Martin Lewis Warns Brits About Child Trust Fund Scams: Don’t Fall for These Traps!

Money Saving Expert Martin Lewis is urging Brits to be cautious about third-party firms claiming to help recover Child Trust Fund (CTF) money. He warns that thousands of young adults are unaware they are owed an average of £2,212 each, but these companies are charging exorbitant fees for a service that’s easily done for free. This article explains how the CTF scheme works, who is eligible, and how to claim your money directly from HMRC.

Tesco Clubcard Voucher Lifeline: Extend Your Expiring Vouchers Before It’s Too Late

Martin Lewis, the UK’s renowned finance expert, has issued a critical warning for Tesco Clubcard holders. Millions of pounds worth of Clubcard vouchers are set to expire on August 31st. However, there’s a simple trick to extend their validity for two more years. This article provides a step-by-step guide on how to convert your points into vouchers, extend their expiry date, and make the most of your Clubcard savings.

Energy Price Cap Drop: Save Money Now Before It Rises in October

With the energy price cap dropping on July 1st, Money Saving Expert advises taking meter readings and potentially topping up prepay meters to ensure you benefit from the lower rates. While the savings may seem small, they can add up to significant amounts over the year. However, the cap is expected to rise in October, so consider building up credit or looking into fixed deals to avoid future price hikes.

Sainsbury’s Shoppers Can Earn Hundreds of Extra Nectar Points with Limited-Time Promotion

Sainsbury’s is offering a limited-time promotion that allows customers to earn hundreds of extra Nectar points. To participate, customers must opt in via the Nectar app and spend £1 or more at a time in multiple transactions. The promotion runs from May 8 to June 4, 2024, and is available to millions of customers. The number of bonus points earned varies, but customers can potentially earn up to 500 points (worth £2.50). Customers are advised to check their Nectar app for eligibility and ensure their Nectar and Sainsbury’s accounts are linked when shopping online.

Woman Saves £2,000 on Car Insurance Using Martin Lewis’s Tip

Following guidance from Martin Lewis’s Money Saving Expert, a woman named Dawn managed to save nearly £2,000 on her car insurance. Her initial renewal quote was £2,947, but utilizing the Compare+ tool and checking with Direct Line, she secured a quote for £1,027, resulting in a significant saving of £1,946. According to the Money Saving Expert website, the Compare+ tool assists users in identifying the most cost-effective deal, the optimal time to purchase, and potential savings by adding additional drivers to their insurance.

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