• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Home
  • About
  • Contribute
  • Contact
  • Resources
  • Forex Trade Plan
  • UK Betting Sites Not On Gamstop
  • UK Casino Sites Not On Gamstop
  • UK Online Casinos Not On Gamstop

Finance Girl

Digestible finance news for all




  • Business
    • Employment
  • Student
  • Shopping
    • Motoring
  • Money Advice
  • Finance
    • Making Money
    • Saving Money
    • Debt
    • Investing
    • Alternative
    • Retirement
    • Travelling
  • Home
You are here: Home / Featured / The financial costs of being a single parent

The financial costs of being a single parent

April 17, 2019 by Julie Leave a Comment

Being a single parent can be financially straining, especially during school holidays when you need to find activities to keep the kids entertained. Quite often you will see deals available for family tickets which offer big savings on days out, but are usually aimed at two parent families, meaning that single parent families miss out on these offers.

PayPlan have recently put together an infographic which highlights the true cost of family activities for single parents. While it may be free to go to the park or enjoy a day at the beach, there are some activities such as going to the cinema, the zoo and even going to the Warner Bros. Studio Tour that can all add up resulting in a costly day out. With 1 in 4 families in the UK being a single parent family, it would be great to see more companies offering deals that cater to this.

From the infographic, you can see that a trip to the cinema for a family with two parents and two children costs £19.50 per paying adult, whereas a single parent with two children would have to pay £32 in total. Likewise with a family ticket for Cadbury World, it would cost a family with two parents and two adults £24.80 and a single parent with two children £41.05. The results from the infographic show that in every instance, a single parent family will have to pay more than a two parent family.

As you can see, affording days out when you’re a single parent family can work out to be very expensive. The majority of companies who offer family deals seem to favour two parent families, meaning that single parent families are more likely to end up in debt if they try to afford these types of activities for their children. The research also shows that a third of children with a working single parent live in poverty, so it’s understandable that single parents have to use a payday lender or a foodbank.

If you are struggling with the financial costs of being a single parent or know someone who is, remember that there are professionals who can offer financial advice. Join in the conversation using the hashtag #CostOfSingleParenting.


Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)

Related

Other interesting websites

    Filed Under: Featured, Money Advice

    Reader Interactions

    Leave a Reply Cancel reply

    Your email address will not be published. Required fields are marked *

    CommentLuv badgeShow more posts

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Primary Sidebar

    Julie Cheung / Finance Girl

    Manchester blogger with an interest in personal finance, fitness and food. My posts revolve around saving/making money, things to do in and out of Manchester, and places to eat on a budget - but not always :-)

    Check out my psychotherapy blog

    Invest in Gold and Silver

    Read my post: Should You Invest In Gold?

    ☆ Top Finance Book Picks ☆

    ☆ Get Cashback Shopping Online ☆

    With over 3,800 retailers including M&S, Waitrose, Argos, Expedia, Amazon and eBay!

    Read how I made £521 on Topcashback here.

    ☆ Best Successful Mindset Books ☆

    Copyright © 2018 Julie Cheung