How to turn £800 into £5,500 - Part Two
The Martin Lewis Podcast
BBC
4.4 • 929 Ratings
🗓️ 15 February 2023
⏱️ 27 minutes
🧾️ Download transcript
Summary
Long: The Martin Lewis Podcast is here. Founder of Money Saving Expert, Martin Lewis answers your questions on buying national insurance contribution years to top up your state pension. As the buy-back deadline is fast approaching, Martin has an urgent plea for those aged between 45 and 70. They could be missing years off their state pension worth £1,000s, so check yours and your family and friends now. Elsewhere in the show, why Martin has written to the chancellor to call for April's planned rise in the energy price guarantee to be scrapped. The average bill is expected to rise from £2,500 to £3,000 if the cap is amended.
He called on Chancellor Jeremy Hunt to halt the cap increase, saying it is no longer necessary because wholesale energy prices have "come down very substantially".
Producer: Isabelle Tudor
Transcript
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| 0:00.0 | Sailenders, much more than just a cricket podcast. |
| 0:03.6 | Lusely cricket based, meaning we very rarely talk about world cricket. |
| 0:09.3 | Yes, but when we need to, we can do. |
| 0:12.2 | Boy, can we deliver. |
| 0:13.4 | As England's greatest ever bowler, you don't need to do this podcast, but why do you? |
| 0:22.3 | Welcome to Selleenders, a Lucy Cricket Base. |
| 0:24.1 | Thank you, Mr. Lekhner's, Lucy Cricket Base. |
| 0:25.8 | With podcasts from me, Chief Force, him, Felix White, him, Jimmy Anderson, Matchintender, |
| 0:31.7 | Tashintender, Walker, distantly, Tail Enders. |
| 0:33.6 | Listen on BBC Sounds. |
| 0:37.5 | BBC Sounds, music, radio, podcasts. |
| 0:41.1 | Hello, I'm Martin Lewis and this is the cunningly named the Martin Lewis podcast. |
| 0:45.8 | I wonder what that's going to be about, hey? |
| 0:48.0 | It's a special episode today. |
| 0:49.9 | Following up, a podcast we did in late November, about an urgent deadline everybody aged 45 to 70 needs to know about. |
| 0:57.9 | It's all to do with topping up your state pension years and it could leave many thousands of pounds better off. |
| 1:04.6 | But you need to do it by the end of the tax year, the 5th of April. |
| 1:08.3 | Now, that podcast has generated a huge response and lots of successes have come in, |
| 1:13.8 | but also we've had lots of questions too. So today, I want to play you the original explanation. |
| 1:18.7 | Well, I did it so well. I just don't want to repeat it. And then go into questions after that, |
| 1:25.0 | like how you may be able to get money even by just paying for partial years, which can be dirt cheap. |
| 1:31.0 | And also, I want to get you over some of the practical hurdles |
... |
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