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Experienced moms have a message for pregnant women: Wake up and start saving for college today, according to a NerdWallet survey of more than 1,200 mothers nationwide.

NerdWallet polled more than 600 pregnant women and 600 mothers with teenage children to gauge the money fears of expectant mothers against the experience of seasoned moms.

Although听pregnant women are more concerned about costs of health care and making a financial checklist before the baby arrives, nearly 44% of mothers with teenagers now wish they鈥檇 been advised to start saving for college immediately after their children were born.

鈥淲ith the cost of college education growing much faster than inflation, families with older children are finding themselves financially unprepared,鈥� says Farnoosh Torabi, a correspondent for NerdWallet.

Arguments with spouse over childcare

Both groups of mothers agreed on one financial issue: The choice to go back to work for additional family income was the top source of marital tension surrounding the birth of children. About 31% of expectant mothers and 30% of experienced mothers said听the decision to stay at home or return to work was听the No. 1 reason they fought听with their spouse.

The survey results paint a picture of the financial conundrum modern American mothers face surrounding childcare. The difficult choice to stay at home to closely raise children competes with the desire to continue a career and ease the economic fallout of having a child. The latter choice, however, comes back to haunt some families economically as their children approach college age.

鈥淪tay-at-home care is a deeply personal issue, but it is increasingly becoming an economic one with the rising costs of daycare,鈥� Torabi says. 鈥淏ut as their kids age, families face the added dilemma of the ballooning cost of college.鈥�

Over the last decade, the average published tuition and fees at public, four-year schools have risen a whopping 42%, adjusted for inflation,听听(PDF), a private association that includes more than 6,000 colleges, universities and schools.

A woman鈥檚 choice to leave a career has strong financial implications for families as annual earnings decline by 30% after two to three years outside the workforce, according to听.

Nearly 30% of American moms are now setting aside careers to stay at home to care for their children, compared with听23% of mothers in 1999, reports the听听in findings published last year. The rise is attributed to the skyrocketing price of daycare. The cost to send an infant to daycare is now higher than in-state college tuition and fees in 31 states, according to a report from Child Care Aware America.

鈥淐ouples face a Catch-22 choice to pay for daycare now or pay for college later,鈥� Torabi says. 鈥淭he financial pressures at each end of a parent鈥檚 journey to raise their children are growing.鈥�

Courtesy of NerdWallet

Discussion

What I wish I鈥檇 known

Pregnant women crave guidance on whether to stay at home with their children; it鈥檚 the No. 1 piece of advice they want to hear. Experienced mothers, by far, wish they had started saving for college immediately. But the No. 2 bit of advice they wish they鈥檇 heard? Stay at home as long as you can with your child.

鈥淭his shows the deep ambivalence about the practical realities of increasing income to support the family and the emotional pull to have those precious years together with their children at home,鈥� Torabi says.

Mothers with teens:

Question: As the mother of a teenager, what advice do you most wish you鈥檇 received as a new parent?

1. Start saving for college immediately 鈥� 43.6%
2. Stay at home as long as you can with your child 鈥� 27.2%
3. Get used baby items rather than buying new 鈥� 13.7%
4. Get life insurance and wills in order 鈥� 9.3%
5. Go back to work as soon as you can 鈥� 6.2%

Expectant mothers:

Question: What advice would you most like to hear as an expectant mom?

1. Whether to stay at home with your child 鈥� 30%
2. How to start saving for college immediately 鈥� 21.7%
3. Whether to go back to work as soon as you can 鈥� 18.9%
4. Whether to buy used items rather than new 鈥� 18.4%
5. Whether to get life insurance and wills in order 鈥� 11.1%

20/20 hindsight

Courtesy of NerdWallet

Should I stay or should I go?

Expecting and experienced mothers agreed that they argued with their spouses most about whether to go back to work, ahead of concerns such as the cost of childcare and saving for college.

For experienced mothers, arguments with their spouse arose over the costs of entertaining their children with toys and extracurricular activities; 23.5% reported arguments over these expenses, the second-highest source of tension after the decision to go back to work.

鈥淕etting on the same page financially is key to a happy relationship,鈥� Torabi says, 鈥渂ut having kids creates whole new classes of tension over money.鈥�

Mothers with teens:

Question: If married, what financial matter did you argue about most with your spouse when you had your baby?

1. Going back to work for additional income 鈥� 29.5%
2. Cost of toys/extracurricular activities/entertainment 鈥� 23.5%
3. Leaving work to spend more time with child 鈥� 17.1%
4. Saving for children鈥檚 education 鈥� 15.5%
5. Cost of childcare 鈥� 14.4%听

Expectant mothers:

Question: If married, what financial matters do you and your spouse currently argue about the most related to the baby?

1. Going back to work for additional income 鈥� 31.3%
2. Saving for children鈥檚 education 鈥� 20.5%
3. Leaving work to spend more time with child 鈥� 17.7%
4. Cost of toys/extracurricular activities/entertainment 鈥� 16.2%
5. Cost of childcare 鈥� 14.2%

Methodology

SurveyMonkey collected data for 604 pregnant women and 613 mothers with teenage children from March 16 to 23. Respondents came from across the United States. Women were at least 18 years old; 60.7% of mothers with teenage children were between the ages of 30 and 44; 55.3% of pregnant women were ages 18 to 29. About 49% of mothers with teens and 44% of expectant mothers had a household income of听$25,000 to $75,000.

Having a baby? Get started听with听.