ECONOMICS
BUDGETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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maternity clothing
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formula
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diapers
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baby bed
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Detailed explanation-1: -Average Cost of Childbirth in the US Giving birth costs $18, 865 on average, including pregnancy, delivery and postpartum care, according to the Peterson-Kaiser Family Foundation (KFF) Health System Tracker. Health insurance can cover most of that cost.
Detailed explanation-2: -One study estimates that the average cost of home birth-including prenatal, delivery, and postpartum care-was $4, 650 in 2021. 7 Home births incur no facility costs and are often performed without medication, which is why they are typically far less expensive than hospital births.
Detailed explanation-3: -Monthly, you could safely plan on spending between $250 (no child care) and $1500 (with child care) a month on your baby.
Detailed explanation-4: -Determine your financial priorities. New parents are often in a rush to save for their child’s education, and that’s commendable. Practice living on less. Anticipate changing expenses. Prepare for when there just isn’t enough. 01-Jul-2020