Planning for your first baby

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Review your budget

Reviewing your current budget is a great place to start when planning for your first baby. Knowing exactly how much money you have coming in and going out is an important step towards making alterations to suit your new lifestyle as a parent. If you do not have a budget in place, now is a great time to put one together. You will also need to consider changes to your household income at this special time.

Get a financial health check

Now is a great time to have a financial health check. We can help with this by checking:

Prepare to make changes

Prepare yourself to make changes to your current spending habits. Having your first baby and the lifestyle changes associated can come as a huge shock to some people. While you may be months off big financial changes such as going from two incomes to one, it can help to start looking at changes you can make right now to save as much as you can before the arrival of your first baby. 

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