Financial Literacy for Everyone
Follow Us
FacebookTwitterYouTube
For Broadcasters

Sign up for our weekly email and learn how you can play Jason Alderman's weekly Practical Money Matters on your station. Learn more

Subscribe
Play NFL

Challenge yourself with Financial Football
Play our fun video game to test your knowledge about money.
Play now

PMM articles

Practical Money Matters
Disputing a credit card charge? Graduating? Leasing a car? Learn important tips from our weekly article series.
Read now

social media

Connect with us!
For daily money tips, quips and pics, follow us on social media.
Like us on Facebook
Follow us on Twitter

Practical Money Matters Radio Series

October 31, 2011
Babies are Expensive


Are you planning to expand your family in the near future? Anticipating these expenses can help you prepare for your new arrival.

Transcript

If you're starting a family soon–congratulations. But be aware: Having a baby is an expensive proposition. Here are a few things to keep in mind:

Babies need a ton of stuff: car seat, crib, bedding, stroller, diapers, formula, clothing–the list goes on. Talk to experienced parents and seek out hand-me-downs. Research your employer's policies on parental leave. Understand how much time you can take off and for how much of it you will be paid.

Find out what is and isn't covered by your health insurance for the delivery. While you're at it, ask how much it will cost to add a dependent to your coverage.

Bottom line: Babies are a pleasure, but they don't come cheap. Make sure you're aware of the costs before your bundle of joy arrives.


Related Articles

Email to a friend

Your Name:
Your Email:
Recipient's Email:
Message:
Enter code:


The information that you provide through this e-mail feature will not be stored by Visa for any other purposes. Please refer to Visa's privacy policy for details.