Money Mensch

Don't wait to pay off your debts

By Martin Lewis, December 13, 2012

Don't leave sorting your debts out until January. Do it now.
To help, we are seeing some of the best borrowing rates ever, and opportunities to cut costs for those with poor credit. Plus call centres have shorter queues now than in January.
So here are my top debt-sorting tips, though, of course, the prequel to all this is don’t borrow any more.

1. Debit or credit cards?

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Some final tips for saving on your Chanucah gifts

By Martin Lewis, November 29, 2012

At this time of year many feel the need to trudge around the shops in time for Chanucah. With a little hidden shopping magic (and internet access), a raft of techniques can slash both costs and time.

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How best to invest in your children

By Martin Lewis, November 15, 2012

It is the gift that keeps on giving. Why not give your children money for a savings account to start a nest egg this Chanucah? Then an even better present is to teach them how to ensure it is at the best rate to encourage them on the path to being money-savvy. Sadly children’s savings are not immune from the dire savings rates available right now.

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When is it good to use credit cards?

By Martin Lewis, November 1, 2012

Credit cards are not all bad. The problem is many people think of credit cards as a way to borrow, and that isn’t good. Yet, used right, they are by far the best way to spend. Now is the time to take advantage as Christmas is around the corner, and some plastic gives 5 per cent back on all spending.
Here are the top need-to-knows.

First, neuter the card’s interest-charging ability

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Drive down your car insurance costs

By Martin Lewis, October 22, 2012

Due to a new equality law that comes into play in December, many women face huge car insurance hikes, some as high as £2,000. Yet there is still time to beat it — just.

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How to have a cheaper Chanucah

By Martin Lewis, October 11, 2012

Chanucah is on 8 December this year. Unlike those celebrating Christmas, we at least have the excuse that Chanucah moves dates for our bad budgeting and January skintness, but we still need to prepare well in advance. And let’s be honest, some of us have Christmas obligations too, to friends or works colleagues that are celebrating. Here are my top tips:

Spending Demotivation

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The energy price wars are heating up

By Martin Lewis, September 6, 2012

Energy price hikes are back. The shock announcement by Scottish and Southern Energy (SSE) that it will raise its gas and electricity prices by nine per cent on October 15 is an urgent warning for people to sort their bills now.

SSE trades as SWALEC, Southern Electric, Scottish Hydro and Atlantic - but is a clarion call for every company's energy customers.

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Make yourself attractive to the banks

By Martin Lewis, August 23, 2012

Each credit lender has its own bespoke scoring system when deciding who it lends to.
This means there is no one fixed route to credit attractiveness. Instead, it is about using a series of tricks which will hopefully make you more appealing when applying.

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Your mobile phone could be costing your £100s a year

By Martin Lewis, August 9, 2012

Stop for a moment. Take a look at your mobile. Some view their phones as a shiny little pocket rocket of technology that acts as a mini-computer, while others see it as just a phone. The problem is that too few see it as a household bill that costs £100s a year, which can often be done for a fraction of the cost.
So let’s see if we can ring down some cost changes.

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Drive down the cost of running a car

By Martin Lewis, July 27, 2012

The average cost of running a new car is around £6,000 a year, according to the AA. So it is hardly surprising that the cost of driving is one of the single biggest issues affecting people’s finances today — even after the fuel duty rise has been postponed.
Here are 10 quick tips to reduce the cost of motoring.

l. Is your photocard valid?

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