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Single Mum - Losing Benefits

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Comments

  • Sncjw
    Sncjw Posts: 3,596 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    What about going on the debt free wanna be page and post your statement of affairs people will pick out where you can save money to help you.
    Mortgage free wannabe 

    Actual mortgage stating amount £75,150

    Overpayment paused to pay off cc 

    Starting balance £66,565.45

    Current balance £55,819

    Cc debt free.

  • KxMx
    KxMx Posts: 11,473 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 20 June 2019 at 3:20PM
    Perhaps it's time for you to go through all your outgoings and see where reductions can be made or better deals found.

    View it as a lifestyle change from single mum with child to two adults living together. Adjust finances accordingly rather than trying to maintain a previous lifestyle on a new, reduced income.

    Consider also if you decide to charge his keep at your full benefit loss, he may move out within a few years and once again you'll face an income drop.

    Better to find a way to manage on less now that be back to square one later.
  • hopefully your son wil be working full time and with his wages will be paying housekeeping and anything that he needs eg travel/ toletries,clothes etc so that will save alot and in theroy you shouldnt really be worse of or are you saying your sons entitlements as a child have been subsidising the general house income?

    your on esa AND PIP so your not on basic income and also will be getting HB etc
  • will add i have been in a similar situation but no maintanance,i found i was better of when he went to uni as what i spent on him was more than the benefit i got for him and i can still afford to send some money to him and keep him when he comes home for the long holidays

    you may be surprised and find your better of
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