Planning for New Baby-Related Costs

Having your first child? First-time parents often splurge on the big budget items, buying a designer stroller or a brand new crib, and then have little left over for the daily necessities.

Avoid this trap by understanding what baby-related costs you might not have anticipated in your budget. My latest article, Surprise Baby Expenses, discussed four big-ticket items that new parents often forget to plan for. It also shares tips on how to craft extra space in your budget to pay for these.