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

|
4 of 9
happy family moving into new home

Living Space


This question isn't whether you want to move — it's whether you'd need to move. If so, can you afford the extra costs of moving?

You'll likely have a bigger mortgage to pay more for a larger home. Refinancing your mortgage is a way to lower your payments, but just be aware of the costs involved before making this decision.

If you rent, consider how much you'll need at lease signing. Most landlords or management companies require first and last month's rent, as well as a security deposit and sometimes a realtor's fee.

Aside from moving costs, furnishing a larger home can be expensive, too. Instead of buying all new furniture, look for easy ways to redecorate on a dime, like these 10 cheap home makeover tips.

Next: Vehicle 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

stay connected

highlights

The Latest and Greatest Book for Kids
Search our interactive Book Finder for the top new books for kids of all ages, brought to you by the latest book in the I, Funny series, "I Totally Funniest."

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!

Top 10 Wintertime Neighborhood Games
Who says you have to stay inside when the temperature drops? Snowy weather is a great excuse to round up your neighborhood for some outdoor winter fun and games.

2015 Family-Friendly Oscar Nominees
The Oscar nominations are in, and they include several family-friendly movies. See which flicks earned a nod for Best Animated Feature Film and other awards.

© 2000-2015 Pearson Education, Inc. All Rights Reserved.