Guide to help expectant parents manage finances

WITH most “30-somethings” with children worse off compared to three years ago, the National Consumer Agency has launched a guide to help expectant parents manage their money.

Called Baby Steps, it is part of the NCA’s strategy to provide information to help educate specific consumer groups, at key life stages, by tailoring personal finance education material to their needs.

About four-out-of-10 people in their 30s, who have children, do not have a household budget. And just over half have made no financial provision for their retirement.