What budget changes did people here find most helpful when starting a new family?

Question

Trying to make intelligent changes and figured people here have been through planning the kinds of things we're looking at....

Girly Girl · Answer

Honestly, starting a family is expensive. We did not plan well for things that we didn't anticipate, e.g. how much preschool costs in NYC especially because it seemed so far off when we first had a baby. I would list the things you know about now and think about what may happen in 5-6 years as well. Be sure to account for extra children and how that can multiple things. The biggest expenses in my experience had to do with education and childcare. Depending on whether you go the nanny route or the daycare route and what kind of private vs. public education choices you make, those are the biggest drivers of new costs.

Anonymous · Answer

Mint.com is the best! Helped our family track trends, categorize spending, and merge my partner's and my finances.

What budget changes did people here find most helpful when starting a new family?

You're invited.

See what women are sharing on Fairygodboss.