Money Mensch

Get more bang for you bank

By Martin Lewis, February 7, 2013

2012 was another awful year for banking. Yet far too many sit on their hands complaining without acting, thinking there is little option.
That is not true. There is banking choice out there. Here are the 10 things you need to know.

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Don’t get burnt by existing debt

By Martin Lewis, January 24, 2013

Don’t wait to deal with debt — costs add up and the situation festers. The first step is not to borrow any more, however, just as important is how you deal with the existing debt. So here are my credit card debt-busters:

1. Shift credit card debts to 2-year 0%

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Some hot tips for winter trips

By Martin Lewis, January 10, 2013

If heading off on a winter getaway or planning next summer’s big break, there is a plane-load of ways to keep costs down.

1. Unbeatable rates
The cheapest way to spend in a foreign currency is with specialist overseas credit card. Most plastic expensively adds a 3 per cent load, so spend £100 of euros and it costs £103, plus sometimes extra fees on top.

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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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