Having your first child is a wonderful time for parents. But some financial concerns need to be taken into account.
According to the U.S. Department of Agriculture, it costs about $300,000 to raise a newborn baby until age 18. While daunting, the good news is you can spread those costs out over many years.
Don’t worry, we’re here to help. Watch the attached video for five tips for new parents.
It’s all worth it.
Jamie Bosse (CFP) is a certified financial planner with Aspyre Wealth Partners and a board member of the Greater Kansas City chapter of the Financial Planning Association. John McGrath of Kansas City PBS produced the video.
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