asked 35.8k views
3 votes
What is the first step in financial planning for a baby

asked
User Yamori
by
8.6k points

2 Answers

2 votes

Answer:

Review your health insurance. You'll need to add your new addition to your health insurance policy, so take the time to review your policy now, while everything is relatively calm

Step-by-step explanation:

answered
User Mennanov
by
7.7k points
3 votes

Answer:

in explanation

Step-by-step explanation:

Review your health insurance. You'll need to add your new addition to your health insurance policy, so take the time to review your policy now, while everything is relatively calm. ...

Register early. ...

Set up a baby account. ...

Create a (new) budget. ...

Start a 529 account. ...

Purchase life insurance and create a will.

answered
User Navnath
by
7.9k points

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