:00:00. > :00:00.What is essential is travel insurance. We will talk to travel
:00:00. > :00:16.expert to see how you best plan your trip.
:00:17. > :00:21.your weekly guide to making the most of your cash, here every weekend on
:00:22. > :00:24.BBC News, available all week on the BBC iPlayer.
:00:25. > :00:27.Destination ` Brazil. If you're off there for the World Cup, we've got
:00:28. > :00:32.some tips on planning your journey and protecting your cash.
:00:33. > :00:36.Luck of the draw. From this weekend, we can invest more in premium bonds,
:00:37. > :00:40.if we want to. But what are the chances our number will come up in
:00:41. > :00:43.the big draw? And pennies from heaven ` the Church
:00:44. > :00:46.of England is to offer financial information to anyone who needs to
:00:47. > :00:49.borrow money. The head of Britain's credit unions tells us why that
:00:50. > :00:53.could be a big boost for them. If you're off to Brazil for the
:00:54. > :00:56.World Cup, and here's hoping it won't be a short trip. You've
:00:57. > :01:00.probably made most of your travel plans by now. But should you pack
:01:01. > :01:03.some insurance? The Foreign Office thinks you should. Its travel advice
:01:04. > :01:05.pages say all tourists should have comprehensive travel insurance. Lots
:01:06. > :01:09.of other helpful tips on the Foreign Office website. UK passport holders
:01:10. > :01:13.do not need a visa to go to Brazil. But your passport has to be valid
:01:14. > :01:17.for six months, and you may be asked to show your return ticket before
:01:18. > :01:27.Some other tips, tell your credit card company you are going before
:01:28. > :01:31.you settle. You will need your passport to change money at the
:01:32. > :01:46.bank, of course, and it warns that there is lots of cream, ridiculously
:01:47. > :01:51.in big cities. `` crime. We have with as the travel expert from
:01:52. > :01:55.Gocompare.com today. Let us talk about some of the travel issues. The
:01:56. > :02:00.point the foreign office was making at the top of the website is how big
:02:01. > :02:05.Brazil is. That is probably more important than we might think. Yes,
:02:06. > :02:10.it is 65 times the size of England, which is pretty big. Venues England
:02:11. > :02:13.are playing at our spread across the country. The recommendation is
:02:14. > :02:17.people fly between the venues that have distances between them. There
:02:18. > :02:21.are other transport routes, significant bus network. But the
:02:22. > :02:28.roads are not brilliant and accidents are regular occurrences.
:02:29. > :02:31.And there is a note that strikes can happen out of nowhere, which
:02:32. > :02:37.disrupts even the best of plans. Yes, there is a lot of advice about
:02:38. > :02:41.making plans in advance, and it will take longer than people expect. They
:02:42. > :02:45.always say to leave a lot of time and make sure you get the keeping
:02:46. > :02:50.yourself safe. If you are disrupted, does travel insurance
:02:51. > :02:55.cover that, does it cover the cost of replacement flight or a refund if
:02:56. > :03:00.there is a strike? It depends on your policy. Typically, travel
:03:01. > :03:05.insurance purchased in the UK will cover them to and from the UK, so
:03:06. > :03:10.the journey there and back. Anti`Dash internal flights are not
:03:11. > :03:18.always covered. `` internal flights are not always covered. It is worth
:03:19. > :03:23.phoning your provider to ask if you can add this to your policy. There
:03:24. > :03:28.are strict rules are some things in Brazil, for example you should have
:03:29. > :03:31.identification on new. Yes, keep your passport somewhere safe, but
:03:32. > :03:38.take a photocopy with you. Keep your passport in a safe or safety deposit
:03:39. > :03:42.box. Also keep for two identification on you at all times.
:03:43. > :03:50.`` photographic identification on you, such as a driving licence.
:03:51. > :03:54.Also, does being under the influence of alcohol affect your insurance if
:03:55. > :03:59.something goes wrong? It can do. The real thing is to be sensible. And
:04:00. > :04:04.not put yourself in a situation with it is risky. A lot of policies have
:04:05. > :04:07.wording on whether you are under the influence of alcohol, so read the
:04:08. > :04:11.documents and be aware of what your particular insurer says. There are
:04:12. > :04:15.different levels of wording, of tolerance of the policies, but they
:04:16. > :04:19.do not want to be a spoilsport and stop you enjoying your trip to the
:04:20. > :04:24.World Cup. But they will not pay out if people are irresponsible. Thank
:04:25. > :04:45.you very much for joining us. We know that many of you bought
:04:46. > :04:51.shares... One quarter of TSB is being put on the market. Small
:04:52. > :04:56.investors will be offered one free share for every 20 we buy. That is
:04:57. > :05:02.up to a value of ?2000. One catch is you have to keep the shares for one
:05:03. > :05:05.year. More people are getting into debt cause of government mistakes
:05:06. > :05:10.over tax credits. They are payments to parents or working people who are
:05:11. > :05:14.not well off, but if the government pays too much up front, it has to be
:05:15. > :05:21.paid back later. Citizens Advice say that some people have had to pay
:05:22. > :05:24.back ?7,000. The taxman says if your income or circumstances change, you
:05:25. > :05:29.must tell them to avoid future mistakes.
:05:30. > :05:33.Do you need help with your finances? How about some divine
:05:34. > :05:37.intervention? The Church of England is to offer financial information
:05:38. > :05:40.inside church buildings. It does not look like moneylenders are going to
:05:41. > :05:44.be let into the temple themselves. The people who need to borrow cash
:05:45. > :05:50.will be advised to use credit unions instead of payday lenders. Mark
:05:51. > :05:57.Lyonette is the chief executive of the trade body for credit unions. He
:05:58. > :06:03.also sits on the Archbishop of Canterbury's tax crew for
:06:04. > :06:08.responsible lending. This is a pilot programme. How was it going to work?
