Financially Planning For A Baby

3 Money Tips for Expecting Parents 🍼👶🏻 

1️⃣ Pause the debt payoff if you’re expecting.
If you’re in Baby Step 2, go into “stork mode” and start piling up cash instead. Once mom and baby are home and doing well, you can throw that money at the debt.

2️⃣ Don’t overspend on every baby item.
Pick a few things that are worth investing in and save on the rest. Your baby doesn’t need the most expensive version of everything.

3️⃣ Start budgeting for baby now.
Diapers, formula, wipes, and all the little things add up. Create a baby category in your budget before baby arrives. I love using @everydollar for this because it helps you plan ahead instead of being surprised every month.

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