Having and raising a child may be
expensive, but it does not have to cost you a fortune and burn a hole in your
savings. Certain saving techniques will allow you some financial flexibility as
your child grows.
Hospital
Savings
One of the biggest expenses first-time
parents will incur is the hospital bill. To save money, turn down an offer for
extras when you are about to deliver. Choose a two-person room over a private
one to save thousands of dollars after delivering your baby.
If the hospital allows you to take some of
the toiletries home, do not pass up on this opportunity. You can get certain
baby items such as diapers, swaddling cloth, nasal aspirator, disposable
nipples for bottles and other items that you will need.
Cost-Conscious
Attire
Once you leave the hospital, you will have
to begin shopping for clothes for your little one. Avoid purchasing baby
clothes in advance, as newborns may have a sudden growth spurt. You might spend
on clothes your child will not be able to wear after a few months.
When shopping, shop for unisex styles and
shades; you get to save more money when you use hand-me-downs, if you decide to
have another child. Skip shopping for shoes that your child will outgrow in a
few months. Children learn how to walk faster when they run around indoors
barefoot. Purchase a pair of soft booties to keep your baby’s feet warm when
you bring them outdoors.
Choose pre-owned special occasion clothes
for your child, get a princess outfit or suit at a discount store instead of a
branded one. You save more over time; your child will not fuss about brands at
such a young age.
Save
on Baby Items
When you shop for accessories and furniture
for your baby, choose some that do double duty. Items such as a changing table
and dresser or a high chair with a cushion that you can transform into a
booster will save you money over time.
Purchase one or two bottles only before
your child is born. Some babies prefer the bottles they want. You might end up
with items your child does not want to use. Do not purchase crib pillows
because they have no other use than being cute. These pillows may also cause
SIDS or sudden infant death syndrome.
You may also want to consider buying
pre-loved items. Visit mommy bazaars or community bazaars where moms sell new
and used items from their grown-up kids.
Follow these baby-shopping tips to save more
and still get the items you need for your little one.
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