The Single Mum’s Guide to Making Money on Your Terms

Becoming a single parent (or lone parent, as the government calls it) can bring about mixed feelings – relief for some and panic for others, especially when the realisation that you are now in full and sole control of your finances and that of your children come into play.

20110722-081526.jpgOften the panic stems from thoughts about how are you going to cope, and then what about work – will you quit and become a full-time mum, will you reduce your hours so you can spend more time with your children and get some financial assistance through state benefits, or will you continue or start working full-time because you need the money?

Whatever you decide, there will still be bills to pay and a family to feed, so you will still need to earn money. So what are the best options out there for single parents to make money, while raising a family?

We’ve produced a 10-page guide that will help single mums find out whether they should go back to work, and if not see how else they can make money while raising their children.

To download the guide, just sign up for the Mothers Who Work Club membership (£5/month) or buy now for £5.

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Working mums: there’s only a week left to renew your Tax Credits

Tax credit claimants are reminded today by tax credit claimants have one week to renew their tax credit claims before the 31 July deadline, or your payments will stop.

Clamping down on tax credit applications and cheats

20110721-102838.jpgAs part of a clampdown on tax credit error and fraud, HMRC is examining claims very closely this year. The focus is on claimants’ statements on employment, self-employment, hours worked, childcare and children as well as any details that have changed since previous years’ claims.

You must let HMRC know of any changes in your circumstances that they haven’t already reported during the year. These could be changes in your working hours, childcare costs or pay.