You’ve just nailed it in the delivery room, now it’s time to bring the baby home. All the prep work is done, and the baby is actually in the world now. You’re officially a Mom. Congratulations. Unfortunately, your work is far from over. Now it’s time to take care of the child. A lot of money goes into taking care of a child. You can’t stop saving money now. You want your child to have the best life possible. You can do that while still saving money.
There are a lot of things that you can do, we’ll just go over a few in this article. So, strap in and get ready for some serious parent money saving.
Cheap Home Utilities
Going cheaper doesn’t mean downgrading on quality. You should do some research when looking at utility companies. Some will try to charge you more because you’re bringing a baby home. There are trusted third-party sites that will help you compare energy companies.
When it comes to plumbing and air conditioning, the prices you can get depend on the local technicians. If you can get good quality equipment (i.e. piping and an A/C unit), the price of water and air will go down significantly.
If you are able to, breastfeeding is the best way to save money as a new mother. You don’t have to spend money on formula nor a lot of bottles. With breastfeeding, you can also stock up on breast milk. You’ll need to get a pump, but it can easily be borrowed from a friend. The only thing that you need to worry about having unused is the plastic attachments. You can buy those for less than £45.
Think Big with Certain Things
This means nappies, swaddling blankets, and other toiletries. Have a large stock of nappies, cloths, muslins, and more. This means going to wholesale stores. It might seem like a lot to lug over 100 nappies back home in your car, but it will save you a lot of money in the long run.
With swaddling clothes and blankets, you should look in your community before purchasing them. You’ll want to have enough to last whatever accident your child has. Minimum, you should have 20 swaddling clothes that you can interchange. If your friends do not have any, the wholesale store will have enough for you.
Having your first child seems like a lot. You want to plan for everything. But, sometimes you will go too far. If you buy things too far in advance, your child will grow out of them. They’re still developing after all. Buying things for winter during the month of June seems like a great idea until your baby doesn’t fit into their winter coat in October.
That goes for other things as well. Don’t try to over-plan your child’s schedule once they grow up. It might seem like a good idea to pre-buy dance lessons, but what if your child doesn’t like them? Wait until your children express interest before buying things for them.
The first baby might feel like a lot. The tendency is for parents to overspend on things that end up being useless within the first week. In order to give your child a great life throughout their growth, it’s best to save money whenever possible.
As well as following the tips in this article, there are a lot of other resources with great advice for saving money. Having a child doesn’t have to break the bank at all.