Cost of Matthew at the 16-month Mark: $30k
Wow! My god! Jeez! When will I see the light at the end of the tunnel?
I keep a detailed cash-flow statement of our household finances for budgeting and planning purpose. This is not an exact breakout but should be very close to actual. When I have the time, I might get down to the more granular level but for now this is fine. I rounded it up to $30k which roughly breaks down to:
1. Hospital labor and delivery: ($2,000) my company does not cover 100%
2. Initial setup including bed, car seat, stroller, etc.: ($2,000)
3. Food: ($1,300)
4. Clothing, toys, medical expenses, etc.: ($4,700)
5. Formula: ($2,400)
6. Diapers: ($900)
7. Childcare center: ($15,600)
