Divorce and Solo Finances

[CactusCry23]

I’m looking at options financially should I divorce my DH. My salary might ‘just’ cover a small house for DC and I plus outgoings, but after bills and food I would have very little wiggle room. I have near to no savings.

I am wondering if that would be more or less soul-destroying than my marriage.

My salary is pretty fixed with no real chance of a big uplift or overtime.

Or if anyone has any advice, positive stories, etc that can make me feel hopeful I can do it alone? TIA

Thanks everyone. Thinking to sell family home, split £ and try to own if it can be civil in the intervening.

I have been advised by friends to not leave family home rental values around here are pretty high.

I don’t know what the split would be, do you mean custody? I would ask for more, maybe 60/40.

I will look at benefits etc, that’s a good idea.

@Chewygummy i take home after tax £2,200 a month

Bare in mind that all assets and savings go in the pot for a divorce. This includes monies in just one person's name. You need a good solicitor who will help you with this. Do not agree to anything before you speak to one.

Don't leave rhe family home!!!
As thr mum you will be entitled to more than 50.50.
You will also be entitled to child maintenance. Child benefit. Reduced council tax as a single adult. You may also be entitled to universal credit. Look at the girl gingerbread website and look at benefits. It will tell you roughly what your entitled to.

You'll definitely be entitled to other benefits

https://www.gingerbread.org.uk/find-information/

Look into renting first as it’s really hard especially if you have children. Don't just rely on looking at ads and think there is a lot available. I found it difficult when I had to sell up and I had a child and a pet and I needed six months rent in advance. I believe the rental situation is worse now.

Thank you everyone for taking the time. Really struggling as things aren’t bad ‘all’ the time. But need to start planning…