According to Yahoo Personal Finance, the average cost for the first two years of caring your child is approximately $32,000 and while this price is obviously not something most parents are thinking about when the pregnancy test shows that second pink line, it is the reality that parents will face as soon as the doctor cuts the cord. As the saying goes, "Parents are people who carry pictures
in their wallets — where their money used to be."
A new baby makes creating a budget a must on your list of priorities and conservative estimates of raising a child are now pegging the cost at about $10,000 per year until the age of 17. Yahoo Personal Finance Budgeting For Baby How-To Guide is a fantastic place to consider your growing family’s fiscal needs and how to plan for a financially positive future.
The new Yahoo Personal Finance portal may have been geared toward a more investment focused crowd in the past but Paul Patterson at SlipperyBrick assures us that newly retooled site will attract a larger audience and we think that families will appreciate the finance tools and information that are so necessary for today’s expanding families.
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