Martin Lewis offers insurance advice
Martin Lewis returned last night on his Money Show Live, to share useful information on how to avoid nasty charges when it comes to insurance.
He urged Brits hoping to save cash to ensure they shop around and regularly compare quotes for insurance.
And he urged Brits to ask for a quote at least three weeks before their insurance renewal date.
The MSE took into account 18 million quotes and found on average there was a “sweet spot” that could see your bills dramatically slashed.
“If you are near your renewal, getting quotes three weeks before may half the cost,” Martin explained.
“It bottoms out on average at day 23, and then the prices just start to rise and rise and rise.”
“Everyone needs to get in their diary that 23 days before renewal because that’s the sweet spot.”
Overfilling your kettle can cost you £55 a year
If you are someone who fills your kettle to the brim each time, you could be spending an extra £55 per year.
In order to try and save some pennies you should just fill your kettle to the amount you are going to use.
The more water means the longer the kettle will take to boil – meaning more energy is being used.
Make this simple change and you might have a bit more spare cash.
How to find the cost of living payment?
The payment reference for bank accounts will be the recipient’s National Insurance number followed by DWP COL or HMRC COLS.
For example, if your NI number is JT 83 42 97B your payment will show up as “JT 83 42 97B DWP COLP” or “JT 83 42 97B HMRC COLP” on your bank statement.
