<prompt> Human: Any parents out there who have been super good at budgetting for and keeping track of expenses for a baby? My husband and I are hoping to start our family within a year or two, but we arent sure how much of an emergency fund we need, how much to save for medical bills, baby items, etc, and how much to budget for expenses in our new monthly budget. Any help we can get will help us prepare!  <response>: There are 3 big expenses:1. Medical. Get on the best insurance you can and save up for co-pays and out of pocket.2. Loss of earnings. Check your employers maternity leave policies. Plan for how long you might be losing one income.3. Child care: Figure out how you are going to manage this if both parents go back to work. The costs of child care can range from nothing with tremendously supportive relatives to a lot.Those are the big 3 to plan for. All other costs are trivial by comparison.Good luck. 