Planning for the cost of children

"The U.S. Department of Agriculture's handy, terrifying Cost of Raising a Child Calculator told me that the average two-parent household in the U.S. earning less than $61,530 a year spends $11,850 to raise a child in his or her first year. Such a big number might make you think that having a baby is impossible financially." Read the details from Brianna McGurran, a writer for NerdWallet at http://bigstory.ap.org/article/88fff6cd6c6a4f2fba756889f284b64f/ask-brianna-how-can-i-afford-have-kids