10k - should I pay off the mortgage or invest in a pension?

[zookeeper]

Hi . I'm a single mum with three dcs aged 47 working p/t and on working tax credits. My only asset is my house worth 190k with a 10k mortgage. I have 10k savings and no debts and also a 4k float for emergencies/redundancies which I try not to touch.

I don't know whether to use the 10k to pay off my mortgage or invest it into a pension. Has anyone got any thoughts on this please?

If it was me, I'd pay off the mortgage and then put some of money that I'd have been paying into the mortgage away every month.

Bump

4k is not an awful lot of money - if you lost your job or the boiler went then you'd burn through it pretty quick. I'd use 4 or 5 k to pay off mortgage and put the rest into an isa so any interest is tax free.
Do you have a work pension?

Don't put it in a pension. Pay off mortgage or have fun. Isas better than pensions.

She is on tax credits, can she have that many savings when claiming benefits?

Pay off the mortgage OP.

Pay off the mortgage then you and the dc will always have a roof over your heads

mortgage and cash ISA. NOT pension