If you have any money left over after paying your bills, clearing your debts, setting aside cash against the unexpected, and meeting your day-to-day living expenses, you are in the fortunate position to take steps to plan for the future. Your two main priorities, in order, should be:
- paying into a pension, because the sooner you start, the better
- building up savings for major expenditure in the future - such as a holiday, putting down a deposit on a house, buying a car, paying for a wedding, or taking an unpaid career break.
