The Optimal Order For Investing Your Money In 2024

What is the optimal order for allocating your funds when you are just beginning your wealth-building journey in the UK?

The brokers I use:
InvestEngine
https://investengine.pxf.io/eKR40z
Get a Welcome Bonus of up to £50 when you invest at least £100 with InvestEngine

Trading 212
https://trading212.com/promocodes/DAMIEN
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.

Vanguard
https://www.vanguardinvestor.co.uk/
This is not an affiliate link

Help with debt:
https://www.stepchange.org/

Other videos you might find useful:
Pension:    • The One Thing You Need To Do Financia...  
Emergency Funds:    • Everyone is wrong about EMERGENCY FUNDS.  
ISAs:    • 5 ISA Mistakes Everyone Is Making (2023)  
Saving for kids:    • Investing for your children UK - Juni...  
Mortgage or Invest:    • Stop Investing And Pay Off Your Mortg...  

Some cheat sheets you might find useful:
Index fund cheat sheet: https://financialinterest.com/index-f...
Pension cheat sheet: https://financialinterest.com/pension...

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