How to financial prep for kids before they are a twinkle in your eye!

Mila breaks down the power of early planning with actionable tips on establishing tax-advantaged accounts like 529 plans, high-yield savings, and strategies to cut costs on essentials. She shares insights from moms who went from debt to diaper-ready, revealing how to streamline expenses, boost your emergency fund, and optimize insurance to cover prenatal and delivery costs.You'll discover:

• ​How to open a 529 college savings plan before conception and transfer it later
• ​The benefits of pre-saving with high-yield savings accounts, even on small contributions
• ​Key financial moves like paying off debt and building a baby-specific budget
• ​How updating health and life insurance can save headaches and money down the line
• ​Creative ways to shop smarter and maximize value in baby gear

This episode is perfect for women in their 30s planning for motherhood, those wanting to secure their financial future, or anyone seeking to rethink how we prepare for the next generation. Because building wealth before baby means giving your future family options, security, and peace of mind.Ready to take control? Tap into the power of early planning, make smarter money moves, and prioritize your family’s legacy today. Your future self and your future children will thank you.

MoneyWatch: https://www.cbsnews.com/news/cost-to-raise-a-child-300000-us-state-by-state/

Yahoo Finance: https://finance.yahoo.com/economy/articles/now-costs-over-300-000-172110739.html

Lending Tree: https://www.lendingtree.com/debt-consolidation/raising-a-child-study/

NYT:

https://www.nytimes.com/2024/07/25/well/mind/child-free-adults-pew-study.html

https://www.nytimes.com/2026/04/09/us/fertility-rates-decline.html

https://www.nytimes.com/2026/04/26/business/children-rising-costs.html

https://www.nytimes.com/2026/02/27/us/politics/us-birthrate-decline-women.html?searchResultPosition=1

529 Plans:

https://www.fidelity.com/529-plans/what-is-a-529-plan

https://www.savingforcollege.com/intro-to-529s/which-is-the-best-529-plan-available

https://www.savingforcollege.com/article/how-to-transfer-your-529-plan-to-another-state

Gerber Life Grow Up Plan: https://www.gerberlife.com/