1. The Cost of Baby’s First Year You and your significant other have discovered that you are going to be parents. Please investigate the costs involved in the care of baby during the first year of life. Then look at life scenarios to determine which families are most ready for the job of parenting. Rent: Find the cost of rent for a 2 BR apt for one month. (We will assume you have basic furnishings.) Stafford: $_______/month Your Choice: _____________/$_____ Total Cost/Year: $_____ Fredericksburg: $_____/month Location/Cost per Month Woodbridge: $_____/month Obstetrician: This doctor cares for you during your pregnancy (pre-natal), delivers your child, and cares for you after your delivery (post-natal). We will looking at delivery fees. We will assume that you have insurance and you will pay 10% of the doctor fees. Ob Fees: Total Costs: $_____ Vaginal Delivery: $_____ or C-Section: $_____ Hospital Costs: These are charges from the hospital for the use of their facility and staff. We will assume you have insurance and will pay 10% of your hospital costs. Vaginal Delivery: $_____ orTotal Costs (do not include special care): $_____ C-Section: $_____ Special Care (for a baby with complications): $_____ Pediatrician: This doctor cares for your baby. We will assume you have health insurance and you will pay 10% of the Dr fees at the hospital (Newborn and Discharge Exam) and a $20 co-pay for all doctor visits. Newborn Exam: $_____2 mth well check $_____ At least 3 sick visits $_____ Discharge Exam: $_____4 mth well check $_____ 2 days old well check $_____6 mth well check $_____ 2 wk well check $_____9 mth well check $_____ Total Cost/Year: $_____ 1 mth well check $_____ 12 mth well check $_____ Groceries: (calculate costs for one month): Formula ~ 8 8oz feedings/day x 30 days: $_____ orBreast milk: $_____ 2 boxes of baby cereal: $_____ 2 jars of baby food (fruit or veggies x 30 days): $_____ Total Cost/Year: $_____ Diapers: (calculate costs for one month): Disposable Diapers (size 3): or Cloth Diapers (wash yourself-no diaper service): Name Brand (Pampers, Huggies, etc): $_____ 4 dozen cloth diapers: $_____ Generic Brand (Walmart, CVS, etc): $_____ 6 diaper covers: $_____ diaper pins: $_____ Baby Wipes (use 12/day): $_____ diaper pail: $_____ Total Cost/Year: $_____ Baby Furniture: Crib: $_____Mattress: $_____ Changing Table: $_____Rocking Chair/Glider $_____ Dresser $_____ Total Costs: $_____

2. Baby Clothing: WalmartTargetBabiesRUsBaby Gap 6 onsies$______$_____$_____$_____ 6 pj’s$______$_____$_____$_____ 10 1 pc outfit $______$_____$_____$_____ 6 tops $______$_____$_____$_____ 4 pants $______$_____$_____$_____ 8 prs socks $______$_____$_____$_____ 1 hat/bonnet $______$_____$_____$_____ 1 snowsuit $______$_____$_____$_____ Total $______$_____$_____$_____ Your Store Choice_________ Total Cost: $_____ Baby Necessities (You choose your store) Infant Car Seat $_____ Stroller $_____Diaper Bag $_____Mattress pad $_____ Bottles (8) $_____ Nipples (8) $_____Baby bowls (3) $_____Baby Spoons (3) $_____ High Chair $_____ Baby Bibs $_____Burp Cloths $_____Baby Nail Clippers $_____ Crib Sheets (3) $_____ Nursing Bags $_____2 Fleece Blankets $_____8 Receiving Blankets $_____ Optional (You choose your store): Baby Bathtub $_____ Pack-n-Plan $_____ Mobile $_____Baby Monitor $____ Pacifiers (4) $_____ Exersaucer $_____Swing $_____Johnny Jumper $_____ Snugli $_____ Bassinette $_____Baby towels $_____Baby Washcloth $_____ Baby Toys $_____ Nursing Bra $_____Nursing Pads $_____ Breast Pump $_____ Baby Soap $_____ Baby Shampoo $_____Baby Powder $_____Diaper Rash Cream $____ Other (If you think of something I have forgotten): __________ $_______________ $_______________ $_________________ $_____ Circle Optional Items You have added in the cost Your Store Choice_________ Total Cost: $_____ Savings (If you put away this amount/month, how much will you have in 18 years, not counting interest $25 (12 x 18) = $_____ or $50 (12 x 18) = $_____ orYour choice: $_____ /month $100 (12 x 18) = $_____ or $150 (12 x 18) = $_____ or $200 (12 x 18) = $_____ or Total Cost/Year: $_____ (cost/mth x 12) Day Care Provider (The monthly cost must be based in the infant rate): Daycare Center $_____ or In-home Provider $_____ orYour choice: $_____ /month Relative/Friend $_____ or Stay-at-hoome parent $_____ Total Cost/Year: $_____ (cost/mth x 12)

