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A milk baby refers to a socially inept rich male who resorts to paying others to teach them either through online tutorial, book or video, how to attract women. The teacher is thusly "milking the baby".

An alternative for males to having a sugar momma, in this manner a male is more capable of usurping their superiority and dominance over the milk baby.
"Dude keep your milk baby in check, he's getting creepy."

The milk baby watched from afar, taking mental notes of the techniques to woo women from his teacher.
Milk Baby by Writer Wrongin July 18, 2012

Weetabix and milk baby 

A phrase used by Maxmoefoe in iDubbbzTV’s videos, especially referenced in ‘ Giant Panda Mating Season’ featuring maxmoefoe, Filthy Frank and Anything4views. It is used to exclamate vivid euphoria and excitement.
Example:

During the video: Giant Panda Mating Season, Max and Frank are dressed up as pandas having the time of their life and not giving a shit, they are both very ecstatic to be in such a position.

Max and Frank in unison: “WOO, WEETABIX AND MILK BABY!”
a beautiful woman who is independent and all about her money and wellbeing
wow, look at her! so luxurious.
she’s a milk baby
milk baby by fiona eggless April 18, 2020
"random:"hey milkaby
milkaby: "hey"
milkaby by milkaby December 26, 2020
A person who suckled the teet of their mother for far too long and continues to constantly drink milk with every meal when they have the opportunity.
Normal person: Why are you drinking milk while eating McDonald's?
Milk baby: Dude...my mom stopped breast feeding me when I was 15, so I gotta cope somehow.
milk baby by DannyDay95 November 10, 2014
A fat person that smells like rotten milk and whose hands are always wet.
That guy is freakin Milk Baby.
Milk Baby by Snake75 July 9, 2005