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Current version: 3.0.10
Last updated: 2025-12-22
The r/UKPersonalFinance Flowchart v3.0.10
The r/UKPersonalFinance Flowchart v3.0.10 🏁 Start here 🏁
A starting point for your financial planning journey.
Overwhelmed? Don’t worry. Take your time, one step at a time.
Version 3.0.10 last updated: 2025-12-22
A starting point for your financial planning journey…. STEP 2… Yes Ensure you are (auto)enrolled
Ensure you are (auto)enrolle… STEP 3… Build an initial emergency fund
Build an initial emergency f… The latest version of this flowchart is always available at: https://flowchart.ukpersonal.finance https://ukpersonal.finance/flowchart The flowchart is for information only and the authors assume no liability for your actions. This is not financial
advice and should not be taken as such. Always do your own research and make fully informed decisions.
The flowchart is published under the Creative Commons Attribution-NonCommercial-ShareAlike License.
You may freely copy, distribute, adapt, and build upon this work non-commercially, as long as you give
appropriate credit, and license your new contributions under identical terms.
The latest version of this flowchart is always available at:… Do you have any
Do you have any… Make a debt repayment schedule, taking into account interest rates available for savings and debt
Make a debt repayment schedu… Yes Build emergency fund to 3-12 months of outgoings, depending on personal circumstances
Build emergency fund to 3-12… No Focus on:
Focus on:… Focus on:
Focus on:… STEP 4… STEP 5
STEP 5… STEP 7
STEP 7… No Are your
Are your… Save for goals within 5 years:
Save for goals within 5 year… Savings required before
Savings required before… STEP 8
STEP 8… Assess overpayment benefit based on your goals and preferences:
Assess overpayment benefit b… No Yes Do you have any… Yes STEP 6… Review your budget. You are now in a better position to increase your discretionary spending if you wish
Review your budget. You are… Define your financial goals, including the amounts needed and target dates
Define your financial goals,… Create a budget
Create a budget… STEP 1
STEP 1… Seek debt counselling from a reputable charity
Seek debt counselling from a… Make minimum
Make minimum… Insure essentials (car, home, etc). Also consider insurance for life, income, etc
Insure essentials (car, home… Check eligibility for state financial support
Check eligibility for state… Prioritise important bills, eg:
Prioritise important bills,… Do you rely on
Do you rely on… Do you have any debt
Do you have any debt… Overpay debts, focusing on highest interest rates. Refinance to cheaper interest rates if/when available
Overpay debts, focusing on h… Yes I can’t afford to Savings required after
pension access age (~58)
Savings required after… Make long-term investments in low-cost index funds. Select the most tax-efficient investment accounts for your goals and circumstances.
Make long-term investments… No No Text is not SVG – cannot display The latest version of this flowchart is always available at:
The flowchart is for information only and the authors assume no liability
for your actions. This is not financial advice and should not be taken as
such. Always do your own research and make fully informed decisions.
Created by the members of the UKPF Discord.
The flowchart is published under the Creative Commons
Attribution-NonCommercial-ShareAlike
License . You may freely
copy, distribute, adapt, and build upon this work non-commercially, as long
as you give appropriate credit, and license your new contributions under
identical terms.