Quitting my job

mcspanna

OP, we recently (March ish) signed up for Virgin media TV/broadband/TV for £27/month and this includes a certain amount of webspace too (although we haven't used it ourselves yet) total bill each month is in £30-£35/month including all phonecalls.

Hope this helps...

dancingfairy

I appreciate you want to spend more time with your kids and who wouldn't - but full time with the kids is pretty full on as well I believe - and you may just miss the adult company. Would it be possible to apply to go part time at your work or in a similar job somewhere or even just get a part time job earning a little? I am worried you will not get benefits if you quit your job and may find the transition to full time at home quite a jump financially.
Good Luck to you though if you feel that you can make it work. Don't forget as well that you may have time to cook more from scratch which will save you some money.
All the best.

bb23

Keeping_Motivated wrote: »

I can understand how you feel about your children being in childcare full time but would you compromise and go part time? Best of both worlds in my opinion and you would get more tax credits surely than you do working full time?

The other thing I noticed was nappies obviously your youngest will still need them but the average age for potty training is 2yrs 4mths so your oldest could be out of them which would save you money.

As for Sky if you cancel you will still get the freeview channels which are not bad really.

Take care
KM

That's actually a really good idea! - its nice to have a fresh look on things obviously, a month off with no wages will impact my bills for a time but as you said, it could be just what i need. Its funny you should mention it because my childminder is quitting mid august and my new one cant start till late Sept so if i stay in work i would HAVE to take a month's parental anyway (plus my remaining holidays) just to cover that

I'm potty training at the moment but i still buy those pull up things, she only wears them at night and at the childminders (childminder wont let her go pantless because if she has an accident, one of the babies might go near it) so i use 2 packs of pullups with her on average (£12) little-un uses 2 of the economy boxes by pampers thats about £22ish i think then the formula is £6 a tub and i buy jars of food for the childminder but i'm working on learning more recipes so i can make more batches of home-cooked, its way better for them anyway (they always get home-cooked for dinner lol, i dont feed jars exclusively)

Part time hours dont suit my particular role, i already applied for flexible working and it was turned down. Plus trying to find a childminder in my town is impossible, im very lucky i've found the one i have but she was specifically looking for full-timers - although i guess if i'm more than 16 hours per week its pretty full time - i'll look into that some more

the thing i didnt mention was, i've been put on discaplinary for my sickness abscence. i went back in April after maternity and have been off sick 4 times. the last being 2 weeks signed off with depression and before that it was 2 migraines and a tooth extraction - im feeling uncomfortable at work which is another reason i wanted to quit but it could have been a knee-jerk reaction on friday.

Hm - im reassessing now - thank you this has been a really fresh idea to something thats honestly, going round my head 24/7

Keeping_Motivated

bb23 wrote: »

WOW - i dont really think that's a very nice thing to say. A family split is a harrowing time - ?!

im stunned that a few people have replied with such judgemental comments

I wouldn't even give them a response to be honest it just fuels them. They have no idea why you have split or full details to make them judgments so they are just trying to start a debate. Blank these posts and deal with the constructive ones. Nobody is saying they have to agree with your decision but surely if they had any intelligence they would be able to put their point across more eloquently :rolleyes:

bb23

or just not bother to reply

anyway, i do appreciate the advice i've been given -

papito

MonkeySaving? wrote: »

I could point you in the direction of lots of threads, but i suspect I'd be wasting my time.

By Martin:

Announcement: Pls remember Debt-Free Wannabee's for support and help not judgement

Pls take your anger to those other threads

Elle00

bb23 wrote: »

Thanks - My girls are 2 years 7 months, and 8 months 2 weeks. No disabilities. My rent is £420 a month although i'm hoping when i update my housing assoc that they'll offer me a council flat in our nearest town - i'm not scared to move as i really wouldnt have any choice

this is my income and expenditure at present - obviously, most of it would change once i stopped working.

In Monthly:
Wages: £1,282 (this will go)
Child Benefit: £124
Maintenance payments: £250
Tax Credits: £699 (this will drop to £101 apparently)

Out Monthly:
Rent £420.00
Loan £135.00 (HSBC managed loan)
Loan £30.00 (already with a collection agency, no interest on this)
trust fund £20.00
TV license £11.00
Council tax £73.00 (single person allowance - it was £103 before)
Mobile phone £10.00
Gas and Electric £104.00 (i just switched using Quidco to scottish power)
Water £55.00
Child Care 800.00
website £16.00 (i run this to make a small adsense income but it doesnt ever balance per month so i'm going to cancel it soon)
Home phone £20.00
sky £21.00 (i know i know, i could get rid of this one )
Baby supplies £60.00 (nappies for 2 kids, formula milk etc)
internet service provider £20.00 (trying to switch at the moment)
food shopping £160.00
contents insurance £10.12


My loan repayments are on the lowest i can manage. I'm not allowed to do anything with the HSBC managaed loan, believe me - i've tried everything.

