There are a lot of large expenses in life. Before the “Just Married” is washed off the car, the average married couple has dreams of multiple children, annual vacations, and homeownership in addition to (hopefully) contributing to and investing their Roth accounts. They also find that they have small starting salaries and student loan payments. Planning for these expenses can be challenging.
Take for example the dream of becoming a parent.
Baby Center has a “First-Year Baby Costs Calculator” which has average expenses, both ongoing and one-time, which you may experience and allows you to toggle …Read More