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Martin Lewis' simple admin hack could save you thousands each year
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dailystar.co.ukMartin Lewis has warned Brits they should check their bank accounts for payments they don’t need or have forgotten about to cut costs.The Money Saving Expert explained that knowing the difference between outgoing payment types could save you cold hard cash.You may be paying out for things you never use like TV or music streaming services, book subscriptions, gym memberships and even old insurance policies.Martin said that people who don’t audit their finances are losing money by paying for things they’ve forgotten about.He explained that there are three common payment types: Direct Debit, standing order and recurring payments.He added that people didn’t know their rights when it came to be cancelling which could save them thousands each.
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