:06:09. > :06:11.Yellow macro I think it is going to do three things. I think it is going
:06:12. > :06:19.to help train local church people to help promote the local credit union.
:06:20. > :06:25.I think some of those church people are probably also going to volunteer
:06:26. > :06:27.their expertise. They will help support the local credit union in
:06:28. > :06:33.whatever way is needed. And of course, hopefully many of those
:06:34. > :06:45.people will help the credit union `` join the credit union.
:06:46. > :06:51.What we should not forget is when someone like the Archbishop of
:06:52. > :06:54.Canterbury, who has a financial services background, when he makes a
:06:55. > :06:58.statement about the damage that payday lending is doing, and he
:06:59. > :07:02.supports the credit union sector, then actually many people, whether
:07:03. > :07:05.they are members of the Church of England, whether they are practising
:07:06. > :07:09.Christians, the people of other faith or no faith, people do listen
:07:10. > :07:15.and they get some trust to what he is saying. So this is not dependent
:07:16. > :07:20.on the number of people who go to church every Sunday, this is a
:07:21. > :07:25.service for all comers? Many of those people who go to the Church of
:07:26. > :07:29.England or Scotland or the Methodist Church will themselves be helping
:07:30. > :07:33.here. But I think the message goes beyond that. When someone like the
:07:34. > :07:38.Archbishop of Canterbury comes out and makes the statement he has, I
:07:39. > :07:45.think there is a level of trust, and that reaches well beyond the people
:07:46. > :07:49.on Sundays. But as you know, some of the Church of England's investment
:07:50. > :07:53.money has gone into funds which lent money to the payday lenders, and as
:07:54. > :07:56.far as we know some of those arrangements exist. Wouldn't it be a
:07:57. > :08:03.better signal if the Church of England cut all its ties to money
:08:04. > :08:06.right there and then? As I understand it, and I am some way
:08:07. > :08:10.away from this, the Church of England is doing its best to get out
:08:11. > :08:14.of that investment as soon as it can without losing a huge amount of
:08:15. > :08:20.money. You expect this will lead to more business for you. How do people
:08:21. > :08:27.find there nearest credit union? The best way to find it is to go online,
:08:28. > :08:36.if you have access to the Internet, find your credit union .co.uk,
:08:37. > :08:39.taping your postcode `` type in your postcode. It will hopefully bring up
:08:40. > :08:46.several credit unions you could join. Thank you very much for
:08:47. > :08:49.joining us. Premium Bond is, you know what they
:08:50. > :08:56.are, saving money for the future. You do not earn interest, but you
:08:57. > :09:01.are put into a monthly prize draw. The limit to what you can invest is
:09:02. > :09:06.about to go up to ?40,000. What are the chances of your numbers coming
:09:07. > :09:13.up? It is nearly 60 years since Ella
:09:14. > :09:20.tonic random number indicators started picking the month's
:09:21. > :09:27.prize`winning Premium Bond 's. A third of us have Premium Bond 's and
:09:28. > :09:32.we seem to like the idea of gambling interests on our savings on a prize
:09:33. > :09:39.draw. Others look for a certain return. Once upon a time, you got a
:09:40. > :09:44.letter if you won the Premium Bond 's. Now, less excitingly, we check
:09:45. > :09:51.numbers online. Even less excitingly, the prize has been
:09:52. > :09:55.reduced from 1.5% to 1.3%. That means that if you put ?100 into
:09:56. > :10:03.premium Bonds, your annual return on average is ?1 30. So the big
:10:04. > :10:08.question is, should you buy more premium Bonds, just because you can?
:10:09. > :10:14.Some see them as another tax`free allowance, and others see it as a
:10:15. > :10:19.bit of a lottery. If you have got the money, and probably if you are
:10:20. > :10:24.higher rate taxpayer, and if you do not rely absolutely one income from
:10:25. > :10:32.your investments, it is worth taking advantage of the increase in the
:10:33. > :10:38.allowance. The chances of winning regulates the flow of deposits, so
:10:39. > :10:43.we do things stand now? `` where do things stand now? There are 46
:10:44. > :10:47.billion in circulation, which is a staggering number of them. Let us
:10:48. > :10:52.think about the odds of you own the minimum number, ?100 worth. The odds
:10:53. > :10:57.of you winning are under half a billion to one. That is similar to
:10:58. > :11:03.both of us picking one person at random in the US or Japan and both
:11:04. > :11:09.picking the same person. Are there better odds to win a better price?
:11:10. > :11:14.`` any prize? Yes, they gave out 1.8 million prizes in May, and your rod
:11:15. > :11:21.of winning one of those is about 25,000 to one. If you are still
:11:22. > :11:25.dreaming of becoming a millionaire, the odds don't matter, which is just
:11:26. > :11:30.as well. If you put your savings into cash Isa and buy a lottery
:11:31. > :11:43.ticket every month, have better odds of becoming a millionaire. You can
:11:44. > :11:51.visit the National savings website. There is the address.
:11:52. > :11:55.That is all for this week. Keep up to date with what ever we put on the
:11:56. > :12:07.website. The address on screen. You can follow us on Twitter also.
:12:08. > :12:29.More next week, hope to see you then.
:12:30. > :12:32.This is BBC News, the headlines: Britain's three main party leaders
:12:33. > :12:38.condemned the death sentence given to a woman in Sudan for marrying a
:12:39. > :12:42.Christian. The long`awaited tram service in Edinburgh opens to the
:12:43. > :12:43.public.