Can You Afford to Have Another Child? 8 Financial Questions to Consider

|
3 of 9
Pile of pink baby supplies

"Start Up" Items


Diapers alone can cost around $100 a month. Add formula to the mix and it's a hefty monthly bill. The good news is that for subsequent children (especially if you have another of the same sex) you're probably already stocked with tons of baby gear and clothes, so that will be a savings compared to the expenses with your first.

Shop around in thrift stores for any furniture or big ticket items you might need. If you have a friend or family member pregnant with their next child, consider doing a clothing swap to freshen up your baby's wardrobe or to stock up on clothes for the opposite sex if you need them.

Do keep in mind, though, you may need to replace some of your gear. For example, the American Academy of Pediatrics (AAP) recommends avoiding older, used car seats to ensure maximum protection for your child. Most have an expiration date printed on them and if they don't, the rule of thumb is six years from the manufacture date. The AAP also recommends using cribs certified by the Juvenile Products Manufacturers Association.

Next: Living Space

Pregnancy Day by Day

Tell us your due date to receive our daily newsletter and find out what is happening in this day of your pregnancy!

Already a member? Log-in here

Name of the Day

stay connected

highlights

Join BIC on our mission to save handwriting and Fight For Your Write! Writing helps kids become better readers, boosts their confidence and sparks their creativity. Visit BICFightForYourWrite.com to sign our petition to save handwriting!

7 Fun Driveway and Sidewalk Games for Kids
Looking for classic outdoor games kids can play in the driveway or on the sidewalk, just like the good ol' days? From hopscotch to bubble-blowing contests, there's something for all ages!

Kindergarten Readiness App Wins Gold
Our Kindergarten Readiness app won the Gold Award of Excellence in the educational category at the 2014 Communicator Awards. This valuable checklist comes with games and activities to help your child practice the essential skills she needs for kindergarten. Download the Kindergarten Readiness app today!

Best Sun Safety Practices for Babies
Follow these sun safety practices for babies to ensure your little one stays safe on the beach and on sunny days all year long.

© 2000-2014 Pearson Education, Inc. All Rights Reserved.