Planning a baby – Cost of having a baby | Royal Financial of Scotland

Planning a baby?

Useful tools and tips to help with planning for a baby

Work out the cost of raising a child Start saving for your baby
Starting a family?

Raising a child is exciting but can be expensive. A bit of planning ahead will help you manage your money both before and after your baby arrives.

Having a baby

Add your signposting title here… Meet our mums

Laura, a soloist with the Royal Ballet, is about to be a first-time mum with plenty of questions about having a baby. To find out more about the cost of having a baby and planning your finances, she sits down with mum-of-one and expert blogger Sarah to find out some of the ways you can start budgeting for a baby.

Watch Laura discuss how her life has changed since discovering she’s expecting a baby and pick up some useful tips from Sarah on planning for a baby.

Find out what the experts say
Plan ahead with a Reward account

Our Reward account gives you 2% back in Rewards when you pay your household bills by Direct Debit. That's council tax, gas, electricity, water, phone, TV and broadband bills. That means for every £100 of household bills you get £2 back.  Monthly account fee applies.

Compare our current accounts See how many Rewards you could earn
Three percent
Mobile app

App available on most smartphones to Royal Financial of Scotland customers with Digital Banking and a UK mobile number

Mobile Banking app

Whether you are in a rush or just want to make the most of your downtime, our mobile app lets you stay in touch with your finances at a time that suits you. Plus, beyond checking your balance, it's packed full of features to let you do your day to day banking:

Pay your bills and friends

Log in using your fingerprint

Learn more about the app
Top tips from new parents

Tools to help you plan

Budget Calculator

Use our calculator to budget for all those baby essentials.

Cost of Raising a Child Calculator

See how much it costs to bring up a child.

Compare my Borrowing Options

Compare the different borrowing options that could help you.

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