Martin Lewis shares crucial money need-to-knows before new financial year starts next week
dailyrecord.co.ukMartin Lewis recently took to the stage on the opening day of the Ideal Home Show exhibition in London to share some exclusive money-saving advice for people of all ages, which could come in handy for the new financial year which starts on April 6.
His snapshots cover energy bills, smart meters, car insurance, credit cards and savings. The main focus was on energy bills, which are due to drop from April 1 and the consumer champion shared a few deals that may be worth considering.
Martin explained: “We know the April price has come down an average of 12 per cent, but here’s the difficulty. You have two choices of tariff.
You can stay on the variable tariff that is either price capped or linked to the price cap, or E.ON Next Pledge. The E.ON next pledge tariff is basically a 3 per cent discount off the price cap.” He continued: “If you are on the price cap, provided you pay by Direct Debit and are happy to get a smart meter then you may as well be on the E.ON Next Pledge because it’s 3 per cent cheaper than the price cap.”The founder of MoneySavingExpert.com added: “The only other tariffs I would think of note, are from Octopus, the tracker tariff and the agile tariff.
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