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Jesse

Im gonna be a dad!

That’s right, we’re having a baby boy!  I am a lucky guy.  A few years ago I had a rough patch of life when I got laid off…  Little did I know that the next portion of life would be so rewarding.  I met the most amazing woman who I now get to marry, got a great job and now the latest development; I get to be the father of a baby boy.  I pretty much get choked up just thinking about it, I cant wait for the first time I get to see him.

It seems like it was just yesterday that I was the kid looking up to my dad.  I remember nothing was ever a huge problem as long as dad was around.  Now its my turn to be the protector and guide and Ill be honest: its damn scary.  That being said Ill try to stick to some financial talk here.  I made a checklist of financial things that need to be done before/after the baby is born that aren’t related to buying things…Ill write more on that a different time.

1) Get the baby’s Social Security Card

2) Get the baby’s Canadian Social Insurance Card (since I am a Canadian citizen, he gets to be one too)

3) Adjust insurance to cover baby

4) Adjust budget for coming baby expenses

5) Check for government benefits/tax credits

6) Adjust my life insurance policy

7) Do a complete re-read of our company insurance policy so I can understand exactly what is covered with dependents and expenses once they are added.

8] Possibly start a 529 Educational savings plan

Feel free to add any that you think of…

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