GRAND RAPIDS, Mich. (WOTV) Creating a budget for a new baby can be a daunting task… from child care to diapers to food and healthcare. Our friends from Fifth Third Bank have some tips from the professionals, and from a new mom herself.
Family budgeting tips
- Know how much money is coming in, and how much is going out
- Identify new expenses
- Adjust spending to accommodate new expenses
- Set aside money for emergencies