1. Weighing Your Options: Renting vs. Buying a Home

    Couple holding keys from new homePerhaps the biggest financial decision we make in life is whether to buy or rent a home, be it a house, townhouse, condo, co-op or multi-family dwelling. It is not a decision to be taken lightly and it involves numerous factors, including for new or expecting parents who may need more space and are looking to provide stability for a growing family.

    Every family’s situation is unique. There isn’t a one-size-fits-all answer. When deciding between renting vs. buying a home, and the timing, start by asking yourself the following questions:

    • How long do I plan to live in this location?
    • What are my future plans, both short-term (within the next 5 years) and long-term (five or more years from now)?
    • Do I have enough money to buy a home or would I need to get mortgage financing, and do I have enough additional money to cover expected and unexpected expenses?

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    Categories: Saving Money
  2. An Open Letter from a Parent to a Child

    Child sitting on couchTo my dear child,

    When I learned that I was going to become a parent, I must admit that I was a little nervous. My nervousness eventually subsided, however, and gave way to joy and excitement.

    I will never forget the day that you came into my life. You, my dear child, are the greatest gift that has ever been given to me.

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    Categories: Parenting Tips
  3. How to Introduce Your New Baby to Your Pet

    How to Introduce Your New Baby to Your PetCaring for a pet is often seen as excellent “practice” for raising a child. It’s not uncommon for a couple to adopt a pet together before becoming pregnant. The responsibility and lifestyle adjustments could be a good segue into raising a child.

    For many people, their pets become members of the family, which can be a great thing – until a baby comes along. A new baby can be a big change for everyone. If your family already includes a pet, there are some things that you can do to help your “fur baby” adjust to the new baby you’ll be bringing home soon.

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    Categories: Parenting Tips
  4. 7 Truths about Being a Parent: How Your World Changes When You Have Kids

    messy child in high chairNo matter how many parenting books you may read or how many people you may ask for advice, nothing can fully prepare you for becoming a parent. Think back to before you had children and to what your life was like, and to how different your life is now.

    If you could go back in time to tell yourself what you would experience after your child was born – the truth about becoming a parent – what would you say?

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    Categories: Helpful Checklist
  5. New Parents Primer: Staying in Touch with Childless Friends

    Adult friends and child at tableSome new parents, especially if they are among the first in their circle of friends to have a child, may find it difficult to stay in touch with their friends who do not yet have a child. It’s rarely intentional. Life simply changes. However, the change in the demands on one’s life doesn’t mean that you have to kiss your old friendships goodbye.

    Here are some ways to bridge gaps and stay connected with friends, whether or not they have kids:

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    Categories: Parenting Tips