Baby on the Way? Here Are 3 Financial Steps You Need to Take Now

From the hospital bill to the mountain of diapers, babies come with a lot of expenses. However, the cost of raising a child goes beyond keeping your baby clothed, fed, and healthy. If you’re becoming a parent for the first time, here are three financial tasks you should consider taking care of before your little one arrives. Bulk Up Your Emergency Fund Can you keep your household running in the event of a layoff, long-term illness, large home repair bill, or other unexpected financial hits? While everyone should have an emergency fund, rainy day planning is especially important for parents. An emergency fund is money you can access quickly and live on for up to three months; single-income ho

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