My wife and I were having a discussion this morning about how much babies cost. My wife felt that the baby would need nothing but breast milk for the first 6 months and inexpensive clothes and an argos cot set, which I see being the ideal. I was much more cynical and felt that they are expensive to raise til they are about 17 and leave home.We are currently doing ok financially with about £200 a month spare cash. My wife feels we could afford to have a child, I disagree.What are your experiences financially with raising a child and how expensive/inexpensive was it?Thanks for all your answers so far they have been really helpful. I know I am not ready just yet, but I know I will be mentally ready very soon. I query the cost as I think deep down I want to do as good a job as my parents did with me. I dont want the child to have everything available i.e. designer cloths and all the gadgety learning tools. I just want it to have enough.

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