We’ve partnered with the life insurance agency Haven Life to bring you seven straightforward tips to help you save money for your growing family.
Getting ready to have a baby involves a lot more than doctors’ appointments, birth plans, and setting up the nursery — it also requires new parents to take a careful look at their finances.
While it might be hard to imagine your little one heading off to college when they’re still a bean in your belly, that time will come around sooner than you expect. And in the meantime, you’ll face lots of other new costs along the way, from diapers and daycare to school lunches and field trips.
Raising a child in the United States costs $233,610, according to 2020 data from the U.S. Department of Agriculture.
Even though that figure might initially induce some serious sticker shock, a bit of financial planning can set