|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.