The more important and necessary social life is for a human being, the more a society The family institution, which forms the core of that society, is of such vital importance. has Family, cultural identity, human values, and history in societies The importance of being a universal institution that protects and transmits continuity. makes it indispensable. 

The importance of the family institution, is due to its nature, the functions it undertakes, and whether these are carried out by an institution other than the family. That’s why we examine single-parent families and how they navigate financial challenges.

Studies showing that economic difficulties are more common in single-parent families and that the resulting situation increases vulnerability to depression also reveal that a good financial situation can improve health and well-being. These are listed as better housing, better nutrition, and better access to health services.

What Are The Unique Financial Challenges Faced By Single Parents?

There is a large literature examining how the employment, income, and poverty rates of single-parent mothers are affected by reforms in the welfare system. Accordingly, the employment status of individuals is an important factor for financial stability.

Studies have found that unemployed women’s risk of depression is 27% higher than working women, while on the contrary, this risk is 29% lower in full-time employed women. This picture appears to be more complex when single mothers are considered. 

For example, it has been argued that because single mothers are more likely to experience employment instability and work-family conflict, they will be at greater risk of encountering increased burdens in their efforts to integrate work and family.

While a full-time job allows for a high income, which can be beneficial to mothers’ mental health, it is stated that continuing to work can reduce the risk of depression by approximately 3%. 

On the other hand, there is evidence that full-time employment may hurt health, while there is also evidence that part-time or no employment has a positive health impact. In the context of these results, it can be said that mothers, whether single or partnered, face various risks regarding employment and earnings.

These risks; include job turnover, reduced commitment to the labor market, greater restrictions on job choice, and direct discrimination against mothers. These factors act together to reduce mothers’ earnings. 

How Can Single Parents Create A Budget And Financial Plan?

This is because it cannot be fulfilled as successfully and consistently as the family. In other words, the family is an irreplaceable part of society with its quality and functions. It is an institution. General functions of families, especially single-parent families Financial difficulties due to the economic conditions they are in.

It is extremely important. Therefore, this study examines financial distress as the only to determine the impact of single-parent families on their general functioning. was planned and executed.

The role of single parenting is quite challenging, especially when the family is headed by a woman. Difficulty of being a single mother; It is related to raising children and preparing them for the future and life.

The results of a study conducted by selecting a sample group of 50 single mothers using the snowball sampling technique to examine the social, emotional, and economic problems faced by single mothers revealed that financial problems are the main source of stress for the majority of single mothers.

Being a single mother makes life very difficult for those who are at the margins of the economy. Studies have shown that families where a single parent is a mother face a disproportionately high risk of poverty, and whether children are poor or not is shaped by the characteristics of the household and whether their parents are employed. It has been suggested that children who are remarried or remarried are less at risk. 

What Support And Resources Are Available For Financially Struggling Single Parents?

According to the results obtained from the research conducted to determine the factors affecting the financial distress experienced by single-parent families, as well as the relationship between financial distress and functions; financial difficulties of families; It varies depending on the parent’s education level, the family’s monthly income level, satisfaction with the income level and the number of children.

As families’ financial difficulties increase, their general functions become unhealthy. 

The following suggestions can be made to reduce the financial difficulties of single-parent families and enable them to function more healthily:  

To better understand families experiencing financial difficulties; Research should be conducted that includes the causes of distress, the negative effects of distress, and psychological factors associated with reducing distress, such as control. 

These results may help various institutions and organizations in reducing the distress of families experiencing financial difficulties, and may also guide the preparation of programs to increase personal finance and financial well-being. 

Training should be given to single-parent families by using non-formal education programs and mass media, and counseling centers should be opened, regarding the financial difficulties that may be experienced in becoming a single-parent family and the subsequent period and coping with these difficulties.

Can You Share Success Stories Of Single Parents Who Overcame Financial Hardships?

We can mention many success stories of single parents who overcame financial hardships. There are some common tips among people who navigate these challenges. The low levels of well-being observed among single mothers are often attributed to the lack of a stable partnership, the stress and responsibility associated with raising children, and difficulties with finding employment.

Research on those with partners has clearly shown that all people in a partnership, regardless of their parity, have higher levels of well-being than those who are alone. 

While unemployment studies reveal that the unemployed have lower levels of well-being than those who are employed, research on the correlation between having children and well-being has produced mixed results. The lower welfare levels of single parents seem to be related to their relatively weaker socio-economic position.

What Legal And Financial Considerations Should Single Parents Be Aware Of?

Decreasing earnings may cause women not to choose working life or to reduce their working hours, especially at a young age and when childcare costs are high. Children have a significant impact, to varying degrees, on their mothers’ employment and earnings, as well as a significant impact on families’ incomes. 

The tax and welfare system can offset some of the costs of children, although they are rarely sufficient to compensate for losses in child earnings.  Although the presence of children is associated with reduced female employment and increases and decreases in family income, the absence of a partner may have a significant additional effect. 

Although there is little evidence on how leaving a partner or becoming a single mother affects labor market outcomes, there is some evidence that marriage is important for women’s earnings. 

How Can You Navigate Financial Challenges As A Single Parent?

