Cash Chats #91 Why you need more than one bank account

If you’ve only one bank account you not only run the risk of being locked out of your money, but you could be missing out on free cash and higher interest elsewhere.

This week on the podcast, Andy takes you through the reasons why you should open up more than one bank account. You don’t need as many as him (15 at the latest count!), but having at least two or three can make a big difference to how you manage your money.


 

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FURTHER READING:

> The accounts that give you cashback on your bills 

> The best bank switching offers

> The best cards for fee-free spending overseas

> My 14 current accounts, and why I’ve got each one

 

ABOUT CASH CHATS

Cash Chats is presented by money blogger and broadcaster Andy Webb. In 2019 it was awarded Best Money Blog at the SHOMOS – the UK Moneybloggers annual awards.

Cash Chats episodes go live twice a week. At the start of the week Andy is often joined for friendly and accessible conversations by a member or friend the UK Money Blogger community to cover topics as diverse as freebies and investments. Then on Thursday you can listen to a bonus “deals of the week” episode – a quick rundown of the hottest offers from the last seven days.

Andy also runs the award-winning website Be Clever With Your Cash, presents Channel 5’s Shop Smart Save Money and founded the community ukmoneybloggers.com.

To contact Andy email [email protected]

ANDY ON SOCIAL

Andy’s handle is @AndyCleverCash and you can follow him over at:

twitter.com/AndyCleverCash

instagram.com/andyclevercash

 

Cash Chats #90 How We Shop

This week’s episode is a little different, as Andy is joined around a table with fellow money bloggers to chew the fat on how we shop.

It’s a universal topic – we all spend money – but we all do it in different ways. Whether we prefer the high street to online, choose to boycott certain retailers and how we cope with dodgy self-service machines are just some of the areas that cropped up during our chat.

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THIS WEEK’S GUESTS

Twon blogs at thereverend.co.ukand can be found at https://twitter.com/TheReverendBlog

Sara blogs at debtcamel.co.uk and you can follow her at https://twitter.com/DebtCamel

Marie blogs at brokegirlinthecity.com and her Twitter account is https://twitter.com/brokegirlincity

ABOUT CASH CHATS

Cash Chats is presented by money blogger and broadcaster Andy Webb.

Cash Chats is a twice-weekly podcast Andy hosts to help you with your finances. At the start of the week he’s often joined for these friendly and accessible conversations by a member or friend the UK Money Blogger community to cover topics as diverse as freebies and investments. Then on Thursday you can listen to a bonus “deals of the week” episode – a quick rundown of the hottest offers from the last seven days.

Andy also runs the award-winning website Be Clever With Your Cash, presents Channel 5’s Shop Smart Save Money and founded the community ukmoneybloggers.com.

To contact Andy email [email protected]

ANDY ON SOCIAL

Andy’s handle is @AndyCleverCash and you can follow him over at:

twitter.com/AndyCleverCash

instagram.com/andyclevercash

 

Deals of the week 5th September 2019

Another week of hot offers, codes and discounts.

News this week of:

– A big Tesco promotion for Clubcard members
– How to get £5 vouchers at M&S and H&M
– A new £150 bank switching bonus
– Massive discounts on garden, BBQ and picnic products
– An Amazon multibuy offer

Watch the latest edition of Deals of the Week 

 

All the links

Read more about these deals in the links below (note – these deals come and go so if the info isn’t on the links it’s because the offer has ended).

Tesco Clubcard Prices promotion details

The best ways to use and earn Tesco Clubcard points

How to get a Marks & Spencer or H&M voucher when you donate old clothes

Swap old clothes for H&M, M&S or New Look vouchers

Andy’s podcast on Second-hand September

Cash Chats #89 Second-hand September

£150 RBS bank switching offer details

The best bank switching, cashback, interest & overdraft offers (May 2021)

Garden, BBQ and other summer item clearance deals

Home and garden discounts (May 2021)

Amazon Prime NOW multibuy offer details

Amazon vouchers & deals (May 2021)

Updates

Any new deals I spot that came too late for this video will be over on Instagram or Twitter. Follow so you don’t miss out.

