9 Financial Tips For New Parents
Preparing for Parenthood
You certainly can’t put a price on parenthood. But whether you’re thinking about starting a family or already have a baby on the way, it’s important to pay attention to the new expenses and responsibilities before they crawl in.
A child’s first two years, on average, could set you back nearly $16,000 once you add up the cost of Junior’s food, clothing, housing, transportation, health care, child care, toys and even entertainment, says the U.S. Department of Agriculture. That’s why it’s important for you and your spouse to discuss and agree on expectations, budget goals and strategies before the baby arrives. Read on to learn 9 need-to-know financial tips, from Kiplinger’s, brought to you by Quicken.
A child’s first two years, on average, could set you back nearly $16,000 once you add up the cost of Junior’s food, clothing, housing, transportation, health care, child care, toys and even entertainment, says the U.S. Department of Agriculture. That’s why it’s important for you and your spouse to discuss and agree on expectations, budget goals and strategies before the baby arrives. Read on to learn 9 need-to-know financial tips, from Kiplinger’s, brought to you by Quicken.
