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Parenting costs big bucks

WASHINGTON – Parenthood might make , but it won’t do much for your bank account, according to recent data from the .

A bundle of joy born in 2010 will cost a middle-income family about $287,000, including inflation, to feed and clothe, including other expenses — but not including the cost of college.

The price tag is up 25 percent from recent years, mostly due to the rising cost of groceries and medical care.

A financial adviser tells that prudent parents-to-be should practice living on less before the big day arrives.

²ÝÝ®´«Ã½’s Bob Kur contributed to this report. Follow on Twitter.

(Copyright 2012 ²ÝÝ®´«Ã½. All Rights Reserved.)

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