Financial Planning For New Parents (and Parents-To-Be)

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If you are planning to have a child, or you just had one, there are some financial preparations that you may find extremely beneficial in the long run:1. Cash Flow: Create a realistic budget and increase your emergency fund;2. Estate Planning: Pick your guardians, create a trust, or at least complete the free estate planning templates your state provides;3. Life Insurance: Now that you have (or are about to have) another person who depends on you, please review your insurance needs. It'...