Some may say that there is no way to completely prepare for having a baby, but there is plenty you can do to make the path as smooth as possible financially for baby’s arrival. (I can’t help you with the sleepless nights except to tell you that eventually, though not as soon as you would like, you will be able to sleep through the night again!)
According to the USDA, a child born in 2010 will cost $226,920 to raise to the age of 17. That number doesn’t even include college expenses! Even if you take measures to cut costs, raising a child is still an expensive proposition. Ideally, your preparation should begin before baby is even conceived.
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