Twitter – https://twitter.com/AndyCleverCash
Instagram – https://instagram.com/andyclevercash

Listen to Deals of the Week on your podcast app

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Cash Chats #89 Second-hand September

This month the charity Oxfam is encouraging us to stop buying new clothes and just shop second-hand in September.

The reason? Well there are a few, but the environmental impact of fast fashion is right up the top. Around 11 million items of clothing are added to landfill every WEEK in the UK, while it takes 20,000 litres of water to make a pair of jeans and a t-shirt (that’s enough to keep a person well hydrated for 13 years!).

Of course, shopping second-hand (or not at all) also has some benefits to your bank balance, so it’s a great topic for this week’s episode where I’m joined by two members of the UK Money Bloggers community – Hollie Hutchinson and Faith Archer.

We discuss why they are getting involved in the campaign, how to find second-hand clothes, whether charity shops are more for women than men, and why it’s not just “dead man’s clothes”.

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FURTHER READING:

The Oxfam #SecondHandSeptember hub

https://oxfamapps.org/secondhandseptember/

Hollie’s guide to taking part in #SecondHandSeptember

https://thriftymum.com/uncategorized/take-part-secondhandseptember/

Faith’s blog about how she’s taking part

https://www.muchmorewithless.co.uk/second-hand-september/

Andy’s guide to finding bargain second-hand clothes


https://becleverwithyourcash.com/how-to-find-bargain-second-hand-clothes/

The UK Money Blogger’s community article about why many are getting involved

https://ukmoneybloggers.com/second-hand-september-why-uk-money-bloggers-are-getting-involved/

 

ABOUT CASH CHATS

Cash Chats is presented by money blogger and broadcaster Andy Webb.

Cash Chats is a twice-weekly podcast Andy hosts to help you with your finances. At the start of the week he’s often joined for these friendly and accessible conversations by a member or friend the UK Money Blogger community to cover topics as diverse as freebies and investments. Then on Thursday you can listen to a bonus “deals of the week” episode – a quick rundown of the hottest offers from the last seven days.

Andy also runs the award-winning website Be Clever With Your Cash, presents Channel 5’s Shop Smart Save Money and founded the community ukmoneybloggers.com.

To contact Andy email [email protected]

 

ANDY & GUESTS ON SOCIAL

Andy’s handle is @AndyCleverCash and you can follow him over at:

twitter.com/AndyCleverCash

instagram.com/andyclevercash

 

Faith is @MuchMore_Less on Instagram and Twitter

instagram.com/muchmore_less/

twitter.com/MuchMore_Less

 

Hollie is @ThriftyMumCom on Twitter and @ThriftyMum on Instagram

instagram.com/thriftymum/ 

twitter.com/ThriftyMumCom

Deals of the Week 29th August 2019

The best deals you can get right now – get them before they go!

This week find out how to:

  • Get an Amazon Echo for £55
  • How students can save at Apple and Amazon
  • Get a free cheeseburger
  • A new way to use Tesco Clubcard points
  • Save £29 on Spotify Premium
  • Get £10 movie rental credit and a cinema ticket for £5.99

 

Watch the latest Deals of the Week video

You can subscribe and get all my videos when they’re released over on my YouTube channel.

Read about these deals

Free Argos £5/£10 voucher and Amazon Echo deal stack

Until midnight Thursday 29th August you can get a free £5 voucher when you spend £50 at Argos, and a £10 voucher when you spend £100. Obviously only buy things you want, but it’s a good opportunity to get an extra saving on some already reduced items, including an Amazon Echo speaker. These are down from £89.99 to £59.99 (matching the price you’ll see in Amazon’s End of Summer sale).

The best student discounts, offers and deals

Though the hack for anyone to get a student discount closed a year ago, I know many of you will still have your cards – or you might actually be about to go to university. For all of you I’ve updated the best discounts you can get with an NUS/Totum card, including free Beats headphones and 10% off Macs with Apple and six months free Amazon Prime.

