Budgeting for Baby · Consignment shopping and hand-me-downs will reduce that number...
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Diapers You’ll spend $1,100 on diapers and wipes in the first year (avg. cost is around $90/month). 2 Basic Baby Gear (car seat, stroller, pack ‘n play, swing, feeding chair, monitor, etc.) can easily add up to $750 or more. 2 Furnishing a basic nursery starts at $600 and can go up to thousands. 3 Go secondhand and save. Formula costs $105/month. 2 Baby Food in the 1st year will cost around $300. 2 Parents typically spend $35/month on books & toys. 2 Baby Clothing can cost up to $800. Consignment shopping and hand-me-downs will reduce that number significantly. 2 Budgeting for Baby Having a baby represents one of life’s most magnificent milestones. Expect your new arrival to impact every aspect of your life, including (and especially) your finances. Brace for that impact and plan accordingly. Costs for a C-section (after insurance) will cost $4,500. 1 Labor & Delivery costs for natural birth (after insurance) will cost $2,600. 1 1 http://www.parents.com/pregnancy/considering-baby/financing-family/birth-hospital-co 2 http://www.babycenter.com/baby-cost-calculator 3 http://www.whattoexpect.com/preconception/preparing-for-baby/work-and-finance/what-babies-really-cost.aspx Sponsored By: Know Your Newborn Numbers
Transcript of Budgeting for Baby · Consignment shopping and hand-me-downs will reduce that number...
DiapersYou’ll spend $1,100on diapers and wipesin the first year (avg. cost is around $90/month).2
Basic Baby Gear(car seat, stroller, pack ‘n play, swing,
feeding chair, monitor, etc.) can easily
add up to $750 or more.2 Furnishinga basic nursery starts
at $600 and cango up to thousands.3
Go secondhand and save.
Formula costs
$105/month.2
Baby Food in the 1st year will cost around $300.2 Parents
typically spend
$35/monthon books & toys.2
Baby Clothingcan cost up to $800. Consignment shopping and hand-me-downs will reducethat number significantly.2
Budgeting for Baby
Having a baby represents one of life’s most magnificent milestones. Expect your new arrival to impact every aspect of your life, including (and especially) your finances.
Brace for that impact and plan accordingly.
Costs for a C-section(after insurance) will cost
$4,500.1
Labor &Deliverycosts for natural birth (after insurance) will cost $2,600.1
1 http://www.parents.com/pregnancy/considering-baby/financing-family/birth-hospital-co2 http://www.babycenter.com/baby-cost-calculator3 http://www.whattoexpect.com/preconception/preparing-for-baby/work-and-finance/what-babies-really-cost.aspx
Sponsored By:
Know Your Newborn Numbers
