The Optimal Order For Investing Your Money

What is the optimal order for allocating your funds when you are just beginning your wealth-building journey in the UK? Brokers I use: Trading 212 Get free fractional shares worth up to £100 with Trading 212 through this link: https://www.trading212.com/join/DAMIEN. Terms apply. This is an affiliate link, I may earn a commission. If you do not get your free share after depositing £1, use promo code DAMIEN. You will find it in the section with the three lines in the bottom right corner of the app. Capital at risk when investing. 📊Lightyear https://bit.ly/4tnvUYj Use code DAMIEN to claim £10-100 in a fractional share or ETF. See full T&Cs through my affiliate link. Capital at risk when investing. ISA rules and promotional terms apply. 💰Freetrade https://bit.ly/47yiQHi Get a free share worth £10-£100 when joining Freetrade via my affiliate link. Terms apply. Capital at risk when investing. InvestEngine https://investengine.com Capital at risk when investing. Help with debt: https://www.stepchange.org/ Other videos you might find useful: Pension: https://www.youtube.com/watch?v=GEDwWhyawpc Emergency Funds: https://youtu.be/KtQqrCNS5zU ISAs: https://youtu.be/3BV7y0Rmius Saving for kids: https://youtu.be/Ib1C3tujEno Mortgage or Invest: https://youtu.be/5X6q4FoucoY Some cheat sheets you might find useful: Index fund cheat sheet: https://financialinterest.com/index-fund-cheat-sheet/ Pension cheat sheet: https://financialinterest.com/pension-provider-cheat-sheet/ DISCLAIMER: Some of these links may be affiliate links. If you purchase a product or service using one of these links, I will receive a small commission from the seller. There will be no additional charge for you. DISCLAIMER: I am not a financial advisor and none of the content on this channel is financial advice. All information is provided for educational/entertainment purposes. If you are making investment or other financial decisions and require advice, please consult a suitably qualified licensed professional. Timestamps: 00:00 - Loads of places 00:28 - Pension Match 02:11 - Emergency Funds 04:13 - High Interest Debt 06:16 - Insurance 07:48 - ISA's 09:55 - SIPP 10:48 - Yourself 11:15 - Kids 11:42 - JSIPP, JISA 13:30 - Mortgage 14:00 - Rolling the dice