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Spreadsheet: 1st Year Costs Of Fatherhood

$2.50 $2.00

A list of every item required for a baby’s first year, pre-filled with what it cost me. Update with your own income and expenditure to help plan financially for what’s ahead. Soon-to-be fathers can use it to:

  • Figure out how much a baby is going to cost in the first year
  • Forecast how much your household income will reduce by
  • Determine how much you’ll have to save to break even
  • Assess out how long you can take off in unpaid leave
  • Separate expenses into set-up costs, and ongoing costs
  • Ensure you don’t forget anything when ‘getting ready’ for the baby’s arrival
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Description

My wife thinks it’s hilarious…

But I have a spreadsheet for everything. And as fatherhood approached I tried to plan it all out. It didn’t work. There were too many unknowns. I came back with the benefit of hindsight though, and built a spreadsheet that can help forecast what’s going to happen financially when a little one comes along. There are always unexpected costs, of course, but it’s comforting having some kind of baseline as you take the leap!

And trust me, you’ll spend a lot more than $2 on stuff you never even use, so I reckon it’s a pretty good deal 😉

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