10 Ways to Save When You Are Expecting
So you’re having a baby and money is tight. What can you do to keep the expenses down, or at least under control? This article can help prevent your financial picture from being a total disaster before the baby even comes. Read on.
Moneysaving Tips When a Baby Is On the Way
Yes, it is possible to save money here and there in preparation for the arrival of the family’s new bundle of joy. Here are things you can do to avoid going overboard with the spending prior to the baby’s coming.
- Exchange or return gifts received during the shower – Although embarrassing for most expectant moms to do, this is still sound advice. It offers a way out in case you get something you don’t need. There’s no sense holding on to items you’ll never actually use when you can trade them for stuff you want.
- Haggle or negotiate the delivery costs – Even better, consider having the baby someplace where the medical costs are more reasonable.
- Buy items on an as-needed basis – Most people purchase things for the infant that will never be utilized. Sure, they do it in the name of being ready for the big day, but there is such a thing as going too far.
- Precook the household meals – Once you bring home the baby from the hospital, you might find yourself wanting to dine out with greater frequency.
- Try on the clothes in your closet first before heading out to get new maternity apparel – Find out how long you can continue wearing items in your current wardrobe. The maternity clothes may only be necessary for last two to three months of the pregnancy.
- Keep purchases to a minimum – Hold out buying anything new until after the baby shower is done.
- Get friends in on it – The needs of the baby are not forever. You might know people with kids who recently outgrew their clothes and other items. They would be more than willing to hand over the stuff for your own use.
- Write this down and post it somewhere it’s clearly visible: “The amount I shell out for this baby is not a reflection on how much I care for her or him.”
- Go to your local store for wipes and diaper needs – Get a pack of each so they’re within easy reach whenever you need them after the baby is brought home.
- For working moms who are still reporting for work, now is the time to begin cutting costs and saving every single dime. This is especially important if the woman has no plans of resuming work after the baby is born.
Having a baby is an exciting experience. However, for mothers-to-be who have limited funds, cutting corners is a must. The above suggestions are worth considering if you’re not exactly overflowing with money and need the extra cash. Spending wisely is key to having money left over for other baby-related expenses.