Martin Lewis' 10 week warning to anyone with a bank account

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Martin Lewis' 10 week warning to anyone with a bank account
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People risk losing £200 before Christmas

Amid the ongoing cost of living crisis Mr Lewis regularly offers advice on how to save money. The financial guru often takes to social media to share top tips as well as through the MSE newsletter.

People could lose £200 before Christmas, BirminghamLive reports. This is became many banks will pay you up to £200 to switch as Mr Lewis said: "Before you start planning, consider this: many list every lusted-for item, gifts for all, and a corking meal, then only afterwards consider: 'How will I pay for it?

According to the Money Saving Expert website, your money is secure as the the Financial Service Compensation Scheme guarantees up to £85,000 per person, per financial institution. This means that if your bank ever went bust, you would be guaranteed your money back.

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