Money for New Parents

Learn how to budget for your baby, understand EI maternity and parental leave for you and your spouse, find out what child benefits you can get and how to plan for childcare expense deductions...

Becoming a parent is exciting - but it also brings new financial responsibilities and decisions. This practical, supportive session is designed to help expecting and new parents feel more confident, prepared, and in control of their money as they welcome a child into their lives.

In this workshop, you’ll discover how to make strong financial choices and reduce the stress and uncertainty that often come with having your first baby. We’ll walk through the real costs of raising a child today, how parental leave impacts your income, and the steps you can take now to plan for childcare and long-term family goals.

Learning Highlights

• Build a realistic baby budget, including hidden and often overlooked costs
• Understand how EI maternity and parental leave works for you and your spouse
• Explore ways to save money on baby essentials and early childhood expenses
• Learn how childcare deductions and government benefits affect your cash flow
• Understand RESPs, child benefits, and key federal support programs
• Get tips on how to start teaching your kids about money from an early age

What We’ll Cover

• The cost of raising a child in today’s world
• Budgeting for a baby during maternity leave—and after
• Practical ways to save on major and recurring expenses
• Planning for childcare & how childcare expense deductions work
• EI maternity and parental leave: what you’re entitled to
• Federal child benefits and tax-efficient family planning
• RESPs and early education savings strategies
• Introducing money concepts to young children
• Q&A to address your individual questions

Whether you’re expecting your first child or navigating the early years, you’ll leave with practical tools, clearer next steps, and greater peace of mind about your family’s financial future.

This program is conducted through Zoom.  Register to receive a reminder, the evaluation and any resource materials.

Click the link to join:  

Part of RPL's commitment to supporting financial literacy and economic development in Regina. If you have any questions about our Business, Personal Finance or Careers programs, please contact Tim at 306-777-6013 or txie@reginalibrary.ca     

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