How To Build A Budget As New Parents

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How to build a budget as new parents

Rounding it up

  • Having a child is one of life’s most expensive milestones, and requires research, patience, and of course, budgeting.

  • Budgeting for extra food, essentials, and future plans is important in being financially stable with children.

  • Learning about your tax obligations and benefits can help you save a bit of money every year.

  • Being short on cash sometimes is inevitable — children bring unexpected costs, so be prepared with an emergency fund.

4 min read

Chrissy Kapralos
#budgeting#parenting#child care#saving

Chrissy Kapralos

Chrissy is a freelance writer and editor who is passionate about making financial education accessible. She is also a communications advisor for the Ontario Ministry of Energy, Northern Development and Mines. When she isn't writing, you can find her practicing yoga or watching horror movies.

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