Get up to date with the latest money making techniques, brought to you by financial expert Sarah Willingham on This Morning.
shanell savings week so it's probably the right time for this Tara Willingham is here now with her top three savings tips so what so let's start with those I started with the first one I thought premium bonds you know there's so many people out there that spend two or three pounds a week on the national lottery well actually why not spend that money in a year buying premium bonds they're safe and at the end of the day somebody could come and knock on your door and you could win it win a million places you can catch them in whenever you want to yes exactly then it but while they're there they keep you never know I never know it's a fun way of saving because because they are safe and yet you never know you might get really advanced and every so often she'll open up should get serb units a25 eight or 50 yes we always give God children premium bonds right blessings just the amount of money you win or the amount of people who win change depending on interest rates and things like that no it's and it's all tax-free as well when you win it so you can win up to between five pounds or a million pounds which is great another thing that another thing that we used to do piggy bank savings what we used to do at home will have a massive big glass bowl in the living room all the spare change went into it once a year is to empty it all out all over the carpet and the kids used to count it all in decide row we're going to go once a year nice way of saving doesn't have to be for the special day out could also be for the washer breaking or whatever well you said that if you if you buy a coffee every morning on your way to work and you stop doing it and put your two powers into a jar around 250 working days per year you save about 500 quid exactly cash Isis I know everybody thinks that cash eyes is boring but when we start talking about things like that this is the place to put your money five thousand three hundred forty pounds a year you can put it it is tax-free you should be looking out for around three percent then if you're taxed at source how does it I don't understand how it then saves tax-free in that account you're allowed to put three that's up to five thousand three hundred forty pounds into a cash icer every year and you don't get taxed at all on the interest okay so no matter so if you're a 40% tax earner for example you're saving 40% so more you're self-employed then that regardless your that that is everybody whether you're a 20% 20% 25% 40% tax payer you're allowed to put that amount into a cash you say you should make sure you look for one that's giving you about 3% there's loads of rubbish should be honest there are loads of rubbish ones out there under 1% it's not worth the effort frankly yeah look for the look for the around 3% okay eBay yes this is my make up a name this is the principle of to sell it before you buy my friend Sarah needs to buy some new things for her holiday so I'm gonna help her find some items in the house that she can sell so that she can afford to do it Oh whose are these so once you've got all your unwanted items you can start selling there are many online sites where you can sell your unwanted items I'm gonna use eBay we're gonna start by setting up an account so most sites gonna charge you between 5 or 10 percent commission but make sure you check out the fees before you start so once you've set up your account I'd recommend you set up a PayPal account this is the most secure way of sending and receiving money so you'll need to link your online account with your PayPal account so the first thing you'll be asked to do is put in a title and this is so important this is the bit that the buyers actually see so sell your item brand-new in box pop-up they're brand new in box so when you're filling out your form you must be really honest about the condition of your item if it's got flaws take photographs of those flaws most people want to see what they're buying a photos free to upload so use it and take a good one the secondhand items on average you can get up to about 50 percent of today's selling price if the item was new so start the bidding at 99 Pete then it's free to list after that for a valuable item make sure that you set a reserve price how big is your parcel it's a packet it's 40 grams it's going to the UK get estimate see how easy that was now all we've got to do is wait and see how much money Sarah makes and we have that amount now here's how much she made three hundred and thirty two it's not amazing in two hours well everybody freaks out when you start talking about selling stuff on the internet because they think it's so complicated I mean look you know eBay have done some research the reckon everybody has got around 450 pounds yeah so you – I bet you've got a lot more than that what I will say is that these scams you get in your junk mail that are constantly getting these hoaxes and things if you do sign up for this and then you get and it will probably be completely unrelated as someone saying your PayPal account has been compromised please give us your details on this yeah yeah yeah it'd be really really careful because it's no don't what I don't want people to think about scams when they thinking about trying to making some money from syrup from a site like eBay this is not difficult open the Wardrobe you will fly so just give it go my mum put one item on at this weekend yeah there are loads of other ways to tell as well if you are scared of the Internet yes loot magazine for example that's a that's a free newspaper local adverts still in your local post office your local supermarket car boot sales ok cool a bit standard a car boot sale stands somewhere in the middle don't stand near the loos and don't stand near the exit and take lots of change with you and check the weather basically ok I'm a space guys lots of the ways gets paid for your space you can rent a room in your house look at spare room co uk free of charge to rent free of charge to join you can rent your garden camp in my garden brilliant earn up to 25 pounds a night renting out your survey you idea of