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Crystal Colbert

Crystal Colbert

Senior Wealth Advisor at Financial Sense® Wealth Management (San Diego); CFP®, CTS™ and CES™ credential holder who hosts financial-planning segments on the Financial Sense Newshour podcast.

Aug 18, 2026

1:59
So what should potential parents start to think about?
2:03
Yes.
2:04
So we all know having a child comes with a fair amount of expenses, so really thinking about budgeting is gonna be very, very important to initially just, you know, go over.
2:15
So one thing that's really important is we all know to have an emergency fund.
2:19
But when you have a child, think about increasing that emergency fund because there are gonna be additional expenses that come with having your first baby.
2:28
So one thing top of mind, hospital bill.
2:31
When you finally get hit with that, it's thank gosh for insurance, but when you see that first hospital bill, it is crazy.

16 MINS LATER

18:44
Uh, you know, what are some kind of tax advantage benefits, you know, if we're working that we could consider contributing to at the time?

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