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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.

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.