NOW TV credit is now on Tesco Clubcard

This year hasn’t been great for Clubcard points with the removal of Red Spotted Hanky and Uber from the scheme. However this week NOW TV was added, meaning you can get £1.50 of credit to spend on the streaming service for every 50p you have in Clubcard points.

Free cheeseburger at McDonald’s

Download the McD’s app and you can nab a free cheeseburger.

Three months Spotify Premium for 99p

New users can get three months of advert-free listening on Spotify for just under a quid, saving them close to £30.

LAST CHANCE – £10 video rental credit & Odeon ticket for £5.99

This offer on Groupon is due to end on the 31st August. You get £10 credit to spend at online streaming service Chili and a cinema ticket. New Groupon users can save a further 20% with the code WELCOME.

Listen to the deals of the week on my podcast

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Be a star baker on a budget

I wanted to have a post about baking on a budget, and the best person to write it is my wife Becky – a brilliant baker. So over to Mrs Webb!

The Great British Bake Off is back! To celebrate GBBO’s return I thought I’d show you just how much cheaper, and tastier, it can be to make your own creations

Andy and I are big fans of GBBO and we thought last year’s series was a return to form. If you’re also a fan and you feel like mixing some muffins or perfecting your profiteroles, we’ve some tips and tricks to get more for your dough, whatever your level.

Get the right equipment to ensure no soggy bottoms!

This doesn’t need to be as expensive as it sounds. We discovered the TK Maxx baking section on a trip to the Charing Cross Road store and have been converted – not hard when you can get really excellent quality essentials at hefty discounts.

For example, they have brands such as Le Creuset, Joseph Joseph, Jamie Oliver and Tala and everything is brand new and in perfectly good condition. Stock changes regularly but recently we’ve seen Salter weighing scales (the most accurate scales) for 50% off, classic GBBO bakeware with a significant reduction and if you like to practice your icing techniques a decorating turntable at nearly 60% off. Paul and Mary, sorry Paul and Prue, would be proud.

Baking goods aren’t just in TK Maxx stores, you can also see what bargains are available online.

Baking books are great, but can you make do with online?

Although admittedly it is lovely to have shelves adorned with baking and cookery books by the latest culinary experts, this can be a pricey hobby. Check out The Book People for real bargains if you like the weight and feel of a real cookbook. Titles include the new book from GBBO faves such as last year’s finalist Kim Joy (her Baking With Kim-Joy is currently £6.99) and previous winner Nadia Hussain (you can get Time to Eat, also brand new for £7.99)

However, if you need expertise but without the squeeze on your finances then I always find online baking sites really handy. Most of the top pastry chefs or TV cooks have their own websites nowadays and they are mostly bang up to date with that must-try recipe they made on their latest episode. The BBC Food and Good Food websites are a goldmine of brilliant information about all things baking – you can even search by ingredient(s). Or search by chef if you have a bit of a chef-y crush (like me on Marcus Wareing). Jamie Oliver’s website is great as is Nigella Lawson’s.

It’s always worth keeping an eye out for independent food bloggers like Joy the Baker or Bakerella. There are some fab vegan blogs too – This Rawsome Vegan Life or the more widely-known Deliciously Ella are my top picks. The picture of the raw date and hazelnut brownies will make you drool and they are more or less sin-free!

You don’t need expensive ingredients or equipment

Odds and ends from the fridge and basic ingredients all make treats as tasty as if you’d used premium products. And it doesn’t have to be harder to use some elbow grease. There are some easy recipes that take very little effort, like these for soda bread and cookies.

