How to financially prepare for having a baby

Having a baby is one of the biggest - and most expensive - life changes a person can experience. Here's what you need to know about financially planning for a baby, according to Farnoosh Torabi, Editor at Large CNET Money. Find out if there is a magic number that tells you you're ready, what to think about ahead of time and learn what can probably wait.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

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Raising awesome kids takes help. NPR has science and experts to get you through the toughest parenting moments. Updated every time we have Life Kit episodes on parenting.Want another life hack? Try Life Kit+. Your subscription supports the show and unlocks an exclusive sponsor-free feed. Learn more at plus.npr.org/lifekit