My original post was deleted for some strange reason? No idea how that happened!!

Anyways, you have to decide what is best for your family unit and your children are ever so young. I couldn't manage working full time when mine was 20m but then I had a c*** childminder which didn't help!

You would be alright financially I think, you're not actually that much better off in real terms being at work because of the childcare you're paying.

If you claimed full lone parent benefits, you'd be in the following situation (as a guide):

In Monthly:
Income Support: £262
Child Benefit: £134
Maintenance payments: £43 (£10pw - the rest goes to DWP)
Tax Credits: c£400 (you may be penalised for stopping work part way through the year though)

Out Monthly:
Rent £0 - full Housing Benefit / LHA
Loan £135.00 (HSBC managed loan)
Loan £30.00 (already with a collection agency, no interest on this)
trust fund £0 - you'd have to put this on hold for a few years.
TV license £11.00
Council tax £0 - full Council Tax Relief
Mobile phone £10.00
Gas and Electric £104.00 (i just switched using Quidco to scottish power)
Water £55.00 - This is too high - are you on a meter?
Child Care £0
website £0 (when cancelled)
Home phone £20.00
sky £21.00 (i know i know, i could get rid of this one ) It's up to you but freeview is perfectly good.
Baby supplies £40.00 (nappies for 2 kids, formula milk etc) - you'd get Healthy Start tokens worth £6pw towards milk.
internet service provider £20.00 (trying to switch at the moment)
food shopping £160.00
contents insurance £10.12


Working Total In: £2355
Working Total Out: £1965

Not Working Total In: £839
Not Working Total Out: £606


Also, when in receipt of Income Support you can get free prescriptions, eye tests and dentistry. You can access free playgroup sessions for over 2s (3 x 3hrs a week) and you can get concession rates at council run facilities like swimming pools.

You can work up to 16hrs a week if you want to but can't claim childcare. You can "keep" £20 of any earnings. So you can do website reviewing and things in the evening for Amazon vouchers to go towards Christmas. I sell Avon to earn my £20pw disregard because I can take my son with me (he's 2, nearly 3).

If you worked 16hrs a week (or more) you wouldn't be much better off. The one thing I've learned is that it's best to either be on benefits or off them - mixing things around works for some sure but few people seem to wind up in the situation the JC predicted they'd be when it comes to working part time!

bb23

mummytofour wrote: »

op I think your figures are wrong. Please double check them I cant see how you would only have £612 if this is the case then you would be getting H/B and council tax benefit also.

you're right - they're wrong -

this is what entitledto.com gives me if i process myself as single with 2 kids and no job

Coucil tax i pay 75 a month (single person discount at the moment)
have 2 children, one baby under 1
no disabilities
my age is 28
LHA of £132.69 per week
Child maintenance of £250 a month
this apparently gives me

Tax Credits £101.08 Weekly
Income Support/JSA £2.97 per week
Council Tax Benefit £17.50 per week - You will not have to pay Council Tax as you qualify for full Council Tax Benefit. Our calculation is based on you receiving £101.08 from tax credits.
Housing Benefit £132.00 per week - We have calculated your entitlement using the Local Housing Allowance rate you entered. LHA rates change every month so please return to the calculator regularly to check your entitlementOur calculation is based on you receiving £101.08 from tax credits.

Total Entitlements £253.55 weekly

i multiplied this by 4 and it lands on £1014.2

my question now is - is that a total that gets paid to me, or do you minus off the council tax because i dont have to pay it?
Also - i dont see child benefit in there - do i add on £124 to that total (monthly) to include my child benefit too?

Elle00

bb23 wrote: »

you're right - they're wrong -

this is what entitledto.com gives me if i process myself as single with 2 kids and no job

Coucil tax i pay 75 a month (single person discount at the moment)
have 2 children, one baby under 1
no disabilities
my age is 28
LHA of £132.69 per week
Child maintenance of £250 a month
this apparently gives me

Tax Credits £101.08 Weekly
Income Support/JSA £2.97 per week
Council Tax Benefit £17.50 per week - You will not have to pay Council Tax as you qualify for full Council Tax Benefit. Our calculation is based on you receiving £101.08 from tax credits.
Housing Benefit £132.00 per week - We have calculated your entitlement using the Local Housing Allowance rate you entered. LHA rates change every month so please return to the calculator regularly to check your entitlementOur calculation is based on you receiving £101.08 from tax credits.

Total Entitlements £253.55 weekly

i multiplied this by 4 and it lands on £1014.2

my question now is - is that a total that gets paid to me, or do you minus off the council tax because i dont have to pay it?
Also - i dont see child benefit in there - do i add on £124 to that total (monthly) to include my child benefit too?

I would answer that if I felt like you were in any way grateful for the extensive calculations I bothered to type out for you.

bb23

sorry i appreciate your help but i'm just so confused

i thanked you for your post - your calculations helped greatly i'm just wondering why entitledto gave me such a different figure.