Under 73? Turn £800 or less into £5,400 or more. The clock’s ticking… it’s all about National Insurance
The Martin Lewis Podcast
BBC
4.4 • 930 Ratings
🗓️ 8 May 2024
⏱️ 58 minutes
🧾️ Download transcript
Summary
On this week’s podcast Martin explains how you can buy voluntary National Insurance years to boost your state pension and why it is one of the most lucrative things many can do with their money. TELL US is about if listeners have ever taken money from their childrens accounts to help the household finance, or broken their piggybanks. Later in the pod, Martin shares his latest money-saving tips and Nihal attempts another tricky Mastermind question.
Transcript
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| 0:00.0 | Hello, I'm Martin Lewis, and this is the cunningly named the Martin Lewis podcast. |
| 0:04.9 | I do wonder what that's going to be about. |
| 0:07.4 | Now, usually much of it comes from my BBC Radio 5 live show with Nihal Arthur Nica, |
| 0:11.9 | but don't worry, there's bonus money-saving tips and extra content |
| 0:15.0 | just for you lucky, lucky podcast listeners. |
| 0:18.9 | And today's pod is a special one. It's dedicated to a single subject, |
| 0:24.8 | probably the single most lucrative thing I have ever talked about. If your age under 73, |
| 0:31.9 | you may be able to pay £800 or far less, or possibly even get it free, to gain £5,500 or more, |
| 0:41.6 | and you can do it multiple times. But the clock is ticking. This is all about buying extra |
| 0:49.5 | national insurance years. I know it sounds dry and you have to give it a bit of effort, but it is |
| 0:56.9 | crucially important. Everybody aged under 73 has a listen in case you're going to be missing out |
| 1:03.0 | on tens of thousands of pounds. And the reason for doing it now is that finally, many can do it online. |
| 1:10.5 | Don't worry though. |
| 1:11.4 | There's also a teller's on if you've ever dipped into your children's savings |
| 1:14.5 | to prop up the household finances. |
| 1:17.1 | And don't worry, Nahal still gets put through his mastermind paces. |
| 1:21.0 | This time it's all about exactly when you're entitled to compensation |
| 1:25.6 | if your flight is delayed. |
| 1:28.2 | Play the theme tune, podcast producer Simon. |
| 1:33.3 | I got bills. I got to pay. |
| 1:37.9 | So I'm going to work for it. |
| 1:41.4 | I got a mouth. |
... |
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