I know we all have varying bills and costs of living, and I know this was discussed somewhere very early on, but now that we have a few months left and many of us are entering the 3rd trimester, I was curious what everyone had saved up.
I get unpaid (but reasonably unlimited) maternity leave, and I have about 5k saved, and I plan on taking 3 months off. I will keep saving these next few months.
Just kind of curious to see what you guys think and what you have planned.
Re: Moms with Unpaid Maternity Leave
Eta for clarity- I'm self employed so I also have to save to pay for office rent and staff while I'm out. And for some unsolicited advice- make sure you don't commingle your maternity leave $ with your emergency fund/other savings accounts. You don't want to be in a position where you have to choose between a car repair and an extra couple weeks with your LO (or credit card debt) If you over save for maternity then use the leftover to go toward the other accounts.
Low progesterone
Baby boy born 01/2016
Currently: NTNP
So I feel your money worries... At least breast milk is free right? ;-)
Married DH: 2013
DD: Dec 2015
BFP 8/14/17 --> Due 4/27/2018
We don't "need" my income, we would just suffer without it, budget grocery shopping, never go out to eat, probably cancel the cable lol. So I feel pretty good, I guess I was just curious because other moms at work were telling me what they had saved, and they varied so much.
I'll have only about 2 mths income saved by dec/jan, but at the same time we don't rely on my income for the mortgage or any other big bills. So I'm hoping 3 months off will be financially smooth.
Also, we completed and paid off any big projects or purchases before baby (like a new fence).....
I guess I'm just scared that I will have to go back to work before I'd planned on.
Thanks for the input ladies!
I was also worried about not being able to work through my entire pregnancy...but more so towards the end. I'm calling victory on every week I keep up my regular schedule st this point lol. I feel good, but my job is physical and definitely takes a toll.
I work in a restaurant and it's getting so much busier, which is great for saving!! But bad for my sore back and swollen ankles lol.
I wish you the best of luck in saving up a little and not having to go back too early!!