CSA advice needed

judi24

I have 2 children by a first marriage who are 15 and 14. I have been appart from thier dad for over 10 years. During this time I have never had any child support from him (very long story). Cutting it short I have recently recieved notification from the CSA that he is to pay £66 per week from 29 th Jan with back pay of over £2000.

My question is what do you think I should do with this money?

All my debts are now on 0% interest and should be paid by dec this year without this money.

Thier dad used to give them some pocket money which I am assuming will stop as he has already said to the older child that she should get the money from me. I also want to be able to help them through university if they should want to go.

Should I give them some of this money, save some for the future or pay debt off quicker?

Any advice would be appreciated:D

anniecave

If your debts are at 0% then might as well leave them there until you can pay them off separately

I would save it and perhaps use some of of it for their pocket money and save for their future. If you can't pay off the 0% then you could you use it for that if it gets to that!

PS - congrats on your debt progress, looks well impressive

judi24

Thanks anniecave. Really need to update my sig with current debt. I think it will be about £11,000 by the end of Jan.

Won'y make much difference if all the debt is on 0% and can be paid off during the 0% period.

So will probabaly try to save some, give some pocket money and pay a alittle off debt. At least I don't feel guilty about kids loosing pocket money.