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Liverpool Echo
Liverpool Echo
Kate Lally

Martin Lewis shares 'five minute' trick to save '£100s'

Martin Lewis has shared a "five minute money workout" he says can save many people hundreds of pounds.

The consumer champion continues to provide financial advice as people across the UK struggle to cope with the cost of living crisis. Mr Lewis, who founded Money Saving Expert, regularly shares tips on shows such as Money Show Live, and is about to start a regular hosting slot on Good Morning Britain.

In a weekly email to MSE subscribers on Tuesday, the finance guru told fans it is "time to get a fiscal sweat on".

READ MORE: Martin Lewis issues six day warning over 68p item as he urges people to stock up

He then shared a number of different checks people should make to ensure they're not left out of pocket. To make the most of these, people are advised to open their wallets or purses and take a thorough look.

Among Mr Lewis' list is advice to check your driving licence has not expired, or isn't about to expire, as failing to renew it could see motorists hit with a fine of up to £1,000.

He also suggests those looking to save cash switch banks in order to obtain a switching bonus - free cash. A number of banks currently offer cash for new customers, and you could get up to £200 if you are eligible.

Other ways consumers can save include getting a railcard, checking your debit card overdraft and filing receipts. You can read the MSE article in full here

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