People have been urged to review their Direct Debit payments and cancel any that are no longer needed in a move which could save them hundreds of pounds.
In advice shared in Money Saving Expert, a weekly newsletter founded by Martin Lewis, a financially savvy woman shared how she saved hundreds through the move.
Sarah had emailed MSE, and said: "I've just reviewed my Direct Debits, prompted by MSE, & saved just over £1,000/yr. I used to work for a bank & assumed I'd find no savings, but the review was well worth it.
Thank you." Previously, Mr Lewis had said that people waste ‘thousands’ on unnecessary Direct Debits, Birmingham Live reports.
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