It Pays to Watch, Wednesday 7:30 It Pays to Watch on Five

Latest Show

Series 3 Episode 8: Recession proof your finances
Broadcast: Wed 5th November 2008

  • recession1

    Recession-proof your cash

    Repossessions, redundancies, pay cuts & freezes: protect yourself now!

  • MoneySaving News

    In the news this week

    Premium Bonds slashed, free £25 eyeshadow, £19 hotel rooms, 40% cheaper calls to mobiles & knickers coming down (in price!)

  • celeb_wallet

    Raef Bjayou

    Will the star of The Apprentice be hired or fired after taking Martin's Cash Quiz?

  • recession2

    Do a debt audit

    Everyone should sort out their debts BEFORE recession hits so they’re prepared for the storm.

  • car

    Beat the insurers

    Find out how a lady from Slough saved hundreds of pounds by switching her insurance providers

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Celeb Corner

View Previous Celebrity Wallets

Brendan Cole

Wed 6th February 2008

New Zealand-born Brendan Cole shot to fame on the BBC’s show Strictly Come Dancing. He was the loveable rogue on the hit show and is now a regular on the celebrity scene.

He’s a hit on the dance floor but how does he fare when looking after his money?

It turns out Brendan is good at budgeting but he could still save £1,040 a year by manoeuvring a few of his products.

Firstly, as he spends around £3,000 a month on a mixture of his debit card and by using cash, he could instead get the American Express Platinum Moneyback card and put everything on that to make an extra £500 a year. With that Amex card he would get paid £5 for every £100 he spends in the first three months of having the card and up to £1.50 for every £100 after that.

But that is only based on 10 months’ spending as Brendan frequently travels back to his native New Zealand for the remainder of the year. If he took out a Post Office credit card, which does not charge the normal 3% loading fee on foreign transactions, he could save another £240 as his current debit card applies that charge.

If he took out a Post Office credit card, which does not charge the normal 3% loading fee on foreign transactions, he could save another £240 as his current debit card applies that charge.

Next up is his savings. Most of his money is tucked away in a First Direct account paying 5.25% before tax. It’s not a bad account but by moving £20,000 of it to a top rate account paying 6.5% and by maximising his cash Isa allowance, which he doesn’t do at present, that could net Brendan another £300.

Take a peek at what was in Iwan Thomas's wallet last week.