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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To ask how single parents of grown up kids manage financially?

52 replies

TheRippedOutPage · 29/01/2017 09:14

I've been looking into the logistics of ending my marriage. Not a definate decision yet but something I fear may be on the horizon.

Realistically, by the time this ever happened I'd have no dependants at home. Just a grown up teen son who would probably be working or doing an apprentiship of some kind.

Therefore I'd get no child benefit, no child tax credits, no child maintanance - nothing. Because of my £22k salary I also wouldn't get working tax credit. (Fair enough, I'm not moaning).

So this leaves me with roughly £1600 a month to live on. This has come as a bit of a shock to me as I've been living in a married 'hubby on good salary' bubble for a good few years now.

Is it doable??? mortgage would be around £500 a month. Council tax around £80 a month.

OP posts:
ProphetOfDoom · 29/01/2017 10:59

Agree, avoid the doer-upper, unless you have funds to plough into it or family willing to help you do it up. You want to enjoy your life now.

Blu · 29/01/2017 11:08

Would your son be living with you? If so he would need to contribute.

If not, get a small one bed place with room for a sofa bed so your son can visit. You will get a 25% council tax discount as a single person. If you have that much left as 'disposable ' at the moment start being a bit thrifty and building up your own savings from your salary.

Once your son is no longer dependent can you do more well paid shift work and overtime?

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