Comments on: The Financial Impact Of The New Baby http://www.ncnblog.com/2008/08/05/the-financial-impact-of-the-new-baby/ Debt Reduction Rocks - We Are Living Debt Free! Sat, 21 Nov 2009 11:44:22 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: Livingalmostlarge http://www.ncnblog.com/2008/08/05/the-financial-impact-of-the-new-baby/comment-page-1/#comment-124374 Livingalmostlarge Thu, 07 Aug 2008 02:49:56 +0000 http://www.ncnblog.com/?p=1469#comment-124374 Hope that the baby is well and nothing serious! Hope that the baby is well and nothing serious!

]]> By: NCN http://www.ncnblog.com/2008/08/05/the-financial-impact-of-the-new-baby/comment-page-1/#comment-124367 NCN Thu, 07 Aug 2008 01:41:05 +0000 http://www.ncnblog.com/?p=1469#comment-124367 @Amy... we had two older tvs just sitting around, so I put them in the kids' rooms, so they can watch movies, etc. w/ friends... @Amy… we had two older tvs just sitting around, so I put them in the kids’ rooms, so they can watch movies, etc. w/ friends…

]]> By: Amy http://www.ncnblog.com/2008/08/05/the-financial-impact-of-the-new-baby/comment-page-1/#comment-124252 Amy Wed, 06 Aug 2008 18:47:55 +0000 http://www.ncnblog.com/?p=1469#comment-124252 Why is it necessary for the the two older kids to have their own tvs? Why is it necessary for the the two older kids to have their own tvs?

]]> By: Frugalchick http://www.ncnblog.com/2008/08/05/the-financial-impact-of-the-new-baby/comment-page-1/#comment-124155 Frugalchick Wed, 06 Aug 2008 05:25:20 +0000 http://www.ncnblog.com/?p=1469#comment-124155 Great guideline. We're expecting our first child and trying to anticipate the changes in our budget that a new baby might bring. Great guideline. We’re expecting our first child and trying to anticipate the changes in our budget that a new baby might bring.

]]> By: NCN http://www.ncnblog.com/2008/08/05/the-financial-impact-of-the-new-baby/comment-page-1/#comment-124076 NCN Tue, 05 Aug 2008 23:26:34 +0000 http://www.ncnblog.com/?p=1469#comment-124076 @ Curt - The number is hard to nail down.. that's why I tried to show the impact, across the board... @ Curt – The number is hard to nail down.. that’s why I tried to show the impact, across the board…

]]> By: Another Personal Finance Blog http://www.ncnblog.com/2008/08/05/the-financial-impact-of-the-new-baby/comment-page-1/#comment-124073 Another Personal Finance Blog Tue, 05 Aug 2008 22:39:39 +0000 http://www.ncnblog.com/?p=1469#comment-124073 My wife and I just had a talk about when to plan for a second child. If we want to meet our plan of having them about two years apart, she would need to get pregnant in the next few months. With finances being one reason, we have decided to wait just a little longer. My wife and I just had a talk about when to plan for a second child. If we want to meet our plan of having them about two years apart, she would need to get pregnant in the next few months. With finances being one reason, we have decided to wait just a little longer.

]]> By: Curt http://www.ncnblog.com/2008/08/05/the-financial-impact-of-the-new-baby/comment-page-1/#comment-124069 Curt Tue, 05 Aug 2008 22:10:04 +0000 http://www.ncnblog.com/?p=1469#comment-124069 So .... what is the number? What was the financial impact to having a baby? $3000? So …. what is the number? What was the financial impact to having a baby? $3000?

]]> By: pksublime http://www.ncnblog.com/2008/08/05/the-financial-impact-of-the-new-baby/comment-page-1/#comment-124062 pksublime Tue, 05 Aug 2008 20:55:13 +0000 http://www.ncnblog.com/?p=1469#comment-124062 And don't forget that the extra dependent will readjust your stimulus calculation resulting in an even bigger refund. pksublime - YNAB forums And don’t forget that the extra dependent will readjust your stimulus calculation resulting in an even bigger refund.

pksublime – YNAB forums

]]> By: PK http://www.ncnblog.com/2008/08/05/the-financial-impact-of-the-new-baby/comment-page-1/#comment-124061 PK Tue, 05 Aug 2008 20:54:49 +0000 http://www.ncnblog.com/?p=1469#comment-124061 And don't forget that the extra dependent will readjust your stimulus calculation resulting in an even bigger refund. And don’t forget that the extra dependent will readjust your stimulus calculation resulting in an even bigger refund.

]]> By: Taylor http://www.ncnblog.com/2008/08/05/the-financial-impact-of-the-new-baby/comment-page-1/#comment-124056 Taylor Tue, 05 Aug 2008 20:18:28 +0000 http://www.ncnblog.com/?p=1469#comment-124056 We just recently had a third baby too (she is now 6 1/2 months old). We have basically experienced all the same changes in the budget that you mentioned above. Of course, the third one does not have such an impact as the first two do, especially since we already had a girl so all the clothes can be used again, and there is no need to buy new baby gear or toys. But we have seen increases in daycare and groceries for sure. The one that we really didn't predict well though was increases in transportation costs. We had to buy a minivan (both of us had VERY OLD compact cars previously and we could not fit all three car seats in the back). We planned to buy the minivan and paid cash, and also we knew that the minivan would use more gas and cost more on insurance. However, we were unlucky that gas prices have increased so dramatically it is especially hard on our budget because we were used to such good fuel economy with the other cars. In addition, I did not anticipate the increase in the annual registration fees for the new minivan because our other cars were so old they did not cost hardly anything to register them. Now we have a brand new (to us) minivan which costs $300/year to register, versus $60 with my old car. There is always something unexpected. Kids are really expensive, but it is well worth it. I would love more but I don't think we can afford them with all the increases in expenses we had with the third one. We just recently had a third baby too (she is now 6 1/2 months old). We have basically experienced all the same changes in the budget that you mentioned above. Of course, the third one does not have such an impact as the first two do, especially since we already had a girl so all the clothes can be used again, and there is no need to buy new baby gear or toys. But we have seen increases in daycare and groceries for sure. The one that we really didn’t predict well though was increases in transportation costs. We had to buy a minivan (both of us had VERY OLD compact cars previously and we could not fit all three car seats in the back). We planned to buy the minivan and paid cash, and also we knew that the minivan would use more gas and cost more on insurance. However, we were unlucky that gas prices have increased so dramatically it is especially hard on our budget because we were used to such good fuel economy with the other cars. In addition, I did not anticipate the increase in the annual registration fees for the new minivan because our other cars were so old they did not cost hardly anything to register them. Now we have a brand new (to us) minivan which costs $300/year to register, versus $60 with my old car. There is always something unexpected. Kids are really expensive, but it is well worth it. I would love more but I don’t think we can afford them with all the increases in expenses we had with the third one.

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