We heard an interesting tip on the Today show this morning from financial editor Jean Chatzky.
If you are considering the option of staying at home after your baby is born, you should "bank" one salary while you are pregnant and practice living on just one salary. This is a useful endeavor even if you are not pregnant yet but considering your options.
During this time, track expenses so you know exactly where your money is going. You will know by the time you have the baby if living on one income is feasible for your family or not.
CRAVINGS CUE: We will host our second "Beyond Baby" event at Cravings on Saturday, June 13, 11am until 1pm. A financial advisor will be present to discuss options for Financial Planning: Factoring in Baby...particularly future planning such as education and savings plans. Mark your calendars now!
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