Tuesday, February 16, 2016

Make Babies, Get Money

I know what you may be thinking, but no, I am not telling you to procreate in order to receive a tax incentive.  I am, however discussing how with careful planning pregnancy CAN be a profit (at least in the beginning when everything is SUPER expensive).
I started this blog in an effort to open up dialogue about parenthood as well as share tips about topics I knew little about prior to giving birth.
Note: These tips are best used when a pregnancy is planned.  My next baby will definitely benefit!
In 2011 I worked for an agency which offered a disability insurance plan for $30 a month.  I was aware the plan payed 70% of your income to you during maternity leave for up to 6 weeks.  While I thought is was an awesome idea, I myself wrestled with the idea of EVER having children, and I didn't see myself as needing the coverage.
You can only benefit if you are covered 2 months prior to conception.  I was unemployed by the time I conceived; however as my dad said, even though I didn't try to get pregnant, I didn't try hard enough no to.  I received unemployment and later got a different job, but the lesson was learned the hard way.
I have since happened across an informative little article on this link http://www.ourfreakingbudget.com/how-we-made-money-off-our-baby/
where both the author (and an insurance agent in the comment section) listed policies to investigate pre-pregnancy:
hospital indemnity
personal sickness
disability (which pays part of your income to you)
Also, AFLAC offers the 1 day claim fulfillment so your bills will not suffer as you wait in agony for claims to be processed.  Pretty nifty, right?

If you have any additional information, please comment below.
This is Realest Mother Dearest signing out.

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