Children Planning

By: Announcer Financial Planners Sydney CBD  22-Jul-2011
Keywords: Children Planning

Before your baby takes his or her first steps, you can start taking a few of your own. It's never too soon to start budgeting for a child, planning for college expenses, considering tax implications and insuring your family now and over time.

First, think about what's most important to you and your family. Consider these questions:

Is staying at home with your child an option you can or want to consider, or will you need to find daycare?
If you choose daycare, do you prefer in-home, full-time or part-time?
Have you estimated your new budget? Will you have to cut back in some areas?

Adjusting your finances for a new child can have a major impact on every corner of your financial life.

Keywords: Children Planning

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