What Are the Best Financial Tips for First-time Parents?

Financial Tips for Parents to Build a Future for Their Children

Expenses and Other Factors to Consider While Expecting Your First Child

FAQs about Financial Tips for First-time Parents

How much emergency savings do new parents need? up-arrow

No set quantity or formula exists for this. However, an emergency fund should last at least a year.

What are some investment options for new parents? up-arrow

Mutual funds are one of the simplest investment options for new parents.

Can a newborn be included in a health insurance policy? up-arrow

Yes, parents may enrol their newborns in existing health insurance plans.