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i need help please!!!!!! newly single needs help budgeting please :o)

6 replies

fawkeoff · 28/05/2008 16:10

i am going to be entitled to housing benefit and council tax benefit.... i will get roughly £130 a week plus £120 a month child benefit and would like some help with budgeting, i have never been in control of the bills and feel i need to get my finger out of my arse

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Are your children’s vaccines up to date?
skeletonbones · 28/05/2008 16:13

have a look at moneysavingexpert.com loads of good stuff on there about getting the cheapest utility bills/phone/insurance/budgeting tips ect. Aldi and Lidl are great for grocery shopping if you have either near you.

fawkeoff · 28/05/2008 16:16

i have an asda,tesco express, aldi and iceland all within walking distance of my home but i do find shopping under one roof much cheaper than going here there and everywhere

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Alambil · 28/05/2008 19:58

Asda all the way - how many kids have ya got? are they in nappies?

I get £100 a week Income support and about £70 CB a month; the CB plus about £20 goes on bills, then the £100 a week is split into shopping, fuel, bills (I spread the £20 over the month), water rates (the only thing not covered by HB) and then any left goes on my overdraft!

It's possible to live frugally; I shop in Asda, fuel from the cheapest place around and have "pay for what you use" gas and elec. Go to Uswitch or somewhere to see the best deals on elec/gas. Look around for phone/broadband packages (loads of offers if you have a BT line)

fawkeoff · 28/05/2008 20:16

i have 2 kids so am entitled to a bit more money, ex is going to help with some of the bill money, i am just pants at meal planning and thats wat i need to do in order to save some money

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gillybean2 · 29/05/2008 11:39

Be aware that if your ex (or anyone) is giving you money then you have to declare this to the benefit people and they will reduce your benefit accordingly. Wherever possible get people to give you things (clothes/toys/food) not the cash/money.

Also the CSA will most likely get involved if you are on benefits and he will have to pay maintenace but you will not get to see it apart from £10 a week which is changing to £20 a week at some point. I mention this because if your ex gives you money and then gets a call from the CSA he may well say 'I already give her money' and that will land you in it with the benefit people who will reduce your benefit and you'll have to pay back the value of what he's paid you.

On benefits you basically have a fixed income.

Work out what your expenses are. List them into essentials such as electric/gas, water, phone. Then the not entirely essentials like insurance, tv license, running a car, internet provider. Then all the luxuries such as sky tv, magasine subscriptions or anything like that, kids activities.

First of all the non essential stuff has to go. Now work out what you should pay per month on average on all your bills and then ask to pay monthly or go on a meter for electric etc. Then work out what you have left for food, clothing (charity shops and hand me downs are where you should be shopping i'm afraid). If the kids do any activities (scouts/brownies, swimming, music) ask the leader/teacher about help for people on low incomes or ask their dad to pay for these. Also school trip etc don't be afraid of talking to school as they often have things in place for people on low incomes and can help pay for activities etc.

Make sure you are claiming everything you possibly can, school dinners, free prescriptions, help with school uniform etc. The benefit people won't tell you what you can claim, you have to ask. Sometimes it's better to ask the CAB for help on that kind of stuff.

Once you have your essentials sorted out list out everything you buy each week/month food shopping wise. Give it a good hard look over and see where you can cut costs. If you have any money left then think very hard about what you can spend it on. You might want to buy xmas saving stamps and start putting aside small things each month. I have already got my son 2 xmas presents. Don't let it creep up without thinking ahead.

Find activities you can do with the children that don't cost anything. Nature walks, visits to the library, free museums etc. Being broke doesn't mean you have to sit home all day!

You're doing the right thing planning ahead though. Never put your head in the sand, and never be afraid to ask for help!

best wishes
Gilly

Tinkerbel6 · 29/05/2008 13:23

fawkeoff you can get your child benefit paid weekly and its ideal if you need to rely on that money to buy shopping, might also be worth setting up direct debits to pay the bills as they come with discounts if you pay that way, and you can also save money by changing your gas and leccy supplier and going on monthly dual fuel with also comes with a discount and is managed easier that way, same as the tv license and water bills.

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