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

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