Financial Planning for Baby
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|Sun, 06-06-2010 - 5:12pm|
Are you doing anything special to prepare financially for your future LO? I know a lot of the process of ttc, especially for those of us experiencing IF, gets very expensive so planning for baby isn't always at the forfront of our minds.
After this last cycle, I had an OMG moment where I fast forwarded 9 months and tried imagining how much money I would have in savings, whether or not I would go back to work or be a SAHM and what I would to to financially prepare. DH and I both work, and if needed I could stop working (although I think I have a need to contribute financially to my family.) I just want to make sure that if I am out of work for any extended period of time that we have enough money put away to cover that. We're not big spenders anyway, but I know that preparing now will be better for us and our future LO.
What are you doing? Cutting out an extra latte? Not doing anything differently?