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What would Martin Lewis do? We look at Hollywood’s biggest money movies through the money-saving expert’s lens

What would Martin Lewis do?  We look at Hollywood’s biggest money movies through the money-saving expert’s lens

 


As the cost of living crisis worsens, more and more people are turning to sites like Money saving expert for trusted advice on cost savings and other financial tips. Martin Lewis (the money-saving expert himself) is a financial journalist and broadcaster and has become one of the UK’s most trusted voices on money management.

As the swirling fog of financial uncertainty continues to encircle the UK, we often wonder…what would Martin do? After all, money (as Lisa Minnelli puts it so well in Cabaret) makes the world go round. For a moment, let’s stop counting pennies for our next 8,000 tank of gas, what would Martin Lewis be doing in some of those fictional Hollywood money-movie scenarios?

The wolf of Wall Street

In Wolf of Wall Street, Leonardo DiCaprio plays Jordan Belfort who makes a huge and decadent fortune by scamming wealthy investors out of millions of dollars. His crimes catch up with him though, as the FBI inevitably closes in.

What would Martin do? Martin would sympathize with investors who lost money to Leonardo DiCaprio. He says, “Investing is far from putting your money in a savings account where it sits to earn interest. Instead of the safety of guaranteed returns, you are taking a risk with your money. The hope is that you will earn a lot more than you put in (a hefty profit), but you may end up with less (a nasty loss).”

Wall Street

It’s Wall Street in the 1980s and Charlie Sheen is a stockbroker doing everything he can to fight his way to the top. It’s a cautionary tale about greed, insider trading and underhanded dealings.

What would Martin do? Martin admits that stocks and shares are not his forte. He would tell those Wall Street investors of the 80s, “You have to do your own research before deciding what to invest in, build your own portfolio and keep track of it. Be sure to factor in all fees, including platform fees. , fund charges, trading charges and exit charges. »

Jerry Maguire

Sports agent Jerry Maguire (Tom Cruise) writes a company-wide memo that gets him fired. He sets up his own management company, with his single mother Dorothy Boyd (Renee Zellweger) and their only client, footballer Rod Tidwell (Cuba Gooding Jr.). Jerry and Dorothy begin to fall in love as they struggle to make their business work.

What would Martin do? Martin would support Jerry and Dorothy. And he probably reminded them that, if they decided to get married, they could benefit from the marriage tax deduction. He says: “If you’re married or in a civil partnership, you may qualify for a £1,250 tax relief called the marriage tax relief, something that 2.4 million eligible couples miss out on. It’s really easy to apply and take advantage of this tax relief.”

Cabaret

American cabaret singer Sally Bowles (Liza Minnelli) meets British academic Brian Roberts (Michael York) and decadent playboy Maximilian von Heune (Helmut Griem). It’s a love triangle that plays out against the rise of the Nazi Party and the collapse of the Weimar Republic.

What would Martin do? Martin would almost certainly agree with Money Makes The World Go Round and, at the same time, he would advise caution in the life of a playboy. That’s all.

Gentleman prefers blondes

“Diamonds are a girl’s best friend” sings Marilyn Monroe.

What would Martin do? Never mind the diamonds, Martin would rather be looking for a girl’s boarding house. He says: “It is believed that more than 100,000 women have received an underpaid state pension and could receive a payment, the average amount being just under 9,000. Married women who reached retirement age before April 2016, including widows, divorcees and those over 80 whether married or not should check to see if they are due.While some affected women will now receive an automatic payment, not all will.

The big court

Michael Burry realizes that a number of home loans are at risk of default. It is betting against the housing market by throwing more than $1 billion of its investors’ money into credit default swaps. His actions attract the attention of banker Jared Vennett (Ryan Gosling) and together they profit from the impending economic collapse in America.

What would Martin do? Martin has lots of help and advice on Money saving expert if you are at risk of defaulting on your mortgage. It says, “If you’ve missed your mortgage payments and are late on payments, then you’re ‘overdue’. If you haven’t spoken to your lender yet, do so NOW. Alerting your lender that you you may not be able to pay off your mortgage on time is the first and most important step in helping you get back on track.”

Saving Private Ryan

Saving Private Ryan is a very moving and excellent WWII film starring Tom Hanks and Matt Damon. If you’ve never seen it, you should watch it. And we’re sure Martin Lewis loves it too. It has nothing to do with money, but saving is definitely something Martin knows well.

What would Martin do? You can visit Martin’s website for today’s best savings accounts.

Richie Rich

Richie Rich (Macaulay Culkin) has all the toys a little boy could want, but unfortunately he has no friends. When his parents suddenly disappear, Richie thinks they are probably dead. (They aren’t, don’t worry, but it’s tactile and gone for a while).

What would Martin do? Martin hoped that Richie’s parents had considered inheritance tax before they board their ill-fated private jet. He says: “Inheritance tax can cost loved ones hundreds of thousands, but huge chunks of it can be legally avoided or perhaps paid nothing at all. The inheritance tax rules can be difficult to understand at first, but it’s important to get your rounds.”

Ocean 11

Danny Ocean (played by George Clooney) orchestrates the most sophisticated and elaborate Las Vegas casino heist in history.

What would Martin do? In January 2020, Money saving expert reported that: “Gambling businesses will be banned from allowing consumers in England, Scotland and Wales to use credit cards to gamble. The ban applies to all online and offline gambling products, with the exception of lotteries where payment is made face-to-face, for example, if you were to buy a National Lottery ticket in a store.” The new rule came into effect on April 14, 2020.

Other money movies Martin Lewis might think up for movie night include: Catch Me If You Can, Casino, Brewster’s Millions, A Fist Full of Dollars and Tango and Cash (card). ? No, we know we’ve gone too far now.

Sources

1/ https://Google.com/

2/ https://www.walesonline.co.uk/lifestyle/tv/what-would-martin-lewis-do-23812938

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