Tax credits ending for teenagers- what have you put in place to manage the income drop?

[Tumbleweed101]

I’m a single parent of four children. Last year my son left education so his tax credits ended and I also lost my discount for council tax and housing benefit. This year my DD does the same.

This means I now have half the tax credits coming in but higher expenditure. Ie no help with C/T and housing and teens who still eat at home. My DS has just left an awful job and is looking for a new one and my DD is on her final bit of college so only had a weekend job so neither can contribute right now. My ex doesn’t give financial support.

So my question is really those of you who have been in this situation how did you improve things financially? I’m on a fairly low income not much over min wage.

I have a few options - I can increase my hours a little, although that could trigger the need for childcare costs.

I could do some training so I can get a high paid job before tax credits end for my younger children.

But any other ideas?

It is a rather grey area for me. Once both kids are 18. My wages just cover my out going but there is no wiggle room.

I will look to Increase my hours as I get nearer to that point some 12 years away.

But like I did. the adult children will be expected to contribute toward their keep if they are working. and if they leave him I will explore renting out their rooms. Although sadly I may or may not get to factor in some inheritance around that time. I know it is not to be expected.

There is also the possibility that I
Might meet someone new who will share my life with. also not a guarantee.