Valorie Burton: If you are expecting, you may get more than you were expecting. Preparing a baby is a florid activity, stocking up on baby supplies and setting up a nursery, but those kinds of things cost a lot of money. Finances play a big role in those three trimesters as parents figure out how to pay for everything, especially if mom's cutting back on work.
While you are taking steps to prepare for a baby why not prepare your budget. Start cutting costs now to make room for ongoing expenses. You can even start buying supplies like diapers ahead of time.
Some couples even build a mom fund into their budget during a pregnancy and set aside money in advance. Money in the mom fund may mean sacrifices in other areas, but it will help you both make the adjustment before the baby arrives.
Of course, it's hard to know how much a baby will impact your finances if you've never had a baby. So be sure to seek out trusted advice. Even talking to other parents you respect can give insight into costs ahead and clever ways to save.
That addition to your family will mean an addition to your expenses, but it's an investment you'll never regret.