Monday, 19 June 2017

How to Save For a Baby

Many millennials want to become parents, but their finances are holding them back. The combined burden of student loan debt and sky-high housing prices make having a family seem like an unaffordable dream, but it doesn’t have to be. It might take some dollar stretching and extra budgeting, but you can afford to have the family you want — you just need to save for it! Start your Baby Fund now You have an Emergency Fund, you have a Retirement Fund, and now you need a Baby Fund. Ideally, you would start this before you even begin trying to become pregnant, but even if you find yourself with an unplanned baby like yours truly, a Baby Fund is a crucial first step to ensuring your family starts off on the right financial foot. A Baby Fund is a dedicated savings account to afford all pregnancy, birth, and child-related expenses. This is where you’ll save […]

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