Baby Budgeting Tips

Thanks to Valerie of Smart Mom Finance for these Baby Budgeting Tips tips!

UPDATE: Even though Valerie is no longer blogging, we appreciate her sharing these valuable tips with us.

Baby Shower

Invite everyone who cares about you because they all want to shower you and the baby with gifts. And the more people you have…the more gifts your baby receives. Maybe even post on social media that if you forgot anyone (pregnancy brain), to please message you so you can send them an invite. This may also remind out of state loved ones to send you a gift from your registry!

Register for essentials too like baby soap, medicine/Tylenol, laundry detergent and gift cards. And save those gift cards because you may need them more in a few months than you do before the baby comes. Try not to register for the frivolous stuff on the so-called “necessities list” from the Baby Stores. Instead, bring an experienced mom with you, to help guide and explain. And don’t feel bad exchanging gifts from your shower, especially if you get too many outfits in the 3 month old size, and need more 12 month old ones.

Thrifting

Garage Sales or Second Hand stores are great to find cheap, gently used baby items, however I would avoid buying car seats from strangers (unless you are sure there have been no accidents).

Visit our Repurpose and Thrifted Living page

Diaper Raffle!!!! This is an absolute must and will save you tons!!! Along with the invitation, ask guests to please bring a pack of diapers to be entered into a diaper raffle. Everyone brings diapers for the baby for a chance at a prize. I had enough diapers to last me well over a year! (PS…you can exchange them for various sizes if you get too many size 1s, etc.)

Let your friends know that you LOVE hand me downs

Hand me downs are amazing when it comes to babies! They grow so fast, that you might as well get extra use out of baby items. This is especially wonderful if you have a close friend or family member who is willing to pass down big items like a stroller, high chair, playpen or car seat (FYI for car seats always make sure they have not been in an accident and check the expiration date).

Visit our Crafts page for a growing list of Repurpose/Upcycle Ideas

Accept Generosity

Accept food donations, gladly. If your neighbors or friends ask if you need anything or offer a meal, kindly accept! They want to help! Plus, it saves you the hassle and expense of preparing food!

Try everything you can to breastfeed

Breastfeeding will literally save you thousands of dollars, it is amazing for your baby and it helps you lose weight! It is a win-win! Nowadays there are so many free resources to help new moms with breastfeeding too, like lactation nurses and breastfeeding classes…even YouTube videos. (FYI formula can cost over $200 per month, so avoid this extra expense if you can!)

Check out doctor’s “Well baby” plans and delivery fees

Do your research and make sure that you have the best medical plan (if you have options). Make sure you know how much it will cost for labor and delivery because you don’t want to get stuck with huge medical bills! Also research the “Well Baby” plan visits for the baby’s first two years, as many medical plans include these visits for free.

So with a huge baby shower, generous friends and family, free breast milk and a year’s worth of “raffle” diapers…your new baby will be all set!

Visit our Family Finance page for a list of ideas to save money in your household.

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Recap

1. Baby Shower. Be smart about registering for things you will need. I especially like Valerie’s advice to save gift cards for the next few months after the baby arrives.

2. Thirfting. Consignment stores are a great place to find gently used clothing for your fast growing bundle of joy.

3. Hand me downs. Get into a clothing swap circle with friends!

4.Accept generocity. My aunt brought a casserole to our home 29 years ago when I came home from the hospital with my youngest daughter. We got the recipe and still make that dish and enjoy the memories.

5. Breastfeed if possible. Some Mom’s just can’t but give it every effort if possible. Formula and diapers are heavy hitters on the budget.

6. Know your Insurance. Make sure you have the most beneficial policy for your family. If monthly premiums seem high, do the math against co-pays and doctor bills, you may come out better with a higher premium in the long run.

Share your tips! Mom’s are the best place for good advice to other Mom’s. Please, do tell us what one of your best tips for living frugal with babies!

Shirley Wood

Hi, I'm Shirley; recipe creator, crafting enthusiast and penny pincher from way back. Join me on my journey of domestic living and isn't everything domestic!

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