Having a Child? 7 Important Financial Considerations

If your family will be growing this year, set aside the time to think about these 7 financial considerations to prepare for your child’s arrival.

Having kids is expensive. But as a financial planner, watching my peers start families, I’ve realized that parents-to-be have much more complex financial issues to consider than whether or not they can afford to feed and clothe a baby.

You may never feel like you are 100% ready to have a child, yet there are important financial-planning steps you can take now to prepare for your growing family.

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