The more important and necessary social life is for a human being, the more a society The family institution, which forms the core of that society, is of such vital importance. has Family, cultural identity, human values, and history in societies The importance of being a universal institution that protects and transmits continuity. makes it indispensable. 

The importance of the family institution, is due to its nature, the functions it undertakes, and whether these are carried out by an institution other than the family. That’s why we examine single-parent families and how they navigate financial challenges.

Studies showing that economic difficulties are more common in single-parent families and that the resulting situation increases vulnerability to depression also reveal that a good financial situation can improve health and well-being. These are listed as better housing, better nutrition, and better access to health services.

What Are The Unique Financial Challenges Faced By Single Parents?

There is a large literature examining how the employment, income, and poverty rates of single-parent mothers are affected by reforms in the welfare system. Accordingly, the employment status of individuals is an important factor for financial stability.

Studies have found that unemployed women’s risk of depression is 27% higher than working women, while on the contrary, this risk is 29% lower in full-time employed women. This picture appears to be more complex when single mothers are considered. 

For example, it has been argued that because single mothers are more likely to experience employment instability and work-family conflict, they will be at greater risk of encountering increased burdens in their efforts to integrate work and family.

While a full-time job allows for a high income, which can be beneficial to mothers’ mental health, it is stated that continuing to work can reduce the risk of depression by approximately 3%. 

On the other hand, there is evidence that full-time employment may hurt health, while there is also evidence that part-time or no employment has a positive health impact. In the context of these results, it can be said that mothers, whether single or partnered, face various risks regarding employment and earnings.

These risks; include job turnover, reduced commitment to the labor market, greater restrictions on job choice, and direct discrimination against mothers. These factors act together to reduce mothers’ earnings. 

How Can Single Parents Create A Budget And Financial Plan?

This is because it cannot be fulfilled as successfully and consistently as the family. In other words, the family is an irreplaceable part of society with its quality and functions. It is an institution. General functions of families, especially single-parent families Financial difficulties due to the economic conditions they are in. It is extremely important.

Therefore, this study examines financial distress as the only to determine the impact of single-parent families on their general functioning. was planned and executed.

The role of single parenting is quite challenging, especially when the family is headed by a woman. Difficulty of being a single mother; It is related to raising children and preparing them for the future and life.

The results of a study conducted by selecting a sample group of 50 single mothers using the snowball sampling technique to examine the social, emotional, and economic problems faced by single mothers revealed that financial problems are the main source of stress for the majority of single mothers.

Being a single mother makes life very difficult for those who are at the margins of the economy. Studies have shown that families where a single parent is a mother face a disproportionately high risk of poverty, and whether children are poor or not is shaped by the characteristics of the household and whether their parents are employed. It has been suggested that children who are remarried or remarried are less at risk. 

What Support And Resources Are Available For Financially Struggling Single Parents?

According to the results obtained from the research conducted to determine the factors affecting the financial distress experienced by single-parent families, as well as the relationship between financial distress and functions; financial difficulties of families; It varies depending on the parent’s education level, the family’s monthly income level, satisfaction with the income level and the number of children. As families’ financial difficulties increase, their general functions become unhealthy. 

The following suggestions can be made to reduce the financial difficulties of single-parent families and enable them to function more healthily:  

To better understand families experiencing financial difficulties; Research should be conducted that includes the causes of distress, the negative effects of distress, and psychological factors associated with reducing distress, such as control. 

These results may help various institutions and organizations in reducing the distress of families experiencing financial difficulties, and may also guide the preparation of programs to increase personal finance and financial well-being. 

Training should be given to single-parent families by using non-formal education programs and mass media, and counseling centers should be opened, regarding the financial difficulties that may be experienced in becoming a single-parent family and the subsequent period and coping with these difficulties.

Can You Share Success Stories Of Single Parents Who Overcame Financial Hardships?

We can mention many success stories of single parents who overcame financial hardships. There are some common tips among people who navigate these challenges. The low levels of well-being observed among single mothers are often attributed to the lack of a stable partnership, the stress and responsibility associated with raising children, and difficulties with finding employment.

Research on those with partners has clearly shown that all people in a partnership, regardless of their parity, have higher levels of well-being than those who are alone. 

While unemployment studies reveal that the unemployed have lower levels of well-being than those who are employed, research on the correlation between having children and well-being has produced mixed results. The lower welfare levels of single parents seem to be related to their relatively weaker socio-economic position.

What Legal And Financial Considerations Should Single Parents Be Aware Of?

Decreasing earnings may cause women not to choose working life or to reduce their working hours, especially at a young age and when childcare costs are high. Children have a significant impact, to varying degrees, on their mothers’ employment and earnings, as well as a significant impact on families’ incomes. 

The tax and welfare system can offset some of the costs of children, although they are rarely sufficient to compensate for losses in child earnings.  Although the presence of children is associated with reduced female employment and increases and decreases in family income, the absence of a partner may have a significant additional effect. 

Although there is little evidence on how leaving a partner or becoming a single mother affects labor market outcomes, there is some evidence that marriage is important for women’s earnings. 

See you in the next post,

Anil UZUN