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S.T.E.P.S. - Smart, Tailored, Event-Driven, Packaged Solutions
provided by Women's Financial Network at Siebert
Having a Baby, Part I --
Introduction
Having a baby will undoubtedly be one the most exciting times in your life. In all of the commotion, it can be difficult to know which end is up, and just when you think that things can't get more any more chaotic, take a look at your wallet! A little lighter than usual... Now take a walk to the mailbox - brimming with bills. According to the US Department of Agriculture, the average middle-income family will spend $250,000 to raise a child until they are 18 years of age, not including any private school tuitions.
A baby can quickly alter the financial organization you once had. Careful planning
is the key to your financial security today, tomorrow and
beyond. With some basic planning tools you can at once get
a firm hold on your current situation and provide a bright
and prosperous future for your new arrival.
Continue to: Part II: Budgeting
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