Budgeting For Baby: Making Sure You Can Afford It

Disclosure: This is not a sponsored post. There are no affiliate links included in this post. All thoughts are my own and no other’s. This post is now in the guidelines of the FTC

Planning for a baby, or already have one on the way and wondering how you’ll afford it? Here are some things you can consider for reducing costs, budgeting and making things more affordable.

Don’t buy into marketing

Companies that sell baby products will have you believing that everything is a must- have. And if you’re a first time parent especially it can be easy to buy into all of this, as you’ve never done it before and aren’t exactly sure what your baby will need and use during the first months of their life. But do your research, speak to people you know who have had children and ask them to personally recommend products they used a lot. Don’t just go out and spend a fortune on every product targeted to new parents, those that do this always tend to regret it afterwards and claim they didn’t use half of the stuff. In reality, babies (especially newborn babies) don’t need that many things and they definitely don’t need much of the hi tech stuff that’s around today. For example, an all singing, all dancing baby swing with multiple settings, music, white noise and more might sound great, but chances are your baby will like a standard baby bouncer or swing which costs a fraction of the price.  Write a list of well researched products and buy from this, rather than going wild in any store selling baby items. You should also be aware of your personal situation and the space you have, for example if you live in a small condominium or apartment then you might not physically have room for all of these fancy baby gadgets. 

Find second hand bargains

Babies don’t use their things for long in the beginning, they quickly grow out of clothes, moses baskets, bouncers and more. For this reason, it’s not worth breaking the bank for these items, many you can find in fantastic condition for a fraction of the price. Check out ebay, Facebook Marketplace and Craigslist. You could also ask friends and family if they have baby items from their own children stored away in their attic which you could borrow or have. The baby will be none the wiser and as long as they’re clean, fed and loved will be happy! There are a couple of exceptions and things you should always buy new, and that includes mattresses such as cot, crib and moses basket mattresses (so if you’re buying second hand pieces, just replace the mattress). This is because if they’re improperly stored they can harbour mould spores which have been shown to contribute to cot death. The other item which should always be bought is a new car seat, this is because a second hand seat could have been in a crash or damaged even if it doesn’t look like it. This will affect how well it works. 

Write a wish list/ registry

When you have a baby not only is it an exciting time for you, but for everyone else around you. Many people will find that loved ones want to buy them gifts for the baby, so don’t be too proud to say no! The best thing you can do is create a wishlist/ registry on a site like Amazon and direct them to that when they ask what you need. This prevents you from ending up with lots of the same kinds of items and things that won’t be used. People can choose to buy a gift which is shipped directly to you, and pick what they want to buy from your list based on their own budget. Wishlists on sites like Amazon will prevent the same item from being purchased multiple times, unless you’ve requested multiples of certain items (such as packs of nappies and baby grows for example). It’s a great way for friends and family to treat you and the baby, and for you to get access to lots of things you need without having to spend money. 

Buy a few things each week

Instead of waiting until you’re ready to pop until you start buying baby items, use your pregnancy to spread the cost. Even one or two small things a week will add up over the months and by the time you reach the end of your pregnancy you’ll find you have most of what you need. Write a list of everything you plan on buying and tick this off as you go, that way you don’t risk forgetting and buying twice. Spreading the cost is a much more affordable way to do things, even if you don’t plan on buying all that much. If you’re a little superstitious and don’t like buying baby items too early, open a savings account and transfer what you would have spent each week. That way, when you do come to go shopping you have a good chunk of cash that you can use. 

Earn while you can

When you’re on maternity leave, chances are you’ll have much less money than you’re used to compared with when you’re working. And when you’re on maternity leave, you can’t earn any extra money either aside from in certain cases. For this reason, it makes sense to earn as much as you can, while you still can. You of course don’t want to exhaust yourself when you’re pregnant, but if you’re able to do some freelancing work on the side or pick up extra shifts, this extra cash can come in useful before you start your maternity leave. 

Disclosure: This is not a sponsored post. There are no affiliate links included in this post. All thoughts are my own and no other’s. This post is now in the guidelines of the FTC

Please follow and like us:
Social media & sharing icons powered by UltimatelySocial