Starting a family or increasing the size of your existing family brings much happiness, as well as added expenses. What’s more, your household income can decrease if one of you takes time off work.
A new baby means surprise, anticipation, awe – and some major financial changes.
Your plans for financial freedom can be affected by changes in your family. It’s important to consider the longer-term impacts and to plan for the future of your growing family. This may give you some peace of mind, and leave you free to prepare for the happy arrival.
How we can help
We can help you understand the financial ins and outs of growing your family: