Prenatal Savings

Your money-saving skills take center stage when you or your spouse (or both of you) take time off to care for your new child. Once your baby arrives you may be living on a reduced income. Some companies provide little or no top-up maternity benefits but you still need to pay your bills.

Plan ahead by putting as much as possible per paycheck into a conservative account that is easily accessed, like a Tax Free Savings Account (TFSA) . For example, if you were to save $100.00 monthly beginning in the second month of pregnancy, finding an account with a 4% rate of return (compounded monthly) would give you $821.40 seven months later. At our free private sessions and seminars we will teach you about the advantages to having a tax free savings account.

Maternity and Parental Benefits (Employment Insurance)

Being able to take up to one year off from work and stay home with your new baby is a delightful thought. During this seminar we will discuss; maternity and parental benefits, who is eligible and how to apply. This topic will provide you with an overview of the benefits that are available to you during your maternity or parental leave.

Cost to Get Ready for Baby

We know that having a baby can be overwhelming. We've included some money savings tips on our site to help you with your budget. In our highly informative, interactive free private sessions and seminars we cover the costs, large and small that come with having a baby.

Can I afford? · Money Saving Tips