Financial wellbeing for parents

Why a financial wellbeing guide for new parents and single parent families?

These guides can help you get equipped for some of the financial changes and challenges that come with welcoming a child into your family or raising children as a single parent. These include creating room in your budget for increased living costs and managing with a reduced income. Plus, they cover what help is available to parents experiencing financial difficulty. 

What's in the guides?

New parents guide:

  • Find out what parental leave and government assistance is available
  • Get tips on how to prepare financially for the changes ahead
  • Learn how you can take steps to manage impacts to your super

View new parents guide (PDF)

Single parent families guide:

  • Find out about the range of government assistance available
  • Know where to turn for expert help when you need it
  • Learn about other tools and support available to you

View single parents guide (PDF)

Couple with child

What is financial wellbeing?

Financial wellbeing is about:

  • Being able to manage your every day expenses
  • Being prepared for a rainy day 
  • Saving for the life you’d like one day

With positive financial wellbeing, we have the financial freedom to make choices that allow us to enjoy life.

Want to know how you're doing? Check your financial wellbeing score today.

Need more parenting support?

Resources and guides

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Improve your financial wellbeing

Find out how to manage your everyday expenses, prepare for a rainy day and save for one day.