Choosing the perfect name for your bundle of joy can be an exciting, yet high-stakes, process.
Let's not forget, the name you settle on will help define your child's identity from the moment they leave their hospital crib.
But could the moniker you decide on actually have an impact on your bub's learning potential and job opportunities in the future?
This was the very question considered by an Aussie betting site, Compare.bet.
In a bid to determine which popular Aussie baby names are the most valuable, they asked 7,230 people with a selection of 15 common names to disclose their profession and salary.
Drum roll please for the results.
The highest and lowest earning names
Ella was found to be the most valuable girl's name, earning an average salary of $112,174, with most women interviewed being Creative Directors.
For the boys, Elijah was the highest roller, earning $107,386 on average, and most likely to be working in the financial services industry as an advisor.
The second highest earning names are Cayden for the boys on a potential salary of $99,712 working in the Accounting field and Sophie on $99,611 for the chicks, and most commonly in a Marketing role.
Third on the list most likely to earn the big bucks for the girls was Scarlett, who predominantly works in Audio Production and earns a potential salary of $94,224 a year.
While sliding into third place for the boys was Levi on a potential salary of $81,268 and largely working as a Researcher.
When it comes to the other end of the scale, the lowest earning names are Mia and Mateo, who were valued at $45,196 and $40,741 respectively.
The lowest earning professions are receptionists and writers.
Jack was also found to be on the low end of the earning scale, tending to work in video production and earning just $46,243 on average. For the girls, Evelyn the journalist was also the second least valuable name, with an average salary of $49,500.
Take a look at the full results below...
Photo: The girl's names and professions earning the most. Compare.bet
The survey was conducted using a list of 15 of the most popular names for boys and girls according to Charlies names only.
They then asked 7,230 (3,615 women and men), between the ages of 20-50 with those names for their salary figures and professions.