Martin Lewis’ easy way to save thousands – ‘such an easy way to save’ | Personal Finance | Finance
The financial journalist and founder of MoneySavingExpert.com said people can’t afford not to take his advice for paying off debt. He explained how to go about it including the best zero percent cards currently available.
This time of year can be depressing especially for people who have got debt.
Britons owed £1,749.9billion at the end of October 2021 up £60billion on the year before, according to The Money Charity.
But financial guru Martin Lewis has a solution for people who are ready to tackle their debt head on.
He said: “When I used to do TV money makeovers, one of the first things I’d do was total someone’s debt.”
READ MORE: Barclays online banking goes down leaving customers without money
There’s no better time than now to get started and face debt head on, he added.
Following his financial advice could save people hundreds, if not thousands, of pounds.
Take John’s story for example – he recently followed Martin’s advice and saved £2,280 over the course of a year.
“Used your site three times to gradually get all my credit card debt to zero percent cards.
“It’s now saving me £190 a month in interest, which I’m using to pay off the debt as quickly as possible.”
According to Martin the best zero percent balance transfer credit cards are:
- Virgin Money, 35 months zero percent
- HSBC, 31 months zero percent
- Sainsbury’s Bank, up to 21 months zero percent
- HSBC, 20 months, zero percent
Martin Lewis is the founder and chair of MoneySavingExpert.com. To join the 7.5 million people who get his free Money Tips weekly email, go to www.moneysavingexpert.com/latesttip.
