New Parents Expenses

Once you decide to have a baby, your finances change significantly. Short of the everyday baby expenses (diapers, clothing, baby needs/wants) you will need to think about life insurance, disability insurance, wills and living trust ,college savings (529 plan), retirement savings etc.  Here is a fantastic article that details the top 10 money mistakes that new parents make.

For a report on detailed money tips for new parents read this link. It reviews wills, life insurance, tax breaks and disability insurance.