3. Don’t Forget (You will need insurance): Medical (is usually taken from your paycheck) Life (usually taken from paycheck, but you may want additional life insurance if you have children) Auto (if you have a car, you are required to have auto insurance) We will not be doing calculations for this expense. What is the total amount of money you will be spending during your child’s first year of life: $_______ Which of the Life Scenario’s from below do you believe can handle the 1 st year expenses for baby (circle the number) : Life Scenario’s #1 You are a 16 year old single mom with a new baby who is nursing. Your make $0/month, but have insurance coverage for you and the baby from your parents health insurance. The father’s wages are garnished and you will receive $200/month in child support. Your parents will help you care for the child until you graduate from high school. #2 You are a 24 year old married mom with twin babies. Your husband makes $3,500/month and has health insurance. You are trying to finish school and your parents are willing to pay for all of your tuition and books for online college so you can take care of the twins while completing your degree. #3 You are a 19 year old divorced mother with a new baby who was born 2 months premature. You make $2,000/month at your job and have insurance which pays all but 10% of all medical bills and medication. You receive $300 a month child support and qualify for government grants to finish school. #4 You are a single 18 year old father with a new baby who requires a special formula (additional $50 a month). The mother is suffering from severe post-partum depression and cannot care for the baby at this time. You make $1,500/month and have medical insurance. One of your parents is a professor at the local college and you can go to school there for free. You and the baby live in your parents home at no charge; your aunt is keeping the baby for you for just $50/week. #5 You are 19 years old and married with a new baby. You and your husband live in his parents’ basement apartment for free. You combined household income is $2,000/month with insurance benefits that cover all but 20%. #6 You are a 23 year old divorced mother with a new baby. You receive $500 a month in child support. You make $1,000/month and have no medical insurance; however, your ex-husband’s insurance will cover the baby’s medical bills. You inherited your Grandma’s house and do not need to pay rent; you must pay real estate taxes of $200/month. #7 You are 24 years old and single with a new baby who is sick with allergies/asthma. These medical issues will cause you to spend an additional $150/month on medical and pharmaceutical bills. You are working full-time and trying to finish school. You make $2,000/month and have health insurance. #8 You are a married 38 year old a with a new baby who has downs syndrome. Your baby requires special care at a cost of $300/month. You have decided to stay home with your baby and your family income has dropped from $9,000/month to $6,000/month. Your family has full medical covering 90% of medical charges. #9 You are a 26 year old married mother who has a new baby who suffers from colic and cries at least 8 hours a day. You’re husband earns $2,000 by managing an apartments complex which includes a rent-free apartment. You earn an additional $2,500 and have medical insurance for the family. You need full-time child care. #10 You are a 28 year old married mom with a new baby who requires a special formula which costs $60/month. Your spouse suddenly died leaving you without any life insurance. You make $2,500 with 80% health insurance coverage. Conclusion See Mrs. Hanson and draw from the basket one Lucky Day situation and one Bad Day situation. How do these life events impact the first year with baby? Each team member please write your own 1 page paper summarizing what you have learned about the cost of baby’s first year by doing this project.