Becoming a parent changes everything—your routines, your priorities, and definitely your finances. In this episode of our Know Better, Do Better: Parenting & Finances series, Certified Financial Planners Lauryn Williams and Chloe Moore break down what really happens after the baby arrives. From unexpected expenses and child-care costs to school decisions, career interruptions, and financial planning updates, this conversation is all about helping you adjust, adapt, and stay afloat in the new normal of parenting.

Lauryn shares her real-life experiences as a brand-new mom—from the truth about registry gaps and hand-me-downs to how meal trains kept her alive in the early weeks. Chloe offers advisor-approved guidance on budgeting for child care, managing health-care surprises, reevaluating housing and car needs, and preparing for long-term expenses like education. Whether you're a first-time parent or adding another little one to the family, this episode gives you the clarity you wish someone had handed you at the hospital.

If you didn't plan much before baby arrived (or if things didn't go according to plan), don't worry. Lauryn and Chloe walk you through exactly what to revisit, how to get back on track, and what financial changes matter most—because it's never too late to take control of your family's financial foundation.

Key Takeaways

• The unexpected expenses most parents face after baby arrives—from duplicate items to emergency last-minute purchases.

• Why hand-me-downs, returns, and resale apps can save hundreds in the first year.

• The hidden costs of feeding yourself and your baby (especially if breastfeeding or cooking doesn't go as planned).

• Travel considerations with a child under two—and why free infant fares don't mean free trips.

• What to expect when budgeting for child care, nannies, daycare, and early education.

• Why you shouldn't rush to upgrade your house or car right away.

• How your career—and your future earning potential—may shift after becoming a parent.

• The critical financial planning updates every new parent should revisit: life insurance, estate planning, taxes, benefits, and 529s.

Links & Resources Mentioned

• Investopedia Report: The $5 Million American Dream https://www.investopedia.com/2025-american-dream-costs-more-than-usd5-million-11796727

• Episode 118: What You Need to Know About Life Insurance https://www.worth-winning.com/podcast/ep118

• Episode 116: Estate Planning with Shalini Codispoti https://www.worth-winning.com/podcast/ep116