat as you. It's an 'in case of emergency' thing I probably don't need.
jul 17, 2025, 5:57 pm • 1 0 • view
the emergency that credit cards are for is the failure of anything you buy directly with one because they are also responsible for it alongside the retailer.
jul 17, 2025, 6:45 pm • 4 0 • view
Yeah, that’s a risk you’re taking that I couldn’t stomach.
jul 17, 2025, 2:56 pm • 3 0 • view
I got one with basic terms just of Monzo in the hope of getting a better one later. It does help a bit to have last payday accruing interest during the month.
jul 17, 2025, 2:58 pm • 1 0 • view
That but more importantly you have far more protection on purchases over £100, and also you’re not giving online vendors direct access to your bank account.
jul 17, 2025, 2:59 pm • 5 0 • view
It basically tells you if it's likely to reject you before it does a hard credit search and you can bottle it then with no effect.
jul 17, 2025, 2:59 pm • 1 0 • view
What is the issue with a debit card? 🤔
jul 17, 2025, 3:58 pm • 0 0 • view
Any purchases over £100 on a credit card are subject to strict consumer protection. Not only do you lose that on a debit card, but you’re giving people a way to instantly remove actual money from your actual bank account. It’s like going shopping without a financial condom.
jul 17, 2025, 4:20 pm • 6 0 • view
Very, very good
jul 17, 2025, 2:39 pm • 0 0 • view
😁😁😁
jul 17, 2025, 2:49 pm • 0 0 • view