Nine money tips for new parents: Rob Devlin
Contents
Planning ahead for peace of mind
Tribeca’s Head of Advice, Rob Devlin, recently shared his experience with The Australian Financial Review, offering practical insights on how to financially prepare for a new addition to the family. From the rising cost of nappies to the impact of parental leave, Rob highlights key considerations that can help parents feel more confident about their finances.
Nine tips for new parents
- Consider healthcare costs early
- Brush up on parental leave entitlements
- Don’t forget about super
- Plan for changes to your cash flow
- Research the childcare landscape
- Plan ahead for education
- Future-proof housing needs and costs.
- Think twice before splashing out on baby items
- Reassess your spending priorities
By taking these steps, new and soon-to-be parents can navigate the financial challenges of welcoming a baby with greater confidence and peace of mind. Planning ahead and staying informed are key to ensuring a secure financial future for your growing family.
Australia Financial Review
For more than 65 years, The Australian Financial Review has been the authority on business, finance and investment news in Australia. It has a reputation for independent, award-winning journalism and is essential reading for Australia's business and investor community.