Financial planners do know quite a bit about money, generally speaking. But even they get surprised sometimes by unexpected costs.
And according to Business Insider, financial planners say first-time parenthood is a minefield for such unexpected financial demands.
To begin with, just giving birth is an expensive practice. For a woman with insurance, the average birth costs $10,808 without any complications.
Once baby arrives, your food bill will go up. A lot. Formula is expensive, especially if baby has special dietary needs.

Kiddie meals at restaurants aren't that cheap, either. And teen boys are walking refrigerator-inhalers!

And public school isn't really free. School supplies, books, uniforms, sports equipment--the list is endless.
Keeping kids engaged and learning after school isn't free, either. Lessons, scouting, clubs, summer camps, family vacations all cost a very pretty penny!
Finally, medical care and daycare costs for children can drive parents to distraction. You've been warned!