like a festival exactly rent out your drive my parking space or park at my house again if you live near an airport or sporting venue you can rent out your parking space and your front drive fantastic and rent out your home as a film set that's always a good one you never know really thanks to it sorry I'm just think about the pocket if you live near a train station I think like that every day and that's a regular income it's fantastic I feel home for film sets you do have to live in a castle you don't have to live in a castle they need very normal places exactly if you wanted to be for example a film extra exactly the same they're not necessarily looking for 6-foot tall gorgeous models they're looking for normal people all this information is on the website which is on how to make money from your opinion in the last version swell interesting everybody uses lots of brands out there these big businesses want to know what you think of them so register on loads of these sites you can get paid from 40 to 150 pounds just for telling people what you think of using your shampoo it's fantastic all the details are on the website that's brilliant very good indeed thank you and also we're gonna work we're gonna tell you how how you can get paid for your talents as well that's online so you don't have to be academic for that one no you don't cupcakes flower arranging whatever everyone's got some kind of skill get out there use it sell yourself all those details on our website Icom /this for you and we've got loads more money making tips and some special money-saving vouchers online as well and sarah's heading to the hub now for a web chat so get in touch if you want more money-saving advice still to come today berries are on the menu with phil Vickery's duck and blackberry sauce we've got joanna lumley it des O'Connor and a performance on the other and the woman who can't get fat Carol French on a condition that makes her life a nightmare will meet earth
Martin Lewis explains the best way to get rid of spam calls and texts.
it's one of our biggest bugbears mountains of unwanted messages and post arriving through our letter boxes and inboxes every day so just how can you put a stop to it all matters here with them spam busting tips guaranteed to lighten your load let's start off with those nuisance phone calls yeah so lots of people get phone calls they don't want and it's very difficult to stop them and it drives people up the wall now the way that you stop this the official way is the telephone preference service many people will know about that on their landlines 83% of people have signed up to it so you sign up to it you can do it online you can call them on your landline and then takes 28 days to activate after that it's a criminal offense for legitimate EU companies to get in touch with you if you haven't requested that they do say what most people don't do though is sign their Mobile's up only 3% of people sign their Mobile's up so a few weeks ago they launched a new number that you could text now the first one they launched charge people when it shouldn't so there's another one now that it's meant to be totally free let me know if you do get charged for it you shouldn't be if you are charged it's gonna be 12 P so let's not let's not go overboard on this type thing and that number is 8 509 5 and you add TPS just those letters and then your email address because they need to legitimize that it is you and then your mobile number will be on the telephone preference service too but note what I said legitimate EU companies that means companies from outside the U u can call you and that means scammers from inside the EU will call you and as in two years time everyone can query well we're not sure what will happen yet on that we don't know where we'll go I suspect you're right that would be my guess on that but there's a couple of things you have to understand first of all if some scammer gets your number and once you're on their database they're gonna keep calling you if they don't care about the TPS then that will feel like the TPS isn't working the other thing and this is what people find you know you do those online forms and it says tick here if you want to opt out but one might say tick here if you want to opt out and the one underneath it will say tick here if you want to opt in and the next one else so they make it very confusing if you tick one of those boxes then you've given them permission to get in touch with you even on the TPS so many people say how can this companies getting in touch with me I'm on the TPS because you ticked a box and you might have thought you were ticking a box to say no when you ticked a box to say yes so you've got to be careful in those but if someone calls you and you're on the TPS from the telephone preference you say I'm a member of the telephone preference service you shouldn't be calling me and legitimate companies will go away that works for text as well as text is somewhat different because okay the first warning on text this gets really confusing if a legitimate company texts you when you don't want the text you text back stop and that should stop them if an illegitimate spam attacks you texting back stop tells them that you're a real mobile phone number and will often mean you get more spam not less so legit companies you want a text stop illegitimate companies you don't want a text stop and you if you don't know the company you've got to assume it's illegitimate so if you get a spam text this is the number to remember 7 7 to 6 it spells spam on most alphanumeric keyboard 7 7 to 6 forward your spam text to that with the phone number that called you what that does is it goes into a database and enough people forward the numbers then they they get blocked so we all have to work together to stop this but also then block that number on your mobile phone and if one is continuing to pester you get in touch with the Information Commissioner and you look at it specifically but we've all got a foreword to seven seven to six don'ts don't reply stop to illegitimate companies or companies you don't know we will put all these numbers on there on there also when
Martin Lewis offer’s financial advice to callers.
