Looking for encouragement from other single mums... My husband and I have separated and now that the house is sold we will go our seperate ways. I earn a decent income and don't think I will be entitled much income support and ex husband has gambled his way to bankruptcy so will get no support from him.
I am scared that after I factor in bills/rent/childcare/groceries etc I am left with next to no wriggle room with money...
I have lived in cheap share houses or as a couple where I have spare cash for emergencies and savings which I won't have anymore and I'm terrified!
Single mums!
Single mums!
Posted in:
Life Lessons, Relationships & Marriage, Sisterhood Stories
3 Replies
You'll be fine. Check if you are entitled to rent assistance. If you get a part parenting payment single (no matter how small) you will get health care cards. Discounted car rego, gas, electricity etc. just think frugal. Yeah I'm not living the high life but we always have the money we need.
So i assume you mean single mums on a pension? because im a single mum of 2, i get no child support, i pay a mortgage, i have no financial help from anyone, i work 4 days maximum per week and i have 2k sitting in the bank not including savings... maybe you should be careful how you word things instead of stereotyping all single mothers as paupers who struggle just to make ends meet.
There are lots of ways to budget if u look into them - you can pay electricity and gas monthly instead of quarterly (bill smoothing) and other things as well. Shop for kids clothes for the next year at end up s season sales (Myer has great bargains). Toy sales in mid year are good too. Do up a budget and stick to it and include a little bit of savings to build the wriggle money. You can do it!