Money For Mums – Help With Single Parent Finance
Money For Mums is a great website offering a wealth of information to mothers (not just single mothers). It has been set up by a team of experts specialising in the field of family finance, so if you need help following a separation or with other aspects of getting your household finances in order, it would be a great place to stop by.
Whilst here at Single Parent Benefits we like to help out lone parents in their moment of need, whether that be through advice, community or anything else, it’s important to be aware that there are other sources of help out there.
What You Will Find
The Money For Mums website is split into five sections, planning for a baby, your career and working as a parent, the benefits available to parents, saving for the future and some calculators to help you crunch the numbers. Below we go into a little more detail about each zone, and what you can expect to find there to help with single parent finance.
Planning
The planning section is all about getting ready to meet your baby. It might sound silly, but some parents find the anxiety is greater before the baby arrives than when they actually bring them home from the hospital for the first time. As you might have guessed, with a name like Money For Mums, the main focus of the site is finance, so you can find plenty of information about budgeting for everything the baby will need. There’s also help with essential tasks such as registering the birth, something that rarely enters the parent’s mind until after the baby is born. Finally, they have some tips on how to save money, particularly in the early stages of your child’s life.
Working
You may well find the section on work the most useful of all. It will advise you on your rights as a new parent, such as how much time you can expect to have off work (mums and dads!) as well as how to go about arranging childcare vouchers. You may also need to talk to your employer about returning after maternity leave so that the appropriate care can be taken to provide you with a smooth return to work, so you can find out more in this area too.
Benefits
The chances are you’re already looking to find out more about benefits if you’ve found our site, but if you’re looking for information about general parental benefits rather than just those relating to single parents then Money For Mums is a great destination. Most people know about child benefit, but there are a number of other opportunities, particularly for lower earning families.
Savings
Saving money is often a subject people find boring. As if it’s not enough to feel like you’re not able to spend your hard earned cash when your pay day arrives, researching it really feels like rubbing salt into the wound! Of course, it’s a little more important now there’s a baby involved. Proper budgeting involves setting a little aside for a rainy day, and you can find out how best your money can work for you in the Money For Mums savings guide.
Calculators
Finally, the calculators section lets you get interactive with numbers – exciting or what? Seriously though, you can get a real feel for what you can claim, what you can save after budgeting and more. It’s a really useful tool if only just to confirm what you already knew.
At Single Parent Benefits we’re not professionals in the finance field, we’re just here to help you make things a little easier with a bit of friendly advice on parenting and where to find great advice on what you can claim benefits wise. We don’t make anything from talking about Money For Mums, but at the same time we can’t give any guarantees about their service. What we do know is a lot of work has clearly gone into their website, so there’s a good chance it’s something you’ll find useful, just like we did when we first found it.
A good tip is never to take financial advice from the Internet unless you fully understand what you’re reading, and speaking to a financial advisor is always a good idea.
Now the boring disclaimer type advice is out of the way, you can find the Money For Mums website here.
EDIT: Since writing this article, the website has been re-branded Family Nest. You can find Family Nest here.
Single Parent Benefits