Staying on budget with a new baby
When you are expecting a new baby, it can be exciting! You are wondering if you will have a boy or a girl, or maybe even multiples! Excitement takes over at the thought! A big thought that comes into the mind however is a baby shopping spree! This is especially true if this is your first child. You may be thinking about all the new clothes, furniture and other things you will have to get for your new arrival. At some point however, reality strikes, that reality is your budget. However, there is no need to fear as you can stay within your budget and still make sure you have everything you need for your baby. In this article, we will discuss how you can do that.
The first thing that should be done, of course is find out what your budget is. This will help you to look at how much you have to spend on new baby items. This will help you to figure out where you can possibly cut down on expenses and talk about ways to make more money. If you have a few items that are taking up space or you don't need anymore, you can possibly sell them online or at a garage sale. The extra money that is gained from selling these items can go towards getting new baby items. You can also discuss a month to month plan to get baby stuff, so that it does not seem so overwhelming.
Now that you have had that discussion, one way to stay on a budget with a new child is to have a baby shower! Baby showers are one way that expectant parents get to have a good time with friends and family, and get what they need! This helps to take the pressure off of potential budget tight spots. For baby showers, parents usually put the essentials that they need on their registry list, along with a few wants.
Check in with grandparents. Grandparents of the new baby will usually be more than glad to help out with getting new things for the baby. They are sometimes more excited than the parents that a new baby is coming along. This can mean both parents and baby get spoiled in the shopping department.
Next, shop around. While stores that are specially geared towards all baby needs may be the ideal place, they generally may be a little more expensive. Shop around to price compare, or check online to see for special coupons and ads. Some retailers might even price match lower deals that you find. There are also retailers that sell gently used baby items that are worth checking out too.
Hand me downs from a previous baby (your own or a family member's) may also be a great idea. Babies grow out of clothes and shoes super fast, so this may help to cut down in that area. Parents may also get a good bassinet, crib or car seat this way too. Just make sure that items such as these are safe, sturdy and have not been recalled.
These are just some of the great ways you can stay on budget with a new baby.
- Dan Canfield