Financial Planning - Preparing For A Family
Although babies don't need much in the early days (even though there’s an array of products available in the market) the most difficult thing for most couples to handle is the loss of income when the baby's primary caregiver stops working.
If you both choose to continue working, child care can be an expensive affair.
A visit to an accredited financial planner may help you to identify how to manage your finances for your new family.
Cutting down on indulgent sprees, impromptu expenditure and other random expenses (if you come from a middle class background) is the first step towards achieving financial security for your new family.
You may be eligible for a government Maternity Payment when your child is born and may also be entitled to other benefits like the Family Tax Benefit, Child Care Benefit or Parenting Payments, depending on your income and assets.
Have more questions on pregnancy? Join a support group (if you have not done so!). Motherhood represents a completely new phase in your life and a community of new mothers who can journey with you will be helpful! Pregnancy tips, parenting tips, free diaper samples and exclusive diaper offers shared on the Huggies Club platform can ensure you are best prepared for your newborn child too.
The information published herein is intended and strictly only for informational, educational, purposes and the same shall not be misconstrued as medical advice. If you are worried about your own health, or your child’s well being, seek immediate medical advice. You should never delay seeking medical advice, disregard medical advice, or discontinue medical treatment because of information on this website. Kimberly-Clark and/ or its subsidiaries assumes no liability for the interpretation and/or use of the information contained in this article. Further, while due care and caution has been taken to ensure that the content here is free from mistakes or omissions, Kimberly-Clark and/ or its subsidiaries makes no claims, promises or guarantees about the accuracy, completeness or adequacy of the information here, and to the extent permitted by law, Kimberly-Clark and/ or its subsidiaries do not accept any liability or responsibility for claims, errors or omissions.
