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Planning to have a baby is an overall joyful and exciting experience. But one of the biggest things to consider before having a child is your financial situation.

If you are concerned about financial planning, and whether or not you are financially ready to support a baby, you may want to take some things into consideration prior to pregnancy. We talked to Laurie Campbell, executive director of Credit Canada, who provides some valuable budgeting tips on how to save and curb debt before the baby comes. Some of these tips will help you decide if you are financially prepared for a child, and help you consider some of the necessary measures to take in your budget planning in order to prevent future financial trouble.

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