Start a Family. Having a baby is one of the most amazing events in your life. It’s also a time when you’ll want to take control of your financial situation for you and your new family. With a little planning and effective management, the greater the possibilities and rewards for you in the future. Read on and we will explain..
Some questions you may wish to consider:
- What happens to my job while I’m on parental leave?
- Can we afford to live off one income?
- Will we be entitled to any Government benefits including Paid Parental Leave?
- Will we qualify for the Baby Bonus?
- Will I return to work part time?
- What happens to my Super while I’m on parental leave?
- What happens to my insurance cover held within my Super?
- Do we need to update our Wills?
At Tailored Lifetime Solutions we can help you:
- Establish a family budget including identifying saving opportunities
- Determine your cashflow including any Government benefits until you return to work
- Review the impact on your superannuation whilst on parental leave
- Commence a children’s education plan
- Consider appropriate insurances
- Establish/update your Will