Having a child

It’s best to plan ahead for your baby when they’re still just a bump – or before, if you can manage it.

After they’ve arrived, you’ll be focused on new challenges, like trying to remember what sleeping through the night feels like and wondering how it’s possible for someone so tiny to make so much noise or need so many nappy changes. It’s an amazing and rewarding time, but there aren’t many people who say it’s easy.

Thinking about your finances now will make a real difference in the months and years ahead. Our aim with this short guide is to help put you a plan in a place where you can continue to enjoy your lives, while aiming to create the best life for your child.

Review where you are
Prepare for the pay you’ll receive
Think about Child Benefit – and tax credits
Pause before spending
Consider childcare
Plan for the worst
Think savings

Other life moments

Finances for married life

You’re back home after the honeymoon and ready for a life together. Here’s what to think about so you can make the most of it.

Find out more

Planning for your child’s university

University can help your children achieve their dreams, but it may come with a significant cost attached. We look at some of the ways you can prepare for the opportunity.

Find out more

Important information
The value of investments can go down as well as up, so you may not get back what you invest. Tax treatment will depend on your personal circumstances and tax rules may change in the future. Withdrawals from a Junior ISA will not be possible until the child reaches the age of 18. Fidelity Personal Investing does not give advice based on personal circumstances. If you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser.