Babies: How to Afford Your Bundle of Joy is a practical money guide for new and expecting parents who want to understand the real financial impact of growing their family.
Drawing on advice from financial experts, journalist Lisa van de Geyn breaks down the key costs and decisions that come with pregnancy and life with a newborn. The book explains how to set up and use registered education savings plans (RESPs), how maternity and parental leave affect income and taxes, and what government payments and benefits families may be entitled to once the baby arrives.
With a clear, Canadian-focused approach, the guide also looks at employment insurance, tax implications, and everyday budgeting strategies. Tips and practical examples help parents plan ahead so they can enjoy the excitement of welcoming a child while staying in control of their finances.
This concise resource is ideal for first-time parents, growing families, and anyone who wants a straightforward overview of the money side of having a baby in Canada.
- Understand maternity and parental leave income and tax effects
- Learn about government benefits and how to access them
- Get started with RESPs and long-term education savings
- Use budgeting tips to manage new baby-related expenses
