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

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 Tips for Reading Aloud to Babies & Toddlers
The AAP advises reading aloud to babies and toddlers because it boosts brain power and has many other benefits. Get some tips for making the most of story time with your tot!

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!

How to Survive Summer Boredom
When the kids are home all day, every day, summer boredom strikes hard and fast. Learn the best summer boredom busters and tips for surviving until September.

12 Birthday Party Favors that Won't Get Thrown Away
The next time you're planning a birthday, forgo the penny candy and cheap toys. Send your guests home with one of these fun and creative party favor ideas!

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