Do We Have Enough Money to Have a Baby?
When planning to welcome a baby, finances are always a big part of the conversation. It often feels like no matter how much money you have, it’s never quite enough. You’ll see parents from all financial backgrounds—rich or poor—navigating the challenges of raising children, and that’s because the costs of having a child can seem endless.
Family planning is a two-way conversation where you and your partner need to assess if you have enough saved to support not just one child, but possibly more in the future. This means considering things like medical bills, daily expenses, education, and long-term savings. While it can be overwhelming, planning ahead and being honest about your financial situation helps lay the foundation for providing a secure and loving environment for your growing family.
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