Before you start thinking about all the fun things you’ll need to help baby thrive, consider for the costs associated with your baby’s birth. If you haven't already done so, it may be wise to contact your healthcare provider to explore their coverage options for labor, delivery and possible out-of-pocket expenses you may incur.
“Baby steps” to help manage your family’s finances: It may give you piece of mind to apply for a credit limit increase on your credit card in case any unexpected expenses are higher than anticipated.
Outfitting your new baby with the latest toys and clothing that are both safe and stylish requires some research, but can be overwhelming to budget for all the gadgets.
“Baby steps” to help manage your family’s finances: Let friends and family know that an American Express Gift Card would be a welcome present. That way you can be selective in your purchases, ensuring you and your little one get exactly what’s on your wish list.
Estimating what your spending budget will look like once baby arrives will help you spend wisely as your family grows. Compare the costs of one-off purchases vs. recurring purchases like diapers, baby formula, and baby wipes via online retail sites.
“Baby steps” to help manage your family’s finances: Consider an
American Express® Card that is eligible for the Membership Rewards® program* for big-ticket nursery purchases, which can allow you to earn points on purchases that you can redeem for a variety of rewards offered in the program.
Caring for a newborn takes time and energy, so try to find time for some non-baby-related pleasures. Many expectant mothers choose to enjoy a little pampering in the last few weeks of pregnancy, such as a spa visit or a relaxing trip to the nail salon.
“Baby steps” to help manage your family’s finances: Treating yourself can be all the more stress-free when you use Membership Rewards points* to cover purchases charged to your eligible American Express Card.