420: 8 Money Moves Every New Parent Needs to Make Right Now

420: 8 Money Moves Every New Parent Needs to Make Right Now

Author: Clever Girl Finance May 5, 2026 Duration: 8:41

New Book - Clever Girl Millionaire; A Guide to Redefining What's Possible, Turning Ambitions into Actions, and Dreams into Millions - Available to order now

If you just had a baby, or you're about to, your life has changed in a big way. And your finances? They've changed too. In this episode, I'm breaking down 8 essential money moves every new parent needs to make right now to protect their family and build long-term financial security.

These are practical, real-life steps you can take immediately—even if you're exhausted and short on time. Because the truth is: the decisions you make in these early months can have a lasting impact on your financial future.

You'll learn key tips on: 

  • How to update your budget for your new reality
  • Why your emergency fund needs to grow—and by how much
  • What to know about adding your baby to health insurance
  • Why life insurance is critical once you have a child
  • Updating your beneficiaries and create a will
  • Starting to save for college with a 529 plan
  • Thinking through your income and career plan as a parent
  • Why automating your savings is a game-changer

 

For new and expecting parents:

Whether you're a new mom, expecting your first baby, or growing your family, these money tips will help you feel more confident and prepared with your finances.

 

More Clever Girl Finance Resources:

👋 New to Clever Girl Finance? Start here:
https://clevergirlfinance.com/start-here

❤ Get the best-selling Clever Girl Finance Books: clevergirlfinance.com/books

❤ Get access to 30+ free courses, worksheets, savings challenges, and our favorite banking resources: clevergirlfinance.com/course-packages

❤ Read the Clever Girl Finance Blog: clevergirlfinance.com/blog

❤ Follow us on Instagram: @clevergirlfinance


Money conversations often happen behind closed doors, but The Clever Girls Know Podcast With Bola Sokunbi throws those doors wide open. Here, founder Bola Sokunbi of Clever Girl Finance moves beyond theory to host frank discussions with women who are actually navigating the messy, real-world journey toward financial freedom. You’ll hear from people at every stage-from those tackling overwhelming debt to others strategically building investments and businesses. These aren’t abstract interviews; they’re personal stories about the setbacks, the windfalls, and the daily decisions that shape a financial life. This podcast digs into the emotional and practical sides of money management, all through the lens of women taking control to design a future on their own terms. It’s a space where the jargon is stripped away, replaced by relatable experiences and actionable insights. Tuning in feels like joining a trusted circle where honesty about salaries, savings, and financial fears isn’t just allowed, it’s the whole point. The Clever Girl Finance platform built its reputation on empowering women with financial education, and this audio extension delivers that same value in an intimate, conversational format. Each episode serves as both a reality check and a source of motivation, reminding listeners that building wealth is a personal journey with many paths, all worth exploring.
Author: Language: English Episodes: 50

The Clever Girls Know Podcast With Bola Sokunbi
Podcast Episodes
440: Are You Asking AI for Financial Advice? Listen To This First [not-audio_url] [/not-audio_url]

Duration: 25:16
AI can help you plan a vacation, write an email, compare products, and answer almost any question you can think of, so it's no surprise that more people are turning to tools like ChatGPT for help with their money, too. I…
439: Why So Many Women Don't Believe They Deserve Wealth [not-audio_url] [/not-audio_url]

Duration: 12:11
Wanting to build wealth doesn't make you greedy, selfish, or ungrateful. But for many women, believing that intellectually and truly believing that wealth is available to them are two very different things. On this episo…
436: I Thought Building Wealth Would Feel Different... [not-audio_url] [/not-audio_url]

Duration: 14:37
Money changes your life, but it doesn't magically erase fear, self-doubt, comparison, or the money stories you've carried for years. In this video, I'm sharing a side of building wealth that doesn't get talked about enou…
433: 8 Truths About Money Every Woman Needs to Hear [not-audio_url] [/not-audio_url]

Duration: 15:10
Building wealth as a woman isn't just about saving more or investing earlier. There are unique financial realities that many women face—and most traditional money advice doesn't talk about them. On this episode, I share…
431: Building Financial Stability as a Single Mom [not-audio_url] [/not-audio_url]

Duration: 37:14
On this episode of the podcast, we're joined by Easter Givens-Okoli for an inspiring conversation about building financial stability as a single mom during one of the most difficult seasons of her life. During the height…