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Martin Lewis has issued an “it’s urgent” warning to UK households, advising them to stock up on a cupboard staple. The BBC and ITV star’s Money Saving Expert newsletter has urged households to buy Royal Mail first-class stamps before a 30p price increase on October 7, reports Birmingham Live.
Mr Lewis stated: “Urgent. Stock up on stamps for this (and future) Christmas’s cards NOW. First-class stamp prices are going UP AGAIN, this time by an inflation-busting 22% on 7 October – but buy them in advance, and as long as they say “1st”, you’ll still be able to use them after the hike.”
First class stamps will rise from £1.35 to £1.65 due to what Royal Mail has described as “very real and urgent” financial challenges.
The price of second class stamps will remain at 85p.
In his newsletter, Mr Lewis further explained: “As Ms Beckster tweeted me last week: ‘@MartinSLewis. Thanks for the heads-up. As someone who still sends 40+ cards every Christmas, I’ll buy pre-price rise and save myself £12+.'”
In the newsletter that was delivered to accounts this morning, the MSE founder warned: “A warning… Christmas is on 25 December this year. January is debt counsellors’ busiest month – ask people why they need help then and many reply: “Christmas, of course”. Yet Christmas isn’t unexpected, it’s coming, so if you haven’t started the financial prep yet, this is the moment (some fervent MoneySavers will already have done it all).”
“So here’s my annual checklist of things to do now, to cut costs when the big day arrives (many also work if, like me, you celebrate Chanukah, or owt else). This isn’t about early celebration – I hate Slade’s festive tones played in shops in Sept (or Oct) as much as the next Scrooge – it’s about preparation.”
Martin listed 16 tasks to undertake now to alleviate stress and expense later. “Early preparation, not early celebration,” Mr Lewis clarified, noting that his advice spanned from money-making to free cash, as well as triple cashback to earn £100.
He also revealed hidden codes and advocated for a ban on unnecessary gifts.
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