Budgeting for a new baby

5-3 family budgeting

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

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s