If you’re like me and have never yet had any children, you will likely be as surprised as I was at finding out just how expensive it really is to have kids. I found this really interesting article on globeinvestor.com that talks about the first year of parenthood. If you are thinking of taking that big step and having a baby in the near future, I would highly recommend checking out the article.
The article includes links to some helpful websites that can provide tips for saving money on baby items. Suggestions such as using hand-me-downs instead of buying everything brand new could help with the financial side of things. It also includes information on the Canada Child Tax Benefit and the Universal Child Care Benefit that will be important to know. It’s important to understand all of the government benefits and tax credits you are entitled to when you are a parent. Every little bit helps.