Question: I have just got a new job with a higher salary and was thinking of increasing my repayments on my mortgage. Is it worth it? Or should I just save the extra cash?
Firstly, congratulations on your new job – and the extra cash – Claire.
The answer to your question depends on your circumstances, and what financial demands you face in the medium term and what savings requirements you have.
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures