People save up for having a kid the way they save up for anything else expensive. Also most hospitals are 'kind' enough to allow you to set up a payment plan so you can pay it off over a few years.
Re:The Bermuda Triangle of Wealth
by chrisco255 on Tuesday October 09, 2018 @06:46AM
(#18174801)
No, normal case is your or your husband's insurance pays for it
Deductibles can vary wildly depending on someone's insurance plan. However, there are a myriad of financing options, charities, etc if for some reason you can't afford that.
Re:The Bermuda Triangle of Wealth
by lotsofpulp on Tuesday October 09, 2018 @07:21AM
(#18174962)
https://www.parents.com/pregnancy/considering-baby/financing...
https://www.bloomberg.com/news/features/2018-06-26/sky-high-...
I would estimate the vast majority of people in the US need to budget at least $5k for a baby, if everything goes right. It would be better to have $10k cash though depending on prenatal visits, c section possibility, and multitude of other costs that can arise.
Do most people just decide to do it at home and take the risk?