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Money and Finances
Reply to "merging money when you become a family"
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[quote=Anonymous]We are basically setting up another checking/savings account for baby, and we contribute equally to it. We will use the check card/checks for doctors bills, childcare, activities, clothing, etc. etc. and it also helps us track expenses for how much a baby is really costing. The savings account will be for her long term interests too. To avoid nickle and diming everything for her, we are just factoring in another $200 a month to the household grocery budget to cover the extras we know we will need to buy. To determine how much you contribute to the account - use a similar manner to how you divide up household expenses. For us, we basically estimated costs for everything, and we make sure that that amount is deposited each month. Does that make sense? [/quote]
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