Everything you need to know about Money Man Martin
Inflation has reached its highest level in forty years, with the rate reaching a record 9.1 percent – the highest since 1982.
Simultaneously, there is a cost of living crisis, caused by rising food costs and petrol prices reaching record highs.
In times like these, we need some really solid advice on how to deal with tough economic terrain like this – and who is best to give us that support than Martin Lewis.
Here is everything you need to know, from his net worth, which TV shows he has appeared in, and whether he is married and has kids.
Who is Martin Lewis?
Martin Lewis is a 50-year-old finance journalist who was born on 9 May 1972 in Witherston, Manchester.
After school, he studied government and law at the London School of Economics, before entering broadcast journalism at the University of Cardiff.
After graduating, he took a job as a producer for BBC Radio as well as Five Live.
The journalist was appointed an OBE (Order of the British Empire) in the 2014 Honors List for his services to consumer rights as well as charitable services.
He was also named CBE (Commander of the Order of the British Empire) in the Honors List for 2022 for services to consumer rights and broadcasting.
Martin tragically lost his mother in a car accident as a child, and in later life stepped in to become the patron of the child’s charity, Bereavement Encounter.
What is his net worth?
Martin Lewis’ net worth is unknown but, according to the Sunday Times Rich List, he has certainly put his money training to good use with an estimated worth of £123 million.
Martin founded Money Savingexpert.com in 2003 for just £80, and has since sold it for £87 million in 2012.
What TV shows has Martin been on?
Martin has been on several TV shows throughout his career, and since 2012 he has co-presented The Martin Lewis Show on ITV with Angelica Bell.
In 2020, he revealed that he was leaving Good Morning Britain after 17 years because he “can’t cope” with his hectic workload.
Experts regularly show It Pages to Watch!, Tonight, Watchdog, and . Has also appeared in shows like LORRAINE,
Is Martin Married and Does He Have Children?
Martin married Lara Levington, a presenter, journalist, and former weather girl, in 2009.
He has also served as a reporter on BBC’s Click, which covers consumer technology news since 2011. The couple welcomed their first child, Neelam Susan, in 2012.
What is Martin’s Cost of Living Crisis Advice?
Martin has various pieces of advice for those struggling with the current cost of living crisis.
In May, he warned that the serious cost of living could lead to “civil unrest”, predicting that the energy cap would rise once again to £2,600 in October.
He told ITV’s Robert Peston: “I worry about civil unrest.
“So the government needs to get a handle on this, and they need to handle this quickly, they need to listen, and they need to stop people from choosing whether to feed themselves or feed their children.
“And we’re in it now. We used to have a situation of relative poverty in this country and we’re headed for absolute poverty, and we can’t let that happen.
So, what tips and tricks does he have for dealing with the situation? Here are several easy things to try.
- Check Your Phone Agreement
Money saving experts recommend using a price comparison tool to assess whether you can save around £200 a year on your phone contract.
- Control your direct debit
It is written on Money Saving Expert, ‘Recurring payments are lesser known and hidden. ‘That’s where you allow firms to take “payments” every month with your debit or credit card.’
- sell what you don’t need
MSE recommends selling something if you haven’t used it for a year. Anything from old smartphones and devices to clothes, books and furniture can be sold online these days. Try websites like eBay, Facebook Marketplace, Winted, Gumtree, and Shoplock.
- Obtain an NHS Prescription Certificate
If you use more than one NHS prescription in a month, it is worth investing in a certificate, a one-time fee that covers all prescriptions for a period of one month to one year.
- Use the weather to your advantage
If the weather is nice, dry the clothes outside, instead of using a tumble dryer. This can save you around £28 per year.
- Squeeze as much as you can out of what you have
In very tough times, it may be necessary to cut corners wherever possible, whether it is squeezing the final amount of toothpaste out of a tube, or cutting dishwasher tablets in half – every little bit helps!
- Keep an eye on price cuts
Learn about your local supermarket and when they are most likely to put small yellow stickers on ingredients symbolizing the sale. Be sure to shop at that time.
- Pay less for your period
After eliminating the tampon tax, there are other ways to reduce monthly costs, including reusable sanitary products.
- Get food, drink and more for free
Instead of throwing away food when nothing’s wrong with it, share it with the community using Olio. Large retailers like Tesco, Pret and Planet Organic have teamed up with the app to offer their extra food as well.
- become a canny cook
Last but not least, save money on food by using websites like Jack Monroe’s Cooking on a Bootstrap,
View full list at money saving expert website,
Credit: www.standard.co.uk /