I often make these brownies that involve just five ingredients, a bowl to mix it all together, a spoon, and a tray to bake them in (oh, and an oven!):

Becky’s brownies

Ingredients:

  • 300g chocolate (whatever brand you like but must be dark or milk, not white)
  • 300g unsalted butter
  • 450g sugar
  • 5 large eggs
  • 200g plain flour

Method:

  • Melt the chocolate and butter together in a bowl in the microwave, in one-minute bursts on half power
  • In another bowl, beat the eggs with the sugar
  • Pour the melted chocolate mixture into the sugar and eggs and mix well
  • Sift in the flour and mix well until all flour has disappeared
  • Pour into a square/rectangular tin lined with greaseproof paper
  • Bake in the oven heated to 180 degrees C for 45mins to 1 hour
  • Once cooled, cut into 12 to 16 squares (depending on how big you like your brownies)

But if do you want a fancy mixer…

I sometimes make and sell celebration cakes so I’ve two Kenwood KMix stand mixers. These are great for everyday baking too, and they are far more affordable than the Kitchenaid ones you see on Bake Off which retail for between £400 and £600. In fact, it’s now quite common during sales to be able to pick one up for under £200 (Andy has spotted them for as low as £160 – keep an eye on his homes deals page for the next bargains he finds). 

We can’t promise they’ll turn you into the next Nadiya but they’ll certainly make your life easier (and your kitchen look good).

Go on a course to improve your skills

If you’d like to become a better baker, going on a course would be a good idea. Lots of colleges around the country offer baking courses – from one day cake decorating tutorials to year-long diplomas, there is something for everyone at all levels. Courses can be expensive but Groupon and other voucher sites often have great offers available.

If you are on JSA or a student you can often get an amazing discount or sometimes even get a place on a course for free. I was looking for work and claiming Jobseeker’s Allowance a few years ago and completed an NVQ Level Three course at Westminster Kingsway College for just £225 when the full-price course would have cost £1300.

Or you could treat yourself to a day at GBBO series three winner, John Whaite’s cookery school and learn how to bake and decorate perfect cakes, pastries and bread.

Or just watch the professionals on YouTube

If you don’t want to be taught in person then you should check out YouTube. There are loads of great ‘how to’ videos on there from big name chefs to ordinary people like you and me just baking at home. Here is the video from Paul Hollywood that taught me how to make a quick puff pastry.

Make some cash with a stall or bake sale

Bake stall
Andy and me back in 2011 with our cake stall

If you have a bit of a talent, some time on your hands, and people skills then why not have a go at holding a bake sale or getting a pitch at a local market to sell your wares? This way you can make a bit of cash to fund your baking habit.

We did this a couple of years ago (OK, more than a couple of years…) at a small local market and sold out on our first attempt. That’s where the pic above was taken. It is a fair bit of work to make enough to have a stall, but if you get a couple of friends to help you then you’ll easily have enough sweet treats to sell.

You can find out more about starting your own cake stall from former GBBO runner-up Kimberley Wilson here. Or just head down to your nearest regular market and ask the stall owners how they first started.

Oh, and quick plug for Andy’s sister’s delicious baking company Wren Cakes. If you live in Streatham or South London you should go buy one of her cakes!

 

Deals of the week 22nd August 2019

I’ve got seven hot money saving offers and deals for you from the last seven days.

This week find out how to:

– See a film for “free” this weekend
– Get five Odeon tickets for £20
– Eat up some National Burger Day deals
– Save on Amazon devices
– Travel by train for 10p
– Get a free £15 for opening a bank account
– Watch Sky Sports for 10 months for £20 a month

Listen

Watch

Read

Read more about these deals in the links below (note – these deals come and go so if the info isn’t on the links it’s because the offer has ended).

National Lottery Cinema Day

Cheap cinema tickets offers and deals (May 2021)

Groupon Odeon offer

Cheap cinema tickets offers and deals (May 2021)

National Burger Day deals

Food & drink deals (May 2021)

Amazon’s End of Summer Sale

Amazon vouchers & deals (May 2021)

Northern Rail flash sale

Travel deals (May 2021)

Monese £15 sign up offer

The best bank switching, cashback, interest & overdraft offers (May 2021)

NOW TV’s Sky Sports season pass

Cheapest ways to watch Sky Sports without a subscription (May 2021)

New 16 -17 Saver Railcard – how it works

Get 50% off rail travel if you’re under 18.

