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Household Budget

Novice Parents Severely Underestimate The Cost Of Raising A Child At The First Year

Having a baby is the greatest gift a set of couples can hope for. However, raising them can be a tiresome nightmare that can stretch for years if the couple underestimates its cost. There can be many reasons why such a thing happened.

Upon having a baby, the couple has no savings.
Couples tend to depend heavily on their parents and loved ones for financial support.
Thinking of baby supplies, disposables, and food as the main focus of expense provides less importance for child care, which can cost even more expensive than a future college education.
Emergency funds …