Ashley Temer is a Financial Representative with Northwestern Mutual who helps professionals, families, and business owners plan for financial security. She’s here for your “Money Minute.”
Learning you’re going to be a parent brings a range of emotions with the realization that life’s about to change in a major way. Not only emotionally, but financially. This checklist will help you financially prepare for your new baby:
- Create a new budget
- Build your emergency fund
- Check on your life & disability insurance plans
- Start your estate planning
- Set up child financial accounts
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