Railcards are a great way to cut the price of train travel, and following the launch of the 26-30 Railcard last year, young people are getting another rail discount with the launch of a new railcard for 16 and 17-year-olds.

It’s called the 16-17 Saver Card and it’ll let users save 50% on most rail fares. It’s not free, but with train ticket so expensive it won’t take many journeys to recoup the cash paid and then start saving.

What you need to know about the 16-17 Saver card

Here’s the low-down:

Who can get a 16-17 Saver card

As long as you are aged 16 or 17 years old you can buy one of these new railcards. However the card will expire on your 18th birthday. You can order one online up to 14-days before your 16th birthday. You also need to be a UK resident.

How much will the 16-17 Saver railcard cost?

A card costs £30 for 12 months, or until you turn 18.

When can you use a 16-17 railcard?

You can start using the card on 2nd September 2019 and it’s valid all day, every day.  It’s only valid for travel in England, Scotland and Wales.

You can only buy tickets for travel for dates where you’ll have a valid 16-17 Saver card. If it expires before you’re booked to travel you’ll need to renew it.

The card also won’t be valid for single or travelcard fares in London, though if you’re buying a ticket that starts at a National Rail station you can include a travelcard and get the discount. And if you live in a London borough you can get a Zip Oyster photocard which will save you money on London travel.

How much will you save?

You’ll save 50% on anytime, off-peak, advance and even season tickets. The later in particular could be a massive amount of cash if you travel to school or college via train. Plus season tickets bought with a 16-17 railcard are valid for four months after the holder turns 18.

How to get a 16-17 Saver railcard

The new railcards are available to buy from the 20th August. You can apply online which will provide you with a digital railcard that you’ll use on your phone. Or you can apply by phone on 0345 301 1656. You can request a physical card if you prefer. The cards won’t be available at stations.

You’ll need to have ID, such as a passport or driving licence, and a photo when you apply.

How is it different from the 16-25 railcard?

For a start you’ll save more money. with this new railcard. The 16-25 railcard (which used to be called the Young Person’s Railcard) only discounts fares by a third – and has a £12 minimum before 10am on weekdays.

However, since the 16-17 card expires when you turn 18, it might be better to buy a 16-25 railcard if you’re more than a few months beyond your 17th birthday as that card will last the full 12 months.

The best option really depends on how often you’ll travel by train in the run-up to turning 18 as the fare saving is bigger with the 16-17 card.

What about under 16s?

If you (or your kids) are under 16 then you’ll already be able to take advantage of 50% reductions on most fares as they can buy child tickets. Under fives can travel for free as long as they’re accompanied (though when wouldn’t they?).

Other railcards

There are a number of other railcards available for people of all ages. These cards are valid for 12 months and should save you a third on most fares if you fit the criteria. 

Railcards include:

  • Friends & Family Railcard
  • 18-25 Railcard
  • 26-30 Railcard
  • NetworkRailcard (South East trains only)
  • Disabled Persons Railcard
  • Senior Railcard
  • Two Together Railcard

Offers to save more run regularly through the year, and I’ll update my travel deals page if I spot them.

> Buy a railcard

How to save money with the world food aisle

It’s not just the weird and wonderful stocked in the world food aisle at the supermarket, some regular staples can be picked up for a fraction of the price.

It’s easy to forget that when you visit the supermarket some items aren’t always where you’d expect them. Yes, you know where to find the rice say, or the herbs and spices. But the same products, albeit different brands, could also be sitting around the corner in a completely different aisle.

It’s known as the world food aisle and you’ve probably walked passed a number of times, thinking it’s not for you. Random American snacks, strange Caribbean drinks, bizarre Indonesian instant noodles… the list of things you don’t recognise goes on.

But if you take a moment to look properly, you’ll also see everything from gherkins to coconut milk next to a huge choice of spices and sauces. They’ve usually been imported, but sometimes they’re made in the UK but targetted at various ethnic and immigrant groups. And they can be much, much cheaper than their UK counterparts.

