Money tips for single parents

As a single parent, it’s particularly important you get your hands on all the benefits, grants and other government payments you’re entitled to.

You’ll already be familiar with well-publicised initiatives like Child Benefit, Statutory Maternity Leave, Tax Credits and Child Maintenance payments. However, there are lots of other, lesser-known benefits which can also prove to be financial lifelines.

First, check out the Sure Start Maternity Grant. This is a one-off, Social Fund payment of £500, designed to help towards the cost of a new baby.

The Maternity Grant is aimed at parents on a low income. There are various criteria defining who can claim it, which you can find out about on the GOV UK website.

Finally, remember that all expectant mums are entitled to free prescriptions and free NHS dental care while pregnant – and for a year following the birth.

If all the different options seem a bit confusing, try using the benefits checker on the Turn2us website. It should help you work out exactly what benefits apply to you.

If you have a child aged three or four, he or she is entitled to a minimum 15 hours of free early learning every week, for 38 weeks of the year. This education can take place in nurseries, playgroups, preschools or at his or her childminder’s. Some children aged two to three are also eligible for free hours.

To find an early education provider and location that suits you, have a look at this guide on the GOV UK website.

To more easily meet childcare requirements, parents also have the right to ask their employers for flexible working arrangements if their child is under 17 – or under 18 and disabled.

You must have also worked for your employer for at least 26 weeks, and be responsible for your child on a daily basis.

A detailed guide to your rights and responsibilities relating to flexible working can be found on the Citizens Advice Bureau website.

Childcare Vouchers are also well worth investigating. These are vouchers your employer may offer to help with your childcare costs. In some instances they’ll be offered in return for a reduction in your pay - known as a ‘salary sacrifice’.

However, you need to be aware that receipt of Childcare Vouchers may affect the amount of Tax Credits you can claim. To work out whether you’d be better off taking the vouchers or the Tax Credits, use this calculator.

Some schools run their own holiday and after-school childcare schemes, providing an affordable option for single parents who can’t always take time off work during these periods.

To find out about schemes in your area, use this search tool on GOV UK.

Finally, you could cut the cost of a nanny using websites like NannyShare or The NannySharers. They make it easy for you to search for other parents in your area who are also looking for childcare.

You agree to arrangements between you, hire a single nanny for both/all of the children involved, and split the costs accordingly.

Some charitable organisations offer grants to single parents. The Turn2Us website has a database you can search to see if any are available near you.

We all know about eBay - but there are now lots of other initiatives that let you pick up valuable baby and child equipment at a fraction of the normal price.

Community freebie sites like Freegle, Streetbank and SnaffleUp bring together people who are willing to give away unwanted items, and people who would love to receive them.

The National Childbirth Trust regularly runs ‘nearly new’ sales all over the UK: You can find the sales near you here.

And if you’re on a low income, you may also be able to claim cash or vouchers from your local authority to go towards specific everyday essentials.

For example, certain authorities will help with the cost of school uniforms. You can find your local one here.

And a Government scheme called Healthy Start provides free vouchers every week, which you can swap for milk, fresh fruit, fresh vegetables and infant formula milk. You could qualify for this scheme if you’re on benefits, or are pregnant and under 18.

There are now several companies who specialise in low-cost or good value breaks for single parents and their children. The Single Parent Travel Club, Single Parents on Holiday, Mango and Small Families are all worth checking out.

Finally, for money-saving tips and loads of other useful advice, check out the holidays sections of the NetMums website.