We have enough money,What should be our first preference Hajj or zakaat and Why?

If one has the financial means to perform Hajj, then Hajj becomes compulsory. If one year has passed on the Zakaatable amount, then Zakaat also becomes compulsory.

It is possible that the one year for Zakaat to be due may expire before Hajj or after Hajj. If it expires before Hajj, then Hajj will be compulsory only if the surplus amount after discharging Zakaat is sufficient to perform Hajj. If the year expires after Hajj, then Hajj has to be performed. If the surplus amount is equivalent to the Nisaab of Zakaat or more, then only Zakaat will be compulsory on that amount. There will be no Zakaat on the amount used for Hajj.

and Allah Ta'ala Knows Best

Mufti Ebrahim Desai