Home Budget Tracker - helps you manage day to day spending. Use it to input receipts, track account balances, stick to your budget, and reconcile statements. Designed to be used by individuals and couples on the go at any stage of life.
Net Worth Dashboard - where you organize your overall investment portfolio across all your accounts. It computes your current asset allocation (% stocks, % bonds) and compares that to your goals. Assets with publicly traded ticker symbols (stocks, ETFs, and mutual funds) get automatic price updates. Also supports "off line" assets like private funds, individual bonds, and even collectibles.
Income Spending Simulator - projects the course of your financial life. It is useful when considering career changes, major lifestyle choices and retirement (how soon and how wealthy). For numbers oriented people it can be fun to play with as it is designed to be open-ended. The compare mode shows you what a specific change would have on cash flow, asset appreciation, and ending net worth.
This was the absolute minimum out of pocket I could envision to raise a kid. This requires that one parent take on the job of a full time caregiver. Having a stay at home parent is a HUGE cost savings, especially in the first year of the child’s life. Some of the numbers may be unrealistic, but I tried to cut everything to the bone.
Expenses:
Birth Medical Bills 5000
Furnishing Nursery / Baby Supplies 2000
Car Seat 250
Formula or Breast Pump + Parts + Effort (first year) 200
Diapers 1000
Furnishing Bedroom at age 4 1000
Food 150
Clothing 400
Health Insurance / Co-pays 200
Income:
Child Tax Credit 2000
Standard deduction effective "bonus", depends on tax bracket 1000