Being a parent is difficult. Being a single parent where you’re the only provider can be extremely challenging financially. Knowing how and where to get the help you need as a parent can make a difference in the quality of your life.
There are so many financial challenges that a single parent faces such as: Employment, daycare and housing.
There is plenty of financial help available for single parents. You just need to know where to look. Single parents need to educate themselves about what is available to them and how they can utilize the assistance to start a fulfilling life for them and their children.
One big area where a single parent can benefit is when they file their tax return. If they were employed throughout the year and have earned under a certain level, they can receive back a hefty tax return.
Financial assistance is also possible through government initiatives. Ontario Works is a program that allows residents of Ontario who are in financial need to get assistance. In order to apply for assistance you must provide:
• A social insurance number
• Health card number
• Proof of identity
• Information about assets, income and living expenses
• Signature allowing the government to verify all above information
Not all single parents have the support of family and friends to help guide and keep them on the right track so if you’re looking for local assistance for help in other areas of need, single parents can also turn to local services and churches. These services will help with clothing, shelter and providing resources.
We need to be honest about how expensive raising children really is. With a bad economy and the struggle with paying for gas, car payments, room and board, child related expenses such as diapers, medical and food will affect your financial situation dramatically.
Knowing how to deal with all this ahead of time will protect you. Managing finances can be overwhelming for anyone and although Government assistance can greatly help your circumstances, careful planning and budgeting and support from local services will empower you and make your life that much easier.
For more valuable tips and information, please visit www.prudentcreditrepair.ca
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» How to Get Financial Assistance If You Are A Single Parent
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