Money Mensch

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


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.


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


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.


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.


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.


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?


It’s your postcode that counts in the City

By Martin Lewis, July 13, 2012

If you are planning a trip away, act now to avoid pain in Spain, getting hustled in Brussels, or breaking the banka in Sri Lanka. If you wait until you go, it will be too late - and the costs can rocket.

Here are my 10 must-knows if you are heading abroad.

1. Cut the cost of car hire by sorting it out well before you leave home


Martin Lewis: Energy price hikes

By Martin Lewis, June 14, 2012

Energy prices are likely on the rise. Yet don't just take my word for it - British Gas has warned customers the price it pays will go up by 15 per cent, and this could push up people's bills by £50 come the end of the year.

While this may seem a way off, many can cut £100s off their bills and prevent hikes by acting now. Here are ten things you need to know:


Martin Lewis: Earn £1000s in One Day

By Martin Lewis, May 17, 2012

Taking a day to work through your finances could be the most lucrative day of the year. So here are my top ten things to try:

● So you wash your work uniform?