A parent holds a baby.

Five Financial Tips for New Parents

December 22, 2023  |  Jamie Bosse, CFP, John G. McGrath  |  1 min read

Having your first child is a wonderful time for parents. But some financial concerns need to be taken into account.

According to the U.S. Department of Agriculture, it costs about $300,000 to raise a newborn baby until age 18. While daunting, the good news is you can spread those costs out over many years.

Don’t worry, we’re here to help. Watch the attached video for five tips for new parents.

It’s all worth it.

Jamie Bosse (CFP) is a certified financial planner with Aspyre Wealth Partners and a board member of the Greater Kansas City chapter of the Financial Planning Association. John McGrath of Kansas City PBS produced the video.

Reading these stories is free, but telling them is not. Start your monthly gift now to support Flatland’s community-focused reporting.

Nick’s Picks | Courts, Roads, Music and More …

August 17, 2026

New Royals Ballpark Heading to Council Vote It could be a pivotal week for the Royals’ proposed new home. The $3 billion Crown Center ballpark plan could get a final council vote Thursday, after the Finance, Governance and Public Safety Committee takes up the funding and rezoning package Tuesday. Critics, including Councilmember Jonathan Duncan, say…

Related Stories

A sales tax reshaped KC’s East Side. Now voters to decide if it continues.

The Central City Economic Development sales tax is up for renewal on Aug. 4. The tax has generated nearly $100 million since voters approved it in 2017.

Read More >

Nick’s Picks | Heat, Elections, Rodeo and More …

The heat is the big news story in Kansas City this week along with a lot of economic development news and the upcoming election on both sides of the state line

Read More >
Construction begins near Sumner Academy of Arts and Science. In late 2024, voters approved a bond that will fund an addition to the school. (Vaughn Wheat/The Beacon)

KCK steps up work on school buildings promised with $180 million bond package

The Kansas City, Kansas, school district provides an update on several school construction projects.

Read More >