Martin Lewis advises households of £30,000 or less to check the benefits calculator

Money-saving expert Martin Lewis advised any household with an annual income of less than £30,000 to spend 10 minutes on a benefits calculator to see what they are entitled to, it was reported in the Manchester Evening News. Speaking on an hour-long episode of The Martin Lewis Money Show, the ITV presenter predicted that the cost of living crisis was going to prove particularly difficult for those who fall into this bracket, which the half of the UK population is estimated to make £30,800 the country’s median household income in 2020, according to GoSimpleTax.

“If you’re on an income of less than £30,000 and you’re struggling, it’s worth spending ten minutes on a benefits calculator to see what you’re entitled to,” Lewis explained. Other tips offered by Lewis include investing in an annual prescription certificate for £108 if you are currently paying for more than 12 prescriptions a year.

Now is the time to make that change too, with the price of an individual prescription set to drop from £9.35 on April 1. Lewis then advised anyone feeling the pinch not to be tempted to buy now, pay bids later. I’m very concerned about buying now, paying later,” he said. “It’s debt even though it’s not debt. If you can’t repay it, it’s difficult.”

The benefit calculator is located here.

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Eleanor C. William