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  • You South Africa

    7 financial steps to plan for a baby

    Jul 08, 2022 3 minutes
    BY LETITIA WATSON

    Send suggestions for topics and requests for info to yourmoney@you.co.za. We may answer your questions in this column but won’t reply personally.

    1 OPEN A SEPARATE ACCOUNT

    Once you’ve decided you want a baby, start saving! It’s a good idea to do so in a separate account because money in your transactional account is easy to spend. Consider setting up a monthly debit order. Many banks give you the option of linking a savings account to your transactional account. Or you can open

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