Published on June 11th, 2014 | by Parenting Solo0
Charity says single parents are struggling to pay their household bills
Gingerbread, the charity for single parents, says that most lone mums and dads are struggling to make ends meet.
The first report from their ‘Paying the Price’ project, which tracks how austerity is affecting single parents, found that around half of one-parent families frequently run out of money before the end of the week or month.
They also found that three-quarters of lone parents are ‘rarely’ able to save any money, making unexpected bills difficult to cope with. Nearly two-thirds of single parents told the charity they thought they would be even worse off next year.
Addressing why single parents are struggling so much, Gingerbread said benefit reforms have affected them more than the average family. They claim this is down to lone parent incomes being below-average, and with a larger proportion of their spending going on household essentials such as utility bills and food. They add that as sole carers of their children, it is even harder for single mums and dads to find flexible, sustainable work that covers the cost of childcare.
Their research found that over 90 per cent of single parents have cut back on spending, with many selling their possessions to make extra cash. Despite this, nearly 90 per cent said they have had to borrow money or seek welfare assistance to make ends meet.
See the full report here.
Do these figures ring true for you? Do you feel financially stretched as a lone parent?