Whether you are a single Mum or about to become a single Mum finance and money issues will need to be addressed at some stage.
The break-up of a relationship results in the need for some independent thinking as you may find yourself as the sole provider for you and your family. So many single parents we come across have concerns over issues like saving for their children, pensions, and mortgages. Insurance remains a worry for many of us – “what would happen if”… is a question that, while easily avoided, does need to be addressed at some stage.
We find that debt, increasing mortgage and rental payments, and the ongoing costs associated with raising children, can leave most single parents juggling or in some cases spiralling out of control.
In an effort to bring help to this area of your life, we are providing:
A “budget link” which is a really useful tool in helping you look at money coming in and money going out. It can be a bit scary filling out this form, but, once it is done it offers a sense of relief as it lets you see where you are, and more importantly helps you identify areas where savings might be made.
Secondly, our “Directory” will enable you to find an Independent Financial Advisor in your area who is not only regulated by the FSA, the professional body that overseas the Financial Services Industry, but by adding their details to our site will have confirmed an understanding and willingness to take on board the particular financial issues facing lone parents.
We recognise a huge difference between financial selling and financial advice. Our advisors have a professional duty to offer you the best possible advice and to consider your individual circumstances in the round.
For further information or if you can’t find an advisor in your area, please e-mail info@onlymums.org
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