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Babies and budgets

About this guide

Having a baby or growing your family through adoption or permanent care is an exciting time and one where you have to make many complex decisions. It's also a time when your costs can rise sharply and your family income may be reduced.

With all the exciting plans to be made, it may not be front of mind that many of the decisions you make at this time could lock you into higher energy use and costs into the future. For example you may be deciding to upgrade your car or purchase a second car, move house, renovate or decorate or buy new appliances or things for your baby.

This guide gives some easy, practical and realistic steps that you can take when deciding how to care for your child. It also provides tips on how to reduce your costs and impacts without blowing the budget.