Budgeting for baby: Financially preparing for a child’s first three years
Kids can cost a lot, even when being frugal, but that doesn’t have to scare you from having one or two. However, it's essential that those looking to start or grow their families be aware of how much they need to bring up a child.
Babies are so cute! But boy, are they expensive! Between the never-ending supply of diapers, clothing, food, toys, and childcare, the costs can really skyrocket.
No wonder Gen Zs are prioritising their careers and well-being first before thinking about starting a family.
Many of these costs are gradual, and some may be optional, but with those cute, adorable faces, who can resist spending KSh10,000 for a wipe warmer?
Watch the video to learn more about the costs associated with raising a child during their first three years.