Life Stages - And Baby Makes Three

So you're having a baby, Congratulations! Here a just a few things to keep in mind while you are waiting for your new arrivals"

• Start saving now for one-time expenses such a crib, car seat and stroller
• Consider your on-going additional expenses after the baby arrives as well, for example, diapers and formula
• Discuss work arrangements, Decide together if it is more financially prudent for one pf you to stay home or work part time
• Review your medical insurance coverage for maternity benefits and obtain the necessary forms to add the baby after he or she arrives
• Update and purchase additional life insurance
• Review your Will and make provisions for the baby