Financial Preparation for New Parenthood

Financial planning for new parents is crucial, especially when considering maternity leave without pay. It's important to understand monthly expenses and how much should be saved to cover essential costs during maternity leave. For those who may not have paid leave through employment, it's advisable to save at least three months' worth of income, if not more, to accommodate potential delays in returning to work. Additional considerations include reviewing insurance policies for family benefits and preparing for changes in spending patterns as new parents may find themselves leaning towards convenience options like meal delivery services.