Designed for Australian parents, it covers all the must-have baby essentials so you can plan and avoid overspending.
Erin & Adam | MyBudget clients
Budgeting for a baby means preparing for obvious baby costs and unexpected baby expenses.
Babies may be small, but their price tag can be huge! In this video, Tammy Barton, Founder & Director of MyBudget and proud mum of three, shares her personal experience and breaks down the real cost of having a baby in Australia.
Jaz | MyBudget client
Adam | MyBudget client
Preparing for a baby comes with lots of money questions. MyBudget helps turn the unknown into a clear baby budget plan:
From hospital costs and baby gear to nappies and parental leave income changes, the first year alone can cost anywhere from $4,000 to over $9,000.
You may be eligible for Paid Parental Leave (PPL), Dad and Partner Pay, Family Tax Benefit, and Child Care Subsidy.
Yes, but it takes planning. Creating a budget before baby arrives, building a parental leave fund, and reducing non-essentials can make it doable.
The earlier, the better. Ideally, start as soon as you’re planning for a baby so you can build savings and reduce financial stress.
Use a combination of budgeting, government support, flexible work arrangements, and savings to extend your time at home.
If you want private care, make sure to sign up at least 12 months before falling pregnant to meet waiting periods.
MyBudget has been featured in leading Australian media and trusted publications.
