11 Financial Tips to Prepare for a New Baby

If you’re planning to get pregnant, about to adopt, or due in the next few months, check out these tips to help you out financially.

Image Source: Kayla Butler via Ivory Mix

Save more than you think you need for maternity leave

Photo by Zach Vessels on Unsplash

Set aside extra money for childcare

Become thoroughly familiar with your health insurance

Try to save up your deductible

Photo by Scott Graham on Unsplash

Invest in a life insurance policy (or two)

Keep close track of bills received and paid

Skip the fancy expensive nursery

Image Source: Kayla Butler via Ivory Mix

Buy less than you think you need

Don’t spend money on something cute that you don’t need

Ask other moms what they really used vs. what everyone says to get

Photo by Jelleke Vanooteghem on Unsplash

Buy or borrow used when you can

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