Having a baby is a super exciting time, but it can also cause financial stress as your household income will drop and some new expenses will arise. In the presentation I teach parents-to-be how to get their family finances in order today so that they can enjoy every minute once their baby is born. Not only did I pull these tips together from my own experience as a new father and cash flow specialist but I also asked other new moms for the advice they would give to expecting parents. For even more tips visit: http://www.wscgroup.ca/expecting-parents-financial-tips/

1. Presentation by
David Field

2. This is my daughter Lauren.
She arrived five weeks early.

3. Before Lauren arrived we were
ecstatic and scared. We also had the
time and the means to get ourselves
organized.

4. After Lauren arrived we had a
significantly reduced household
income and were exhausted
and overwhelmed.

5. I don’t mean to scare you.
But I created this presentation to
teach you 3 tips to quickly get your
finances organized today.

6. It will help you enjoy your baby when
he or she arrives instead of worrying
about money.

8. Determine your household income on
maternity or paternity leave
and see how much of your current
expenses you can afford.

9. You may intend to breastfeed, use
reusable diapers and not need
extra help, but you won’t know
until your baby arrives exactly
what you will do.

10. Therefore, don’t forget to factor in
the cost of diapers, formula and
the help of a doula.
If you need help knowing how much diapers,
formula and doulas cost, download my
FREE baby cash flow worksheet.

11. You will want to reduce your
current spending today.
Live as if your baby arrived today
and your income has suddenly
dropped.

12. From now until the day your baby is
born save the extra money.

13. Use the surplus cash flow to:
✰ Pay off debts
✰ Save for future baby items
✰ Enjoy dinners, movies and
activities before your
baby arrives

14. If you can live on your reduced
income now, it will be even easier
when your baby is born.
You won’t have time to spend money
like you once did.

15. Also, the more money you save will
determine the baby items
you can buy.
Buying used is always money savvy,
but saved money could
buy you a few new items too!

17. There is nothing more important than
making sure your family’s lifestyle is
protected.
If you or your partner become ill,
injured or pass away your
family’s well-being is at risk.

18. Most families with children need
greater insurance coverage than
what is provided by employer
benefits.

19. Analyze how long your family could
continue it’s current lifestyle in a
crisis based
on the protection you have.

20. This protection could include:
✰ Life Insurance
✰ Disability Insurance
✰ Critical Illness Insurance
✰ Long-term Care Insurance

21. Insurance protection is something
easy to take care of before
your baby is born.

22. By getting it done today you’ll have one
less major thing to worry about.
Not sure where to start to know if your
family has the right protection?
Click here to learn my tips on where to begin.

24. Do you wish that bills would just
pay themselves automatically?

25. Paying your bills manually is a pain.
Imagine what it is like when
you have a screaming baby
and are sleep deprived.

26. Organize your bill payments so
that they happen automatically.
Then you don’t have to worry
about it when the baby arrives.

27. Make sure you time your bill
payments based on the timing of
your maternity leave income.
Do you want help knowing how to organize your
bill payments so you don’t run out of cash?
My online tutorial will teach you how.

28. Also, set a weekly spending
allowance for your groceries,
eating out, entertainment, sports,
hobbies, pets and any other
emotional expense.

29. This way, if you spend all your
allotted weekly spending money
you know you are about to
overspend.

30. Just remember that if you
overspend, there is a risk of
running out of money for your
automated expenses.
I’ve got some great ideas on how to automate
your weekly spending allowance so that it is
easy to manage. Click here to learn.

31. Click Here to Download
Claim your FREE Report!