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Financially Fit

Financial Planning

September 2018

Preparing Financially for a Family


Anticipating the birth of your first baby is at once exciting and intimidating. Along with the countless joys this new little person brings comes the insistence that you plan your family’s financial future wisely. Still, rather than be daunted by the facts – according to recent estimates, raising a child from birth to age 18 costs on average about $230,000 – it’s best to start at the beginning with a reasonable budget, thoughtful planning and a long-term dedication to savings.

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