Quote:
Originally Posted by red sky
Any new parents-to-be $hitting bricks with the financial change from being DINKS to, well, not being DINKS. Mat leave should be interesting and most months should be okay but we may stuggle some times. Luckily we have decent savings.
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Don't stress about it too much especially if you have backup savings. My wife grossly overestimated how much money we'd need as a result we barely had to tap the baby fund we had set aside. One thing to remember is that you're going to be so busy that you won't be spending money on entertainment at anywhere near the rate you had before.
If you're still planning to contribute to any RRSPs I would suggest getting a form from work that will have them lower your taxes to compensate for your contributions. That way you don't have to wait till tax season to get your money.