It's not unusual for new parents to experience sticker shock. Who knew a being so tiny could run up such a bill? Experts estimate that new parents shell out about $7,000 in the first two years of a child's life, funding everything from nursery furniture to diapers to medical care and child care.
This outlay of cash can lead to parental money quarrels. Parents may disagree on issues of spending and saving. What can you do to navigate this trap? Experts offer this advice:
Source: The Northwestern Mutual Life Insurance Company
All content here, including advice from doctors and other health professionals, should be considered as opinion only. Always seek the direct advice of your own doctor in connection with any questions or issues you may have regarding your own health or the health of others.