Budgeting for baby
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Sleepless nights, figuring out a schedule (like when to shower, for instance) and learning how to feed a baby are more than enough to keep a new parent on their toes. But now you have to budget, too" That?s enough to send you straight to your nearest takeout app to relieve some of that pressure. Don?t worry, we?ve got you covered: Here are some smart ways to save money while you focus on the most important thing in the world – that brand new little bundle (finally) sleeping in the just-constructed crib beside you. Because, as you?ve probably figured out by now, budgeting is best handled after a big cup of coffee while the baby naps. Here are some helpful tips to make sure you?re best stretching every dollar. Plan for parental leave
Aside from saving as much money as you can before you take your leave, remember that you?re going to be on a tight(er) budget for as long as you?re at home with the baby. If you?re lucky enough to get a top-up from work – that?s great! But keep in mind that if your top-up is for a shorter period than your leave, you?ll have to make ends meet on less than you were making while you were working. Try to find out how much you?ll be making each week on your parental leave, and try living off that amount for a few weeks to get a real understanding of how that will work for you in your life.
Figure out how much life with a baby will cost
It?s a cliché, but it?s true – diapers are expen...
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