Tue, 05 Feb 2013 13:45:00 GMT | By Jody Robbins, MSN Money
10 worst financial mistakes new parents make

From not investing in RESPs to buying too much baby gear, these money mistakes can quickly empty your wallet.



Enjoy the ride but don’t get carried away. (© iStock)
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Parents always make mistakes (just think of all the blunders your parents committed). With the new responsibility of child care comes new expenses, making it easy for newly minted parents to get stung. Steering clear of these costly mistakes won’t deprive your kids, and they’re sure to appreciate a larger inheritance.

* Video: Gender reveal parties help celebrate new babies

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The one luxury that I would pay extra for when looking for a home:

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  1.  
    21 %
    An indoor swimming pool or hot tub
    11 votes
  2.  
    25 %
    Heated bathroom floors (no more cold feet!)
    13 votes
  3.  
    26 %
    A heated driveway … No more shovelling!
    14 votes
  4.  
    13 %
    A home cinema room
    7 votes
  5.  
    15 %
    Other
    8 votes

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