Are You Ready Financially?
 
What you need to know:
Many new parents are surprised by how expensive a baby can be. But if you plan ahead, these new costs will be easier to manage.


What you can do:
Six things to consider:
  • Take a look at your budget. How will having a baby affect your income and expenses?
  • Check the leave policy where you work. How much maternity leave do you get?
  • Check your health insurance. Does it cover medical care for you during pregnancy and for your newborn baby?
  • Make saving a habit.
  • Review or purchase long-term disability and life insurance coverage.
  • Check out special benefits that you may qualify for such as Medicaid and the WIC program.
 
  © 2008 March of Dimes Foundation. All rights reserved. The March of Dimes is a not-for-profit organization recognized as tax-exempt under Internal Revenue Code section 501(c)(3). Our mission is to improve the health of babies by preventing birth defects, premature birth, and infant mortality.