A saying goes: "A baby will make love stronger, days shorter, nights longer, bankroll smaller, home happier, clothes shabbier, the past forgotten, and the future worth living for." Perhaps all these are valid points, and though this may sound a bit bizarre (that is, A Baby Will Make Bankroll Smaller!) , Budgeting for Baby is a significant aspect of one's financial planning. Arrival of a new baby is a matter to rejoice but for your comfort and baby's well being, it is necessary to start Budgeting for Baby as soon as you and your partner decide to have a baby. An analysis indicates that a new baby may require around $30,000 for first two years.
- Budgeting for Baby - A How-to Guide