What to expect financially when you are expecting

Having a baby can change your perspective on life. This often means reassessing your financial situation and monthly spending. Mike and Patrick dive into some of the categories you should evaluate when growing your family.

Sources:

https://www.cbsnews.com/news/planning-for-a-family-how-to-start-saving/ 

https://www.usda.gov/media/blog/2017/01/13/cost-raising-child

https://www.cnpp.usda.gov/sites/default/files/crc2015.pdf

https://www.ssa.gov/oact/NOTES/ran6/an2018-6.pdf

Any opinions are those of Financial Advisors Mike Macco and Patrick Stoa and not necessarily those of RJFS or Raymond James. Expressions of opinion are as of this date and are subject to change without notice. Information was received from sources believed to be reliable, but accuracy is not guaranteed. Raymond James and its advisors do not offer tax or legal advice. You should discuss any tax or legal matters with the appropriate professional.