Hi guys
I'd like some advice/ideas/opinions on handling my finances going forward.
About me. 25 Male, engineer, decent paying job, recently purchased a flat.
In dollars I currently put away per month:
+- $410 into pension
+-$30 into a retirement annuity
+-$200 paying back a loan to my dad
+-$550 homeloan payment
I'm left with about $300 per month. I am tempted to put more money into my mortgage and pay off the flat quicker (interest at 9% p.a. currently). Investing into unit trusts and shares is also appealing...
What would you guys suggest?
regards
Phoenux
I'd like some advice/ideas/opinions on handling my finances going forward.
About me. 25 Male, engineer, decent paying job, recently purchased a flat.
In dollars I currently put away per month:
+- $410 into pension
+-$30 into a retirement annuity
+-$200 paying back a loan to my dad
+-$550 homeloan payment
I'm left with about $300 per month. I am tempted to put more money into my mortgage and pay off the flat quicker (interest at 9% p.a. currently). Investing into unit trusts and shares is also appealing...
What would you guys suggest?
regards
Phoenux