You have a baby on the way? Congratulations! This is a momentous occasion for more than one reason. According to the U. S. Department of Agriculture, the average middle-income family will spend nearly $300,000 on their child (and that's just one).
Now don't let this get you down. Having a baby is a wonderful thing, and if money were the only issue to consider our population would have slowed considerably already. Obviously, you will need to prepare for the financial impact of having a baby. Here are some things to consider.