Now is the ideal time to get clever with your cash.
How much does it cost to have a new baby? The price varies from couple to couple but every survey tells us that most of us spend more than we really need to. Of course, you want your little one to have the very best but the reality is that as long as they are warm, clean and fed babies are usually quite happy with their lot.
Far too many of us spend too much money at a time when cash will be tight anyway. Some people even get into debt using expensive credit cards or personal loans to buy what they want for their new baby when most of the stuff will be outgrown in a few weeks or months. So, when it comes to the essentials there are some simple ways to save some cash.
Baby clothes: Avoid over-buying
When Kylie Jenner gave birth to her daughter this year, a video the Keeping Up With The Kardashians star released on YouTube revealed an entire wardrobe of baby clothes and racks of shoes already purchased before the child had even arrived in the world. If you’re looking to keep costs down for your little one then steer clear of this approach. Babies grow so quickly that cute onesies and expensive little outfits will soon be redundant. Instead, buy just the basics and sell on what you don’t need when your baby has grown out of it. If you want to get a headstart researching the right pram for you, check out the reviews featured on wifeknows.com
Your clothes: Steer clear of the maternity wardrobe binge
It’s very easy to spend thousands on a maternity wardrobe, as there is such a range of choice these days. However, the reality is that you’re only going to wear these clothes for a matter of months so there’s no need to go crazy. Try to wear your own clothes for as long as you can, adding layers or opting for stretchy fabrics to provide coverage. It’s also worth asking friends and relatives if they have any maternity wear they no longer need so you don’t have to spend money on new items.
New Baby Kit: Buy the basics for the first few months
It’s tempting to kit your home out with all the latest gadgets and tech for a new arrival. However, the reality is that all you really need is a cot and a car seat for the first few months. You may not even need to buy a pram initially. So, rather than splurging up front and realising that half of what you’ve purchased you just don’t need, hold back. That way you’ll be able to make better informed buying decisions when it comes to something like a pram and have more time to find the cheapest options.
Food and supplies: Become a deals expert
From discounts on baby items through to the deals available at your local supermarket, this is a great time to get interested in what’s on special. There are always discounts available for new parents, whether you’re looking for toys or clothes or diapers. Spend a little time researching where to find the lowest prices on the things that you use the most of and you’ll be able to cut the costs during those first few months, not just of your newborn but of the cost of living too.
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