As parents it's always our main concern in life to keep our
children safe and protected, and there are so many ways that we can do that
from before they've even arrived.
When we're pregnant, so many of us (myself included) have a
tendency to focus on things like what name to choose, which outfit baby will
come home from the hospital in, what to pack in our hospital bags...but did you
know that there are things you could focus your attention before you baby have
arrived that could help to protect their future?
Here are 4 of the ones that I think could be most beneficial.
1) Taking Out Insurance
I'm a little embarrassed to admit that I only took out life
insurance for myself last year - 4 years after I became a mum! It was one of
those things that I always meant to do but life got in the way and I just never
got around to it. As the chief earner in the family, it was a little wreckless
of me not to ensure that my children would be looked after financially if
something should happen to me - particularly when life insurance can be secured
so quickly and easily online.
This is something that you can take out at any time, and doing so
during your pregnancy - before the baby has arrived and you find yourself
struggling to find a moment to make a quick phone call - is certainly the wise
time to get it all sorted out!
2) Getting Your Will In Order
Again, rather embarrassingly it wasn't until last year that I
finally set up a will either! Again, something I've long since intended to do
and just never set the time aside to actually do it.
The process was far more simple and painless than I imagined. I
did it with a will writing company online and the whole thing took around 10
minutes from to start to finish. I wish I'd taken the time to do it during my
pregnancy just for peace of mind - even if you don't want to worry about
allocating your assets, you can set up a will declaring who your intended legal
guardian for your little one would be.
3) Investing In Stem Cell Storage
4) Set Up A Savings Account
Setting up a savings account for your little one can be a great
way to start building a little something for their education should they decide
to use it in the future, and can also give you a gifting option for well
wishing family members too following baby's birth too.
Most banks and building societys will be able to help with setting
accounts up quickly and easily - you'll need to the set account up in your own
name to begin with but this can then be transferred to your childs name
following the birth.
What things did you put in place to protect your babies future? I'd love to
hear your suggestions.
*With thanks to Stem Cell Fairy for collaborating with us on this post