- 7 years ago
- Wedding: October 2012
@JamieinMN: lol I like how no one really read it. The comments are hilarious. I agree with her. You don’t have to have millions in the bank to have kids.
Maybe I got lucky, but I really didn’t spend much the first year with my daughter. I breastfed so I wasn’t spending $22 a can for formula. I used cloth diapers. She didn’t have 100 onsies or dumb baby things like newborn shoes. WTF!? They are just there for looks. I was single and did ok. Sure, she didn’t get a pony for her 1st birthday, but whatever. She’s happy and loved.
Great article and great tips! Never thought of the saving when feeling “flush”.. definitely gotta remember that one! Thanks for sharing =)
I think the only useful advice in there is to take hand me downs from friends/family. How is making a will going to help pay for formula?
I do agree that if you wait for the perfect time to have a baby you will never have a baby.
The article states “As long as you are not sinking into a financial hole, you can go ahead and have a baby”
Yes. Duh. Hence-you should consider finances before you have a baby-which is the opposit of the title of the article.
The article should actually be titled “Cost saving tips for people having babies”
The article focuses on supples. My biggest concern is the cost of educating a child in the long term.
Too many people seem to assume financial aid and government programs will ensure access to a top education these days. Being in education, I know that this isn’t necessarily the case. Middle class families seem to lose out on financial aid these days and programs are getting cut left and right.
FWIW, breastfeeding is obviously great, but you don’t usually know in advance about your ability to provide enough or your baby’s ability to take it. I have a friend whose first child had some serious allergies that required her to be on a special diet. She’s okay with rice-based products, but can’t have wheat, soy, or dairy. That was a huge surprise…and one that couldn’t be handled by insurance. The husband got a second job just to cover their Whole Foods bills (this was before mainstream supermarkets had glueten free products).
I still think its good to be prepared financially. Ofcourse you dont have to be a billionaire, but I wouldnt advice people who have no money to have a baby. Because the cost of having a baby itself is a bit scary lol depending on your situation
Most of the article has nothing to do with family planning (and IMO, the parts that do aren’t all that helpful). Having a will doesn’t make kids more affordable!
IMO, if you can only save 10% a month, you’re living really tight financially without kids. Someone who is living tight financially and doesn’t have much extra money each month shouldn’t purposfully be bringing added expenses into their life. What are they going to do when the car breaks down or the fridge goes out?
Obviously you don’t have to have millions in the bank to afford kids but having kids when you’re barely scraping by without them isn’t a good idea either. You have to find the balance.
That article seemed all over the place with advice. And it left out the biggest cost (at least that I’ll have) for babies – DAYCARE. Around here, you can expect to pay $1600-$1800/month. That’s more than my mortgage. Fiance and I make pretty good money, and we’re not all sure how we’re going to swing that.
@bells:Yea I’ve gone through the same thing. I kept thinking “we live comfortably, but what happens when a child comes?!?!!? They’re going to milk us dry!” Hahahahha, yes obviously if you’re in a financial mess, don’t. But don’t wait until “perfection”. You’ll be waiting forever.
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