The most famous baby in the world right now is Prince George of Britain. But despite his fame and royal lineage, this young man will probably go through many of the same growing pains as other children over the years: teething, awkward growth spurts, acne, anxiety over who to ask to the prom (well, perhaps the royal ball in the prince's case) and so on. However, one thing the new prince and his parents won't have to worry about is money. The royal family is estimated to be worth over a billion dollars, and this particular young man already has a pretty good job lined up -- the British monarch gets a salary that would satisfy most Fortune 500 CEOs. In contrast, for typical families the joy of a new child is accompanied by a series of new financial responsibilities. These responsibilities can be extremely burdensome if you don't save up in advance -- if possible, starting from the time you first decide to have children. Here are some of the most prominent financial burdens parents may encounter.