How much money do you need to raise a baby?

Question

I wanna see how much you mommies make compared to me. And NO I'm not a teenage I'm a grown adult. Just random question I don't know haha

Answer

I already have 1 daughter and trying for another. I am a stay at home mom and my husband makes around 70-80k a year. But we have a house and 3 cars that are completely paid off. Raising babies ain't cheap ;p lol

Answer

I am a stay at home wife and hubby works. We make 50k a year but live on half of that (the rest is taxes, retirement, savings and insurance), and we're not worried at all about paying for a baby/child. I think it is more important to really learn how to budget, than to have tonnes of cash. Budgeting and an emergency fund.

Answer

You dont have to make millions. You just have to know how to save and be conscious of how you spend. I think its best not to have debt. The less monthly payments you have the better.

Answer

My husband and I make a combined 130k. We have a house and mortgage and I have student loans. We don't live paycheck to paycheck but also have to save money when we can, make out own dinners and not buy stuff all the time. Maybe that seems like a lot  to some or a little to others but we are a little stressed thinking about saving for baby....

Answer

Combined we make about 110k but we pretty much live pay check to pay check because of medical and student loan debt. Rent prices where we live are through the roof. You can't find a 2 bedroom apartment for less than $1000 and that won't include anything. I can't wait to move out of New England. It's too expensive.