Morning! I was wondering if I could have some advice/pick your financial brains please on 'strategy' for want of a better phrase. BTW if this is in the wrong location, please let me know and I'll ask MN to move it.
After years of nursery fees and maternity leaves, I finally have a little surplus each month after mortage, bills etc. I have a 6 month cushion in an easy access savings account, plus I save towards my tax bill (self employed) in a limited access savings account.
I also have a 0% credit card with just under £10,000 on it, but I have a direct debit to pay down the balance monthly and it will be cleared before the 0% deal runs out.
Please can I ask - is this the right strategy? To save income and earn interest whilst the credit card interest is 0%? And if so, where should I be building those savings? I have just found I have a very small Aviva pension (I have a larger local govt one) which I could pay into going forward? I'm 48 BTW. its set at a medium level risk but I could up that as a gamble?
I don't have an ISA yet (but I don't pay tax on my interest as my savings are so small) - should I?
Any advice would be really gratefully received, as I've previously need a total head in sand person when it comes to finance but now I'm quite enjoying being back in control and would like to make the little I've got work that bit harder for me.
Thank you 😊