Baby Steps: Financial Planning for Expectant Parents

So, you’re expecting a baby. Congratulations — you’re in for quite a ride!

While you’re busy considering baby names, mulling color motifs for the nursery, working on your swaddling technique and otherwise basking in the glow of pending parenthood, it’s important to also focus on the practical stuff — the pressing financial issues to address before the Big Day comes, so you can spend more time savoring the magical moments (and enduring the not-so-magical sleepless ones) once the baby arrives.

Below are some of the high-priority financial planning items that personal finance experts suggest expectant parents put on their to-do list, with insights on how to go about addressing them.

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