Ways to prepare financially for parenthood
MY spouse and I are at the stage of life where we're considering becoming parents, and I'm curious what we can be doing now to prepare financially before fully embracing the Messy Middle. We're currently in step 7, saving 25% for retirement (with employer match in that count), and we're building up cash to someday replace my wife's car whenever it goes out. What are some things we should be doing now to be financially as ready as possible for parenthood?