I want a baby, baby
My husband and I were married in September last year and I have come to a point where I am seeing babies and bellies everywhere!! We both want to have a baby but my husband wants us to save some money before we start trying. His initial planning showed that if we put away $50 a week into a high interest savings account, in 4 years we will have almost $15K. I think this is very sensible and I am not arguing with him on wanting to save some money. BUT I don't want to wait 4 years!!!! We are both currently on very good incomes and he is afraid that the loss of my income for a year would mean that we couldn't afford our current lifestyle. We want this baby to be born into a financially secure and loving home. We are both emotionally ready but not quite financially ready! Can anyone tell me how much they think we should save, how much their first baby cost and how much it will cost to stay home with baby for a year. Also, any suggestions on making some extra money would be great! Did anyone else out their save up some money before getting pregnant?