MoneySavingExpert.com: Cutting your costs, fighting your corner

4 January 2012
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Fun Stuff and the Site

Is it time to ditch the penny? This week's MoneySaving poll

At the beginning of the month, the Canadian government stopped minting the one cent piece, as they’re no longer worth enough to be useful. Should we be following suit with our own copper coins?

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What's It All About
More on MoneySaving

More On MoneySaving

Corporate Britain isn't the enemy, but it is the opposition. A company's job is to make money, nothing wrong with that. A consumer's job is to keep as much of their cash for themselves as possible. The problem is that companies spend billions on marketing, advertising and teaching their staff to sell: yet consumers get no buyers' training.

This site aims to redress the balance, both with highly researched journalistic articles and forums that bring millions together to gradually build collective resources. MoneySaving is about finding best deals, legal loopholes and how to save money on everything and anything; on average following these will gain you the equivalent of a 25% payrise.

MoneySavingExpert.com was created in February 2003 for £100 by Martin Lewis, and still run day-to-day by him. By January 2009 nearly 7 million users a month were reading the site, and the weekly email goes to over 3 million people.

More Info: Read the full About the Site article

Who is Martin Lewis?

Who is Martin Lewis?

Money Saving Expert Martin Lewis is an award winning TV & radio presenter, newspaper columnist, bestselling author and campaigner.

An ultra-specialised journalist, he spends his life focusing on how to cut bills without cutting back. He runs and owns this website, the UK's biggest money site, which has 10 million users a month and over five million receiving the Martin's Money Tips weekly email. 

He makes regular media appearances on Daybreak, Lorraine, BBC Radio 2's Vine, Watchdog, BBC Radio 5 Live's Logan, and has a column in the The Sunday Post. In the past he's also had his own TV series on ITV1 and Channel 5. 

He's commonly credited as the "big gob in chief" behind the campaign to reclaim bank charges, with over 6 million template letters downloaded and a billion pounds paid back. He has also run massive financial justice campaigns to reclaim council tax, mortgage fees, and PPI amongst others.

His current campaign focus is pushing the All Party Parliamentary Group (APPG) on Financial Education for Young People and campaigning to get personal finance education as a compulsory part of the curriculum.

Martin is also founder and chair of the MSE Charity, which so far has distributed over £200,000 of grants to consumer finance education charities and individuals.

More info: Martin Lewis' full biography, Martin's Blog, Martin's Twitter, Martin's Facebook page.

Where do I start?

Where Do I Start?

This is a mammoth site packed with an enormous amount of info. If you're looking for something specific, use the search box above (it works just like Google) or the category tabs. If you just want to save, the main areas are:

  • Step 1: Grab the 'Martin's Money Tips e-mail'. The site's designed around the free weekly e-mail. It ensures you don't miss out as many loopholes are short-lived and need speedy grabbing. Over a year, follow the info and you'll give yourself a money makeover.


  • Step 2: Give yourself a Money Makeover. The specially designed Money Makeover guide takes you through the main areas you can quickly use to put cash in your pocket, and includes the free budget planner tool.

  • Step 3: Voyage into the Forums. MoneySavers are generally a kind bunch and will often answer questions and share suggestions. At any moment over 5,000 may be in the Forum's many discussion boards including Debt-Free Wannabe, Old-Style MoneySaving and the Grab-it while you can bargains board.

How's the site financed?

How's the site financed?

MoneySavingExpert.com is free to use and free of advertising - you can’t pay to have content put on the site.   Articles are written based on specialised editorial research of the best ways to save money.

The income comes from links that generate revenue when clicked. Once articles are finished, where possible 'affiliated links' to the top products are used and have a * by them. Yet if no affiliate link is available a non-paying link is used; i.e. if the top pick doesn't pay, it remains the top pick regardless.

This stance means the top products detailed here often easily surpass those on the other money websites. Yet thankfully the sheer scale of MoneySavingExpert.com means it's very healthily in profit and also donates a good chunk of cash to the MoneySavingExpert.com Charitable Fund.

More Info: Read full how this site’s financed guide.

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