8 Ways to Prepare Financially for a Baby

“If you’re preparing financially for a baby or new addition to your family, you probably have a million things running through your mind. Whether your mind is on diapers or you’re concerned about child care costs, we’ve put together this list to help you prepare for the arrival of your new family member.”

Whether you make $30,000 a year or $230,000 a year, a baby will give you a run for your money. According to CNN Money, the cost of raising a child born in 2013 for 18 years (not including college) is $245,000. This number is up 2% from the year before.

Yikes. That’s a lot of dough…

Read more: https://www.huffingtonpost.com/natalie-bacon/8-ways-to-prepare-financially-for-a-baby_b_6898930.html

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