Nine Months to Financially Prepare for a Baby

Nine Months to Financially Prepare for a Baby
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Anne Johnson
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Congratulations—you’re going to have a baby. A lot of excitement comes when that pregnancy test reads positive. Doctor appointments, baby showers, and learning the baby’s sex are top of mind for most expectant parents.

But what about the financial consequences of having a baby? Sound financial planning is more critical than picking colors for the nursery. The expense of a baby can blow the budget. How should you prepare financially in the nine months leading up to the big day?

Pay Down Credit Card Debt

Check your credit score when you find out you’re pregnant. Are you financially sound? It’s time to clean your financial house.
Anne Johnson
Anne Johnson
Author
Anne Johnson was a commercial property & casualty insurance agent for nine years. She was also licensed in health and life insurance. Anne went on to own an advertising agency where she worked with businesses. She has been writing about personal finance for 10 years.
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