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Back To The Beginning
Set Your Mat Leave Goals
Funding Maternity Leave
- I was unable to breast feed, so from 2 months we switched to sensitive formula which has not been cheap.
- At 6 months into my leave, I decided to extend my mat leave from 13 months to 16 months. My EI was ending and I would not be getting paid for months. So instead of just using my fund to top me up, it became my sole income.
- We are debt-free other than mortgage
- We had time to save up
- We set our financial goal
- We created a budget that would help us reach it.
- We live in Canada, where it does not cost us anything to have a baby
About The Author
Jessica Morgan is the founder of canadianbudget.ca and a Millennial mom of one who has a burning obsession with all things personal finance. Jessica has a BA in East Asian Studies from York University and a Masters in Business Administration from Toronto Metropolitan University. She is a career public sector employee with a Hybrid Pension, as well as an advocate for Canadian women to improve their personal finance knowledge.