Parents should try to handle the financial issues related to upbringing of their kid. Certain factors to be kept in mind are:
-Pay your debt before the baby is born
-Find extra source of income
-start saving some percentage of your income on regular basis
-try to take advantage of certain child benefit schemes
-go for health/disability insurance
Life is so simple, do not make it difficult. Just try to manage yourself and give your kid the best in life.
