Martin Lewis says making one simple change to your direct debit could save you hundreds each year.
The fantastic money saving tips and tricks Mr Lewis has given his fans in recent years have helped them save a fortune and the latest takes about five minutes to do, reports the MEN.
The MoneySavingExpert.com founder and contributor offers guidance on everything from how to save money on your bills to when to open a Help to Buy ISA.
He has issued some handy advice to make sure you're not losing out on hundreds because of forgotten direct debits.
Speaking on This Morning, Martin explained: "If you bank online, go online look at your direct debits and standing orders and check the things that you're paying in case they're finished or you don't want them any more.
"I'll give you an example which I think sells this very well.
"Becky got in touch with us after I suggested this previously and said 'I moved two years ago, but have just found I was paying a direct debit to my old gym - which is £330 a year.
"And one to my old local wildlife centre - £43 a year. Both are now too far away to visit, and I cancelled a £10 a month phone insurance as my phone is now so old insurance is pointless, and it wouldn't pay it any more.'"
Martin continued: "Those are the types of things you're looking for. It is worth an annual audit of that to go and scope through, see what you find and go 'what am I doing paying for that?!'"
