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Here are some smart financial moves for new parents
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cnbc.comThere are a lot of «firsts» for new parents — and measures to shore up household finances are among them.
Expenses for a new baby are often higher than parents expect, according to financial advisors.
The average middle-income married couple spends $12,350 to $13,900 a year to raise a child, according to most recent estimates published by the U.S. Department of Agriculture. (The data, for a 2015 birth, includes costs like housing, food, child care and health care. It doesn't include pregnancy or college costs.)
But there are important factors beyond everyday costs, too. Here are some top considerations for new and expecting parents.
Budgeting might seem like an obvious necessity.
But managing cash flow goes beyond saving for big upfront
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