At single parent charity Gingerbread, we’ve been researching how single parents’ incomes and spending patterns compare with families with two parents. Our new report ‘Family Finances’ shows that lone parents’ poverty and struggles to get by can’t simply be blamed on bad choices about money.
In doing the research for this report, we were interested in finding out whether single parents were lacking key financial products, and what patterns there were in their attitudes towards money and their ‘financial capability’. We also wanted to know what their priorities were for Government action to improve their financial situation, and how they thought banks and building societies could help. The report presents the full analysis but here’s some of the highlights.
