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@miamijules Aye I think there's definitely arguments both way. If they have immediate credit available to them then I agree with you.

@asuheel24 I'd argue an emergency fund makes even more sense for somebody in substantial debt than somebody without. Somebody without can easily take on credit to resolve financial emergencies, people with significant debt cannot. I'd really keep like £500 aside and easily accessible just in...

@therese1234 A mortgage sits somewhere from 2-6% and you've got a house as collateral on it. Cc debt of 30% with no collateral is an extremely different proposition. You do you dude, I think it's very possible to over optimise and lose sight of the important things, like sleeping at night.

@therese1234 I'm making daft statements but you'd be willing to burden yourself with 30% credit card debt in order to increase the size of an investment fund you're not allowed to touch for 30 years. Also you realise cc debt compounds as well right? CC debt is so much worse than just a...

@therese1234 Would you take out 30% interest rate credit card debt in order to put more money into your pension?

@therese1234 This is just copy paste bollocks, OP has thousands of pounds in debt at 30+% APR which is accumulating right now. Tackling this should be the absolute number 1 priority. I'd have thought that the net worth balance sheets would look very similar with/without paying into pensions in...