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Top tips for having your first child

If you’re about to have your first child, there are some simple tips you can follow to help you prepare financially.

Top tips for having your first child

As you’ll need to plan for living on a reduced income while you or your partner are on parental leave, find out early on what you’re entitled to during this time.

Check out online retailers and auction sites for second hand baby items as this can be a great way to save money.

Set up a high interest account to save for things like holidays, school trips or university fees.

Important legal information

Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065. Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278.

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS).

Telephone calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help us improve our quality of service.