Dominic says how can I save money on my gas and electric bills on playing 200 pounds each month on gas electric I'm struggling how can I save their money for Chris well 2,400 pounds a year is over double what you would expect to pay on average two things you need to do one make sure you're on the cheapest bill seventy percent of people aren't on average people are overspending by twenty thirty percent I think you could probably cut six hundred pounds a month off that by going to do a comparison to move yourself from a standard TAF which is what I'm guessing you're on seventy percent of people are to the cheapest on the market do it now before winter gets here and frankly with the exchange rate issue that never would have read about prices going up I i would give you 5050 odds on sometime around late December January being announcements of energy price rises so you want to go lock in a cheap deal now and most people are massively overpaying so if you're on a standard tariff typical average standard tap is 1060 a year cheaper still on the market 760 you're over double that so double the saving and then go and look at your energy efficiency as well walk around the house see what you're using that you shouldn't be using have you got draught excluders where they should be are you making sure you're switching the energy off warmth is probably the most important lag tank all of that go through all of that but I suspect you're on the wrong tariff go and do a comparison on an off Gemma proof comparison site 600 quid bang a year save like that okay
Martin offers some helpful advice on how to cut down your water bills. Catch up now on the ITV Hub:
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Masen this is Marilyn Norma are nice to meet you nice to meet you yes what can I do for you well it's a quick question really should I have a water meter should I not how many bedrooms do you have in your house how many people live in your house just me that certainly indicates you should check whether you get a water meter though water meters are only free in England and Wales so on to the Royal jetty show water bills so anyone here on the meter anyone here paying water rates the other time so here is the rule of thumb if you have the same or more bedrooms in your house than people you should definitely check out whether you should get a water meter is there anyone here who that's ringing about how many bedrooms how many people TV phone two people but another one coming actually that's quite interesting because that will shift the equation and children use a lot of water you're going to be doing a lot more washing than you've ever done before so probably in your case this isn't the time to make the decision because your life is about to totally change in a wonderful and beautiful I hope way and so I wouldn't be doing that anybody else in here gentleman there who isn't pregnant three and two so if there's only two of you especially do tend to bath or shower I can't smell from here a shower shower so especially if you're showering then you're likely to be under using compared to your property this sounds trivial I know water bills we have people who when they do this saving five six hundred pounds a year you know you're nodding have you've done it did it make a big difference to you five hundred pounds of your saving by switching to a water meter so is Marilyn pouring cash down the drain what should water rates at the moment I think it's 30 150 in months okay so we'll call that 380 ish yes yeah we'll call it so I'm going to go to the consumer Council for waters website Thanks calculator well who's your water board its northumbrian water I'm about to ask you some personal questions all right number of people in the household 1 number of baths taken a week none just a shower no that's how many showers a week one every day sometimes – shall we go for 8 we'll go for a 2-week yes number of times you flushed the lure down we're asking in front of all these people once in the night 5 times 5 times if I'm in well let's just call it for how often do use a washing machine once or twice a week ok dishwasher you know garden hose not really right we'll press the button calculating let's see what it says ok based on the information you've given me it tells me your total estimated bill would be 240 pounds a year you're currently paying 380 pounds a year that's three that's a third off so that's a hundred and forty pounds of your savings and more than that noon you may first miss yes I might not go in the night I always go when you need to yeah but actually people tend to use less water when they're on a meter know when you choose to go for a water meter as opposed to you've been forced or as opposed to you've moved into a house with a water meter you have roughly two years in which you can go back ah so that's worth it then because I've heard various high five or not about the torture water come I will do you