Martin Lewis: Money saving expert wants the British to check their bank accounts today

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To generate enthusiasm before you begin, here is an example of the hundreds of tweets I got after talking about it on This Morning, a few days ago… Louise tweeted: “Literally five minutes on my bank online and found a phone bill, I was paying for a phone I don’t have a plus and a subscription, which I don’t even think that I will receive more! Just cut out about £100 per month! Thank You, Martin!”

Many do not sign up for a film they don’t really need, if they had to pay for it, but for a months trial, then go to cancel when it ends, but at this point that they are accustomed to this and now, get rid of, it means a loss – and we don’t like the loss.The desire of these things is not bouncing back like elastic.

We tend to feel the loss of a service much more powerfully as the joy of his gain in the first place.

So, be brutal with yourself, especially at a time like now.

2. Things that you don’t need, but do want to ask-is it worth it? If not, cancel, or try and find something cheaper. As Jo said: “Sorted out my bills in January and cancelled the gym (I went twice in 2019), saving £300/year. ”

3. Things you absolutely need – can you do it cheaper and get the same. Check if this is a good price online or via comparison sites and consider the bargain.

If this is not a good value to use as an incentive to switch, whether it is energy bills, broadband, water bills, or more, of what you can do to save it. Complete help for all people www.moneysavingexpert.com/moneymakeover

Martin Lewis is the Founder of MoneySavingExpert.com. To join the 13 million people who get his free Money Tips weekly email, go to www.moneysavingexpert.com/latesttip



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