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College education
Send 'em to trade school, problem solved! 😄
A wife
Time
1st year - diapers.
Are you talking about my client? Depends on how senior they are.
Alcohol. Not for the babies but you’ll need it.
Uppababy strollers
Daycare and college savings. The rest can be pretty minimal (I did buy the uppababy stroller and if you count the per use cost, it was basically free)
Yes. A good stroller is worth it’s weight in gold. Also, expensive not always good. We had a Nuna and hated it, a Britax and loved it. Harder to find a good double, we like the uppa
Baby years: Diapers
K-12 years: Private school (or property taxes for quality public school), sports/activities, and clothes
18+: College, wedding
We've got a 2.5 year old, so the memories are still fresh.
I don't think we had a single item that was all that expensive. The stroller was the most expensive at $400 something (BOB something, couldn't tell you the exact model, but we still use it regularly), the crib was ~$350, and the car seats were ~$200 each. We did Costco brand diapers, wipes, and formula, that was ~$100 extra that we spent per month compared to pre-baby, then dropped down to ~$60/month once we stopped supplementing with formula. My wife's pump was ~$250. Assorted other gear we got (swing, bouncer, pack and play, other odds and ends) came out to probably $400 all told.
In home daycare here in northern Virginia is ~$300 per week.
We got 18 months out of the initial car seats then upgraded to convertible seats at ~$250 apiece.
We budget about $25 per month for clothes for him.
All told, our capital purchases rang up to ~$2300-2400. Our monthly expenses increased by $1300-1500, counting daycare and all other expenses, including food.
Crib, stroller, car seats add up quickly. That’s not even getting into the consumables...
Got mine, combo car seat and stroller, for $249 during Black Friday and it’s a good brand
College
Stroller, diapers and formula
The nanny now. College later.
Diapers, oh man, used to double my Costco bill every visit when we needed more diapers, and formula and if you don’t have trusted & willing family near by, daycare will empty your bank act quick
+1 to the above. Costs also balloon at each phase of childhood- baby gear, childcare, school & activity fees. And not the biggest expense but one of those unexpected costs is if you live in a climate with big seasonal changes, buying all weather gear for every year or growth spurt. Rain boots, winter boots, jackets, coats, gloves, hats, etc.
It’s not the stuff that’s expensive (which if you shop around, shouldn’t be the thing that puts a dent in your wallet - like no one needs a $1500 stroller you can get a $300 one), but the related services- like nanny / daycare (depending on where you live usually $30k a year), and saving up for their college
Diapers, wipes, diaper cream, and formula
Diapers, formula if you’re using