Q: Cost of baby?

Posted Thursday, March 22, 2007 8:53 PM

Q: What kind of expenses is our baby going to incur once she's born? How much should we budget for her?

A: Depends how frugal you are. Here's a list of major purchases and investments over the first year -- estimate how much you'll fork over for each to come up with a rough answer to your question. And remember... the amount you plan to spend doesn't always match up with the amount you actually spend.

One-Time expenses:

[  ] Nursery decorating/remodeling:

[  ] Crib:

[  ] Crib mattress:

[  ] Bedding and accessories:

[  ] Dresser:

[  ] Rocking chair:

[  ] Changing table:

[  ] Baby monitor:

[  ] Playpen, bouncy chair or walker:

[  ] Safety gates:

[  ] Baby bathtub:

[  ] High chair:

[  ] Bottles:

[  ] Pump:

[  ] Nursing clothes:

[  ] Medicine kit:

[  ] Stroller:

[  ] Baby carrier/sling:

[  ] Car seat:

[  ] Diaper bag:

[  ] Maternity leave salary loss:

[  ] Writing/rewriting will:

Monthly expenses:

[  ] Diapers:

[  ] Formula and food:

[  ] Clothes:

[  ] Toys:

[  ] Photo film and developing:

[  ] Extra laundry costs (water, electricity, detergent):

[  ] Child care:

[  ] Life insurance for you and your partner:

[  ] Medical insurance:

[  ] Disability insurance:

[  ] Medical bills (uncovered and co-pays):

[  ] College/education savings:

[  ] Contribution to savings:

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