Monday, February 20, 2012

The Costs of Expecting

From Daily Mail:

The financial strain of having a baby can come as a shock to many.

But a new study has found costs start to mount up even before the baby's birth.

Findings revealed that first-time parents spend an average of £1,786 in preparation for their newborn.

Meanwhile a wealthy six per cent fork out nearly £10,000, from decorating the nursery to freezing stem cells in the hope of medical breakthroughs.

Despite having limited funds, two thirds of expectant parents turned to credit cards or took out loans and a quarter reported financial woes after the birth.

Read more here.

MR

 

 

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