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SPECIAL REPORT
A very special delivery: Finances and a new baby

Financial aspects of bringing up baby

Two can live as cheaply as one, the saying goes, but when the stork makes his delivery of that little bundle of joy, well, all bets are off. From diapers to diplomas, for the next 18 years your wallet and bank account will see an outward flow of money to everything from doctors to Disney. And as your little one progresses from cooing to college, the impact of your financial decisions may decide the course of his or her life for years to come.

In our five-part series, "A very special delivery: Finances and a new baby," we look at the financial aspects of having and raising children, from the day they land to the day they leave the nest. Whether it's having a credit card for emergencies, trading the Miata for a minivan, building an extension on the house or teaching your child the value of money, we'll show you how to bring up baby and -- maybe even have some money left over.

Babies and credit cards How much is that baby? The cost of raising a child
WITH: A baby budget worksheet

PLUS: Credit-card care and feeding: The importance of an emergency card with a zero balance
By Lucy Lazarony

Saving for the baby It's never too early to start saving for the baby -- we look at trust funds, college funds, education IRAs and savings accounts
WITH: College tuition plans
AND: Baby bargains
By Vikki Conwell
A vehicle to drive baby around The wheels on the car go 'round and 'round: How mom and dad can make the move from a sports car to a minivan
By Lucy Lazarony
Outgrowing your home Outgrowing your house: When the family gets crowded, is it time to move or expand your current home?
By Michael D. Larson
Teaching kids about money Piggy-bank basics: How to teach your kids the value of money
PLUS: Nine steps to raising financially literate children
By Michelle Samaad

 

 
 
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