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Five financial steps for new parents

Writer's picture: Adam C SmithAdam C Smith


Five financial steps for new parents in Halifax Nova Scotia

Be prepared financially to become a new parent by following these steps.


While personal finances may not be on your mind (likely getting enough sleep is), here are five important things to consider when bringing your bundle of joy home for the first time.


  1. A social insurance number (SIN)

  2. Baby comes first – but don’t forget about your other financial goals

  3. Start saving for post-secondary education

  4. Plan to protect your family’s financial security if the unexpected happens

  5. Budgeting for baby

I can help with every step along the way, whether you are expecting your first or already have a few children of your own. There are a few simple steps that I can help you make to build a more secure financial future for you and your family.



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