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you’re free to figure out how much thats going to cost before you even have a baby.
Then, youll know how to prepare, she said.
However, if that feels out of reach, start with 10% and increase it annually.
Also, dont fall prey to the marketing traps of buying everything new and high-end, Musson stressed.
When you have a baby, it’s possible for you to ease into the financial impact.
you might find gently used clothes and gear second-hand.
However, doing this subjects you to a lot of unnecessary interest.
That will help you avoid the interest on credit cards and could save you hundreds of dollars per year.
Musson suggestedopening a 529 college savings plan, where earnings can grow tax-free.
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