Forbes had a piece saying that adjusted with inflation raising a kid costs around $284,570. Let that sit…

Beyond the joy brought to parents from having or adopting a child, this is a huge financial transition. There are a number of issues to consider including how the costs of caring for a child will impact both their short-term cash flow and their long-term saving and wealth-building objectives.

This is a big checklist – be brave! Reach out if you would like a jump start.