The UK under-30’s step-by-step savings and investment plan

Step 1, pay off any loans (except student loans)

TL;DR:

Step 2, surpass the ‘treading water’ stage and build up 1 months salary in easy access savings

TL;DR:

Step 3, find out if your employer pension scheme matches further contributions

TL;DR

Step 4, the fun part, setup and regularly contribute to ISAs.

TL;DR

Step 5 (optional) start making some alternative and higher risk investments

TL;DR

Some final, general tips.

UK student loans aren’t actually loans.

Build good credit, use a credit card

Buy responsibly. Avoid expensive contracts, try to sell unused belongings and buy second-hand/refurbished where sensible.

Hopefully you found the above helpful! Feel free to contact me if any questions and share with your friends.

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Anthony Collias

Anthony Collias

Co-founder of Stasher and Treepoints, co-host of The Morality Of Everyday Things.