Martin Lewis: Are you an overdraft prisoner? How to escape it
The old adage – that banks will lend you an umbrella when the sun shines, and ask for it back when it rains – feels like a modern reality for many with overdrafts.
Martin Lewis: Is it unfair to charge loyal customers more?
Should loyal customers be charged more than new ones? On the surface the answer is a simple no – but nothing is that simple. Many consumer marketplaces function because only some people embrace competition, and we need to work out what happens if we change that.
Martin Lewis – Warning: Energy price comparison savings are WRONG due to the price cap – and how it needs to be fixed
The new energy price cap (following on from the prepay price cap) for millions of customers on a standard tariff will begin on 1 January 2019. It's already been wrongly reported, but there's a bigger worry that it will make the savings on comparison sites wrong.
Martin Lewis: How much should you save for your kids to go to university? (VIDEO)
Update January 2020: We now have a new how much should you save for your child to go to University calculator and my updated parental contribution briefing. Please go there as that’s more up to date than this blog.
This is a warning for parents of all teenagers. Now over 50% of our young people go on to university. And while you commonly hear that you don’t need to pay for that upfront, it’s no longer true - there is a hidden parental contribution.
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Recent Blogs
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Martin Lewis: Is it time to ban unnecessary Christmas presents?
5 December 2022![]()
Update September 2017: It’s eight years since I first braved this subject, expecting a snowstorm of protest. Instead, year after year more join in, like Julia who recently tweeted me, “@MartinSLewis, finally took your advice and told my family I can’t afford Christmas presents. What a weight off my mind. Thank you.” One year even the Archbishop of... -
Martin Lewis: The one thing everyone aged over 66 needs to know
29 November 2022![]()
It is a national tragedy that getting on for a million pensioners, many of whom have been paying into the system for years, are missing out on a critical boost to their income. It's called pension credit, and this year it also means you get an extra £650 to help with energy bills.
