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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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MoneySaving News

View Previous News

Martin's weekly guide to saving you cash

Wed 29th October 2008

New best 0% purchase credit card

Barclaycard's just launched the top 0% card for spending, on its Breathe card, though unfortunately existing Barclaycard customers aren’t eligible. This is NOT a balance transfer card but one that charges no interest for a year on your purchases.

While this is a good deal, with recession looming, borrowing is a bad idea and should be absolutely minimised. However if you need to borrow and there's no alternative, a card like this means you won't pay any interest in the short term.

External Link: Full pros, cons and alternatives in Martin's Best 0% Cards For New Spending guide.


Money-off at Waitrose

Until Sunday, use the code Save77 for online supermarket Waitrose Deliver, its local delivery service, and you’ll get £15 off a £75 spend, though there is a delivery fee.

External Link: See a full range of up to date discounts in Martin's Shopping Vouchers And Codes guide.


Potential relief for Icesave customers

Savers with money in Icesave, which was declared in default this month, have been told they're likely to get their money back by the end of November. The Financial Services Compensation Scheme has said it will start the process of reuniting savers with their cash from next Monday. And remember, you’ll be compensated even if you had more than £50,000 in.

External Links: Full Icelandic banks latest info is in Martin's Safe Savings guide.


Superdrug delivers a top deal

High street chemist Superdrug is offering 5% off first-class stamps. The great thing is these are inflation proof because, as long as they say '1st' on them, rather than the price, you can still use them in, say, 20 years! And as they’re unlikely to ever be cheaper, stock up now.


Driving a good bargain

If you're looking for breakdown cover there are two good AA deals at the moment. Cashback sites fans can get a £17 refund on a £29 annual membership fee through cashback site Quidco.com, which brings the cost down to just £12. Though do be aware cashback sites can never 100% guarantee the cashback.

Alternatively, if you shop at Marks & Spencer's, you can get a £20 M&S voucher by taking out AA membership direct from the AA, although it lists its cheapest policy as £35, not £29 like Quidco. Yet with the £20 voucher, this still brings the true cost down to only £15.

External Link: Full details, pros and cons are in Martin's Breakdown Cover Discounts guide.

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