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How to Prepare for a New Child in Your Family: A Parent's Guide to Getting Your Financial House in Order

brightpeak financial's Free eBook Outlines Key Money Moves to Make Each Month

Contact: Ty Mays
770-256-8710

MINNEAPOLIS, April 14, 2016 /Christian Newswire/ -- Learning that a baby is on the way is great news for the parents-to-be, but it is also a daunting prospect. There are baby clothes to buy, a crib, stroller, diapers, hospital and doctor bills – not to mention college some day! Where will the money come from?

"Having a baby is a joyous time for any family, but a stressful time as well," said Lisa Steffes, CEO of brightpeak financial, a not-for-profit financial company that empowers Christians to live with financial strength and generosity. "That's why we have put together a free eBook that outlines, month by month, steps that will help minimize the financial confusion that can accompany the arrival of a child."

The free eBook, The Ultimate Guide for Growing Your Family: A Year of Money Must-Dos, provides a common-sense approach to the financial and emotional actions that can protect and enhance family life during pregnancy and after the newborn arrives.

The suggestions list financial steps that should be taken and tips for buying items the baby will need. The eBook gives new parents advice for:

  • Making a thorough assessment of the family's current financial situation;
     
  • Establishing an emergency fund;
     
  • Checking health insurance and parental leave policy;
     
  • Exploring child care costs and options;
     
  • Lining up a support team;
     
  • Adjusting or creating a will to accommodate changed circumstances; and
     
  • Buying a car seat and saving on baby clothes.

"Having a child can be one of God's greatest gifts," said Steffes. "Careful planning can ensure that the parents' focus remains on integrating the new child into the family, without additional anxiety."

A faith-based financial services company, brightpeak financial offers a host of financial products and advice to help Christians balance their finances while honoring their values. Educational blog posts and free, downloadable money-management tools can be found on brightpeak's website at www.brightpeakfinancial.com.

To download a free copy of The Ultimate Guide for Growing Your Family: A Year of Money Must-Dos, go to info.brightpeakfinancial.com/growing-your-family.

brightpeak financial is a not-for-profit financial services company that empowers Christians to live with financial strength and generosity. It is a division of the not-for-profit Thrivent Financial, a membership organization of Christians founded more than a century ago and named one of the World's Most Ethical Companies® by Ethisphere Institute. brightpeak's mission is to help families and communities thrive and become more resilient. www.brightpeakfinancial.com.