Advice required

A question about : Advice required

Morning All

Just some friendly advice required.
OH and I and Baby FLC are in this current situation:

Mortgage: Ј101,000 - 2.59% interest fixed for two more years
ISA: Ј7,000 1.49% tax free
TSB 5% interest account: Ј1,000

We are currently planning to add a brother or a sister for baby FLC.

My job is uncertain though - likelihood is a choice to take Ј180 per month pay cut - with a lump some of around Ј5500 (two years of pay difference)
Or redundancy.

What do you think I should be doing with the money saved? OP? Likelihood is I will need a new car in the next 12 months.

Any advice is gratefully received!

Best answers:

• Im no expert but with only 8k saved id keep it maby pay 5k of if you can when/if you get the lump sum
  You'll still have 8k as a back up :] for car new baby ect ect
  Good luck