Mrs. Dragon and I are expecting an addition to the family this summer! I expect the baby to look like this:
I mentioned this casually in the January expenses post, but after a comment about burying the lead (or is it lede?) I figured I should go ahead and make a dedicated post.
Babies are really expensive!
How are you guys doing your nursery? We painted ours in 14k gold! Nothing but the best for little Billy.
I’ve heard that babies literally ruin your life. I mean … they cost lots of money. Why would you have a baby?!? I thought you cared about financial independence and freedom!
Of course, I will be documenting all our expenses like normal, so you can see for yourself exactly what we are spending on the little tyke. And since the blog is almost one year old, we will have more than a dozen or so pre-baby expense months for cost comparison.
Since this is a financial independence blog, I will mainly be talking about the new addition as it impacts our plans for FI. Here are some topics that I expect to come up:
Choosing whether or not to have one parent stay at home (we both currently work full time).
What items are necessary for raising a Baby Dragon and how much they cost.
Medical expenses associated with having a baby and small child.
I’m sure there are many more, but those come to mind immediately. We were planning on this move so it (theoretically) shouldn’t push back our timeline. Time will tell.
I’ll keep this post short and sweet, but I just wanted to share the good news!
What are your thoughts about how having children affects chasing FI? Do you think we can still make our goal of $600k by Feb 2025?