What you’ll find in the world food aisle 

On whole, it’s long life products that you’ll find. So we’re talking jars, tins and food that have long expiration dates (handy for any emergency stockpiles!). Common items include:

  • Grains such as rice and couscous
  • Nuts and pulses such as almonds and lentils
  • Tins such as coconut milk and chickpeas
  • Herbs and spices such as cinnamon sticks and ground coriander
  • Sauces such as soy sauce and lemon juice
  • Jars such as tahini and olives
  • Oils such as sunflower and vegetable

And of course, you’ll also be able to pick up things you won’t find elsewhere. This isn’t just Polish jaffa cakes. You can get non-standard items such as tinned mango pulp or pepper paste.

Often the packs are bigger too. So rather than a small 38g jar of chilli powder, you can buy a 400g bag. Or there are massive 10kg bags of rice.

It’s also worth checking the refrigerated and frozen sections as you might find a range of products there too – though this is often dependent on the cultural make-up of the local area.

How much money you can save 

Here are just a few examples I spotted online across a range of supermarkets.

Tinned chopped tomatoes (Asda)

  • Napolina – £1 for 400g (£2.50 per kg)
  • Asda own brand – 55p for 400g (£1.38 per kg)
  • KTC – 39p per 400g (97.5p per kg)

Curry powder (Morrisons)

  • Schwartz – £1.65 for 38g (43.4p per 10g)
  • Morrisons own brand – £1.13 for 90g (12.6p per 10g)
  • Rajah – £50p per 100g (5p per 10g)

Coconut milk (Sainsbury’s)

  • Amoy – £1.80 for 400ml (45p per 100ml)
  • Sainsbury’s own brand – £1 for 400ml (36p per 100ml)
  • Dunn’s River – £75p for 400ml (19p per 100ml)

Jalapenos (Tesco)

  • Old El Paso – £1.50 for 215g (70p per 100g)
  • Tesco own brand – £1 for 220g (45 per 100g)
  • Aleyna – £1 for 480g (21p per 100g)

It won’t always be the case that the world food item or the larger item is cheaper. Special offers elsewhere in the supermarket can bring the prices down, and some “basic” own-brand items could be cheaper too, so do check the main shelves.

The other important thing to remember here is only to buy the bigger bags if you’re confident you’ll use them before the expiration date (or soon after).

Where to find the world food products

In supermarkets

The big supermarkets often have a set aisle full of these products from loads of different continents and cultures, whether Kosher biscuits or Mediterranean falafel mix. 

Smaller shops could just have a few products dotted around, and in all likelihood, you’ll have to hunt for them. Look in the most random areas – they could be aisles away from where you’d expect.

In rare circumstances, you *might* even have the world food items close to the corresponding standard versions. This could even mean that the Asian products are right by the usual Indian/Chinese/Thai products – but there’s no guarantee.

Do remember to look at the top and bottom shelves as they could be hidden in plain sight (as shoppers we tend to only look at eye-level). And check behind you too. At our Asda, the Asian spices are opposite the standard herbs and spices.

Online supermarkets

Some supermarkets have a section you can browse which groups all the world food items together. And if you search for something, say rice, you’ll get all the different options – standard and world food – together. This really helps! 

You can browse online offerings at some of the big supermarkets here:

How to check if the world food aisle is cheaper

Though items often are cheaper, don’t assume they always will be. You’re more likely to find special offers on branded, everyday versions of the products than the world food equivalents. Fortunately, there’s a simple trick to help you compare prices.

Compare the price per unit

On every supermarket label, you should spot a price per unit. This could be per 100g, or maybe per litre. This helps you compare different size packs. If the items are in separate parts of the supermarket you could always snap a photo of the products you first see, and then check the price against the selling price you spot elsewhere in the supermarket.

It’s not a perfect system though. Sometimes you might find different weights used (eg KG vs grams), or even the number in a packet vs the weight. As my Tweet below shows, they can sometimes even be wrong!

I’ve written more in detail on these problems and how you can use Price Per Unit to your advantage.

The problem with price per unit food comparisons