102: Preparing Financially for a Child

This is part of the Your Money and Your Family course.

So you decided you are finally ready to have a bundle of joy. Like many young couples, you can’t wait to build a dream nursery filled with all the cuteness in the world. Getting ready for your first child is a super exciting time, but you must prepare for the costs of having a baby.

Besides all the adorable clothes, baby items, toys, and diapers you need to also consider health care for the baby, hospital costs and life insurance. And thats just the first year. This class will help from planning a baby budget to saving for a college education.