Skip to main content

Baby or Bust: Financial Planning for New Parents and Parents-to-be

Baby or Bust: Financial Planning for New Parents and Parents-to-be

Nicola Field

ISBN: 978-1-118-31970-3

Jan 2012

192 pages

$19.99

Description

Your bundle of joy comes with a bundle of financial considerations -- everything from managing the mortgage on one income to paying for your child's education. So from the moment you decide to start a family it's worth taking the important step of getting financially fit for parenthood.

Mother-of-four and personal finance journalist Nicola Field takes parents and parents-to-be on a step-by-step journey that covers every aspect of funding a family. Baby or Bust tackles the key issues faced by parents today, including:

  • deciding when to have children
  • managing the extra costs
  • living well on one income
  • taking parental leave
  • working out which government benefits you are entitled to
  • saving for your child's education.

With lots of easy-to-follow tips and plenty of good, sound money advice, this entertaining and informative book is a must-read for anyone about to start a family. You may not be able to stop the baby from waking at 3 am but at least you won't be lying awake worrying about the family finances!

About the author iv

Acknowledgements v

Foreword vii

1 Ready or not? Knowing the right time 1

2 Can we afford a baby? 15

3 Forward planning 33

4 Nine months … and counting 61

5 Paying for everything 81

6 Maternity leave and beyond 93

7 Penny-wise parenting — surviving on one income 109

8 Living well on a budget 127

9 Bibs, bottles, briefcase 139

10 Saving for schooling 159

Notes 177

Index 181