How parents can budget for a new baby and get their finances in order - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

3 steps to budget for a baby so you can get your finances in order and focus on being a good parent (by shmabbywolfe)

Having a new baby can be incredibly expensive, especially considering the actual birth costs thousands of dollars.Parents can't predict every expense, but they can be prepared to add a new baby to the family by adding up all possible expenses, totaling up their income, and creating a brand new budget to live by.

Your "bundle of joy" will also require a lot of things from you, though, and you should be well aware of them. Because one thing is certain: It sure isn't cheap. Here are three big steps you can take today to get your finances in order as much as possible before the new addition to your family arrives.Write down everything you'll absolutely need or think you might need for your family member, plus about how much each item might cost. You can leverage online toolsOtherwise, here are a few categories to consider.This includes items like diapers, apparel, a crib, a carseat, formula, bottles, and a stroller.

"From the birth to basic preventive care and everything in between, you need to understand your healthcare coverage when adding a family member," said Ericka Young, owner of

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

shmabbywolfe Really love this. Super important not to sacrifice lifestyle for financial independence. You can do both through smart budgeting!

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Report: Ann Taylor parent Ascena will close 1,200 stores in bankruptcy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 😢😢😢😢😢
Source: BusinessInsider - 🏆 729. / 51 Read more »

Novavax gets $1.6 billion from US's Warp Speed for coronavirus vaccine - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Lemme guess he owns part of Novavax My knee jerk is to roll my eyes. But we should be giving money to vaccine developers... it’s a drop in the bucket compared to the impact on our economy. Will be really interested to see the reporting. Novavax Fates and CDC Genocide CrimesAgainstHumanity CrimesAgainstChildren DrBright H1N1 SwineFlu Vaccine
Source: BusinessInsider - 🏆 729. / 51 Read more »

Mastercard and Visa may be challenged by a new European payment system - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Influencers have a new trade organization: American Influencer Council - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. lmao
Source: BusinessInsider - 🏆 729. / 51 Read more »

The most anticipated new TV shows premiering in July - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Economic outlook: Fed's Bostic says new virus cases could stop recovery - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The FED
Source: BusinessInsider - 🏆 729. / 51 Read more »