13

Ways You Can Save Money On Baby Expenses.

Having several friends and family members who had babies in the past few years, I have picked up a few pointers that will assist us when we start trying for a family later this year. Although one would think otherwise, the financial costs of taking care of a newborn are not that significant, at least not in my friends’ opinions. Here are some things that I have learned:

Ask family and friends for second hand baby clothes. Seriously, does your newborn need the newest designer duds when all they do is throw up all over them? If you want or need to make your baby a fashion statement, wait at least until they can walk around and strut their stuff. Every single person I know who has had a baby has made due with either the clothes that were given as gifts or hand-me-downs from other people.

Breastfeed your baby. It is cheap (as in free) and way healthier than any formula could ever be. (Unless the Mom is a meth addict or alcoholic, then not so much) Those things were put there for a reason, so you should probably use them. Not having to buy formula will save you hundreds of dollars a year.

Switch to cloth diapers instead of disposable ones. I am a true believer in the cloth diaper for everyday use, and disposable or biodegradable for outside and/or travel. We plan on getting a cheap separate washing machine to clean the cloth diapers so as not to “clog up” our good washer, which will save us a ton on diaper services. Plus, this way the environment won’t suffer any more than it already is. Check out GDiapers.com for info on biodegradable diapers.

To help with diaper rash, you might be able to use olive oil instead. I have heard of this working, but you might want to talk to your pediatrician about it first. A big jug of olive oil is a lot cheaper than continuously buying diaper rash creme.

Buy sturdy wooden toys rather than breakable (and possibly toxic) toys. Wood toys last a lot longer than the cheap plastic ones, and you can pass them along to future children once your child is done with them.

As mentioned in a previous post about single income families, see if you can have one parent stay home. That way you don’t have to pay for day care and you get some quality time with your baby instead of putting them in someone else’s care.

Although it takes a lot of work, you can make your own baby food when the times comes for them to eat it. I know someone that spent the time to make little jars of mushed food for their child, figuring that at least they know what was in the food and where it came from. Plus, it saved her a lot of money

Having a baby is a life-changing experience…just ask anyone who has had one or 2. While we don’t have our own yet, we will be trying later this year and I am gathering all sorts of tips from my friends who already have them. I am hoping it saves me some money and makes my life a little easier when the time comes for us, and so I figured I would pass along this info for other people to use. If you have kids already, you probably don’t need any help with this!

Be Sociable, Share!


Like this article? Please consider subscribing to my full feed RSS. Or, if you would prefer, you can subscribe by Email and have new posts sent directly to your inbox by entering your email address in the box below. Your email will only be used to deliver a daily email and you can unsubscribe at any time.

Comments (13)

Trackback URL | Comments RSS Feed

  1. Ellen says:

    Regarding the home-made baby food: it needn’t be time-consuming or wretched, at all. I know a mom who, in addition to getting fresh fruits and veggies that are steamed & pureed, chops up the same food that the family is eating and lets the baby eat that. The only exception are the potential allergens–nuts, wheat, strawberries–that you may want to introduce more slowly. So it’s not necessary to put them in little jars and learn how to can, to feed your older baby more economical and healthful foods.

  2. hustler says:

    you can also make money with bank bonuses by opening bank accounts using their Social security number.

  3. Kelly says:

    This is a great post, however as an experienced (!) mother of soon to be three kids I wanted to clarify a couple of things. I’m not sure it’s necessary to have a separate washer for your cloth diapers- I wash mine in a separate load from the clothes, but a good soak and rinse cycle will prevent your washer from getting clogged up, as will shaking any solids off into the toilet. I recommend TotsBots Fluffles diapers- not sure if they’re available in the US, but they are amazing! They dry very quickly, so you can have a quick turnaround, and not have to buy so many of them. I also have to second the previous poster who said that making baby food doesn’t have to be complicated- an hour or two a month and you are set!
    Thanks for your website- I’m enjoying it very much.
    Kelly

  4. David says:

    Thanks everyone for your comments. And I suppose you are right in that we could get away with one washer, but the wife was concerned with ruining it. When the times comes I guess we will try it out with one! And if making baby food only takes a few hours a month, it would be well worth doing it.

  5. My wife does the same thing for baby food. It is an effective way to save money and it is not taking that long. We are having our 2nd baby at the end of July. This time, we asked around for baby clothe. My wife and I were surprised to find that many people around us stuck with boxes and boxes of clothes! Final result : we are all set until Amy reaches 2 years old!
    Cheers,
    FB.

  6. david says:

    I guess making baby food isn’t all that hard! Thanks everyone for your tips….

  7. Save hundreds of dollars on formula? I think you are lowballing it! A can of formula costs something like $11 or $12, if you get the regular stuff (the specialty ones if they can’t drink cows milk etc are more expensive) and you can go through a couple of cans a week for at least a year. . . I’m thinking that breastfeeding can save you something closer to $1500 or $2000.

    I also second the homemade baby food. Easy peasy, and way healthier than the stuff in cans. I just steamed stuff, froze it in icecube trays (1 cube is about 1 oz) and popped it in labled bags in the freezer. If I really was stuck, I bought salt free canned veggies and pureed them (still way cheaper than the canned baby stuff for a lot more)

    On the diaper rash, I just used vaseline. Every time I changed their diaper and wiped them off, I wiped on a thin layer of vaseline. It formed a barrier between their skin and anything else, so there wasn’t much chance for diaper rash, even if they had an “accident” while they were asleep and i didn’t realize it. And vaseline is cheap

    Good luck!

  8. david says:

    Thanks for the tips Jenn!

  9. [...] tips on being frugal and saving some money, this would be a great place to start. My post about Saving Money On Baby Expenses was included, along with some posts I found very [...]

  10. [...] Ways You Can Save Money On Baby Expenses @ My Two Dollars: Kids can be a real budget-buster, so any ways to save are always helpful. [...]

  11. [...] are tons of great articles from the pf community.  I love the article from My Two Dollars about saving money on baby costs.  My husband and I are also planning to start trying for a baby later this year, and we’re [...]

  12. [...] Ways You Can Save Money On Baby Expenses @ My Two Dollars: Kids can be a real budget-buster, so any ways to save are always helpful. [...]

  13. [...] as much upkeep as us adults.  Sure, they must be diapered and fed, and there are a few other baby expenses unique to having children, but babies do not eat nearly as much as grown adults.  Infants have not [...]

css.php