How to manage your money once you have a baby

Send us a text

Worried about how to manage your day-to-day money with a baby on the way?  Trying to figure out how to figure it out now that baby is here?

This episode of Sara makes Sense covers what facts to pay attention to, how to sort out how much money you've already spent and how much you have left to make choices on.

Have a question that you'd like Sara to answer in a future episode?  Email [e-mail]

Additional resources:

Maternity/Paternity leave benefits  in Canada: https://www.canada.ca/en/financial-consumer-agency/services/starting-family/maternity-parental-leave-benefits.html 

Maternity leave Europe: https://www.europarl.europa.eu/RegData/etudes/ATAG/2019/635586/EPRS_ATA(2019)635586_EN.pdf 

Child care costs by province, Canada:https://arrivein.com/daily-life-in-canada/child-care-in-canada-types-cost-and-tips-for-newcomers/

Child care costs United States: https://www.verywellfamily.com/affording-child-care-4157342#:~:text=The%20average%20cost%20of%20center-based%20daycare%20in%20the,%241%2C740%20monthly%29%2C%20according%20to%20ChildCare%20Aware%20of%20America.

Child care costs across Europe:  https://www.irishexaminer.com/news/spotlight/arid-40727262.html  

What Sara loves about this article about child care costs- it works with the percentage of family income that is spent on child care, not just the dollars to the care provider.  As we have discussions about how to change child care, increase women's participation in the work force and balance family and work, we need to look at different angles.  Even though it was written in 2018, there's useful information for planning your life: https://www.cnn.com/2018/04/25/health/child-care-parenting-explainer-intl/index.html