In 6 very long months I will be welcoming a little baby into the world. My husband and I have made great strides with our finances in the last 2 years but I think I may have been too eager for baby and we probably got started a year or two ahead of when it would've been ideal based on our finances. Oh well, no turning back now! Just need to budget Budget BUDGET!
Right now I'm trying to figure out what our finances are going to look like once the baby is here so I can budget accordingly and make sure we have enough money set aside when I take my 6 months off from work. My question is sort of vague, and I apologize for that, but how much can i anticipate spending on a baby each month? (Not factoring in daycare - My mom will be available for that once I go back to work
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I understand there's diapers, formula, clothes, etc. Luckily my MIL is friendly with a woman whose 3 children have outgrown many of their swings/carriers/toys/clothes/etc. and she is simply giving it all to my MIL to give to me (SO happy about that one!) I will also be having a baby shower and I've heard through the grapevine I'll be getting a carseat and some of the bigger items there. Between my MIL and the shower I'm hoping to have a lot of the bigger money items taken care of, but I am unsure what monthly allowances I should consider otherwise to factor into my budget?
Right now I'm trying to figure out what our finances are going to look like once the baby is here so I can budget accordingly and make sure we have enough money set aside when I take my 6 months off from work. My question is sort of vague, and I apologize for that, but how much can i anticipate spending on a baby each month? (Not factoring in daycare - My mom will be available for that once I go back to work
)I understand there's diapers, formula, clothes, etc. Luckily my MIL is friendly with a woman whose 3 children have outgrown many of their swings/carriers/toys/clothes/etc. and she is simply giving it all to my MIL to give to me (SO happy about that one!) I will also be having a baby shower and I've heard through the grapevine I'll be getting a carseat and some of the bigger items there. Between my MIL and the shower I'm hoping to have a lot of the bigger money items taken care of, but I am unsure what monthly allowances I should consider otherwise to factor into my budget?

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