Preparing For Baby: Five Tips To Help You Save

preparing for baby

The time you spend getting ready to have a baby will likely be one of the most exciting, fun, scary and stressful phases of your life. Whether you are already expecting or just preparing to get pregnant in the future, making the right changes now can help you be more emotionally and financially prepared when your little bundle of joy finally arrives.

1. Begin Saving Money Now

Even if you aren't pregnant yet, you can still begin saving money now. It's a good idea to open up a special savings account just for your baby's expenses and add money to it whenever you can. Having a nice chunk of change will prepare you for any unexpected expenses that might come up, and if nothing else, you will have a head start on the college fund.

2. Pace Yourself With Purchases

It's natural to get excited and run out and begin buying all of the best baby stuff the moment you find out that you're expecting, but it isn't the best option financially. It's best to wait until right before the baby is born to do any major shopping, as you will likely receive many useful gifts from friends and family members during your baby shower. Not being in a rush to get what you need also allows you to search for good deals on items that may be expensive.

3. Borrow Maternity Clothes or Buy Them Used

Unless you're planning to have ten children, you likely will only spend a collective year or two in your maternity clothing. Therefore, it doesn't make sense to spend a large amount of your hard-earned cash on new items. Ask the other mothers you know if they have any of their old maternity gear laying around, or check out a thrift store. You might even be able to find some good brand-name items at a fraction of the price.

4. Look For Second-Hand Baby Items

As with maternity clothes, you can find a lot of good deals on baby items at thrift stores. For safety reasons, there are certain things that are better to buy new, but many items, such as toys and clothes, can be found used for excellent prices. There is no reason to invest in expensive clothes when your baby is going to grow out of them in a few months. Buy used and you will save a significant amount of cash.

5. Stay Healthy and Consider Breast Feeding

One of the easiest ways to save money is to plan on breast feeding your child. It's healthier for the baby and you won't have to shell out the cash for formula. If you're going to invest your money in anything, it should be plenty of healthy groceries. Eating a diet filled with organic fruits and vegetables and exercising regularly throughout your pregnancy will prepare your body to make nutrient-rich milk for your child.

No matter how prepared or unprepared you are, the day your child arrives will be the happiest day of your life. The best thing you can do is get as ready as you can, and face each new day with an open heart and mind. Being a parent will present you with challenges that you could never possibly prepare for, but it will be one of the most amazing journeys that you ever experience.


    • Thomas | Your Daily Finance

      Thomas | Your Daily Finance 08/16/2013 5:34 a.m. #

      All good tips Sicorra especially start planning and saving now. We are so glad we did as a lot of things came up that we weren't even aware of. Not only did we get a hospital bill for the wifey but also for our daughter. Breasting feed saved us a lot of money in the beginning but it just became to exhausting for the wifey and her breast started hurting. Breast feed if you can it really helps the baby and the pockets.

      • Sicorra

        Sicorra 08/16/2013 12:14 p.m. #

        Good to hear that you were planning and saving ahead of time. But sorry to hear you ended up having to deal with hospital bills. That can really add up quickly.

        As much as we want to be prepared for things something unexpected will always show up.

    • John S @ Frugal Rules

      John S @ Frugal Rules 08/16/2013 7:12 a.m. #

      These are all great tips! We did many of them when my wife was pregnant in order to save money. That said, #1 is huge depending on how long Mom will be home - not to mention the added expenses a little one brings.

      • Sicorra

        Sicorra 08/16/2013 12:16 p.m. #

        That is great that you guys were on track with saving. And yes, parents can start saving even before they are pregnant if they are planning to one day have a family. That is certainly being very proactive.

    • Corina Ramos

      Corina Ramos 08/16/2013 8:04 a.m. #

      I remember doing these things when I was having kids and now it's my daughter's turn :).

      As Isaiah grew out of stuff Bianca was giving them away and while I'm okay with that the reason she was doing it because she wants new things for the next baby.

      Now that she realizes how expensive things are, she started to save them LOL :). I told her that's why I reused everything and she thought we were always broke LOL.

      These a great tips for moms Sicorra! Thanks for putting them together! Happy Friday, talk soon my friend :)

      • Sicorra

        Sicorra 08/16/2013 12:23 p.m. #

        I wonder if when people hear the words hand me downs or reused clothes they think only low income people do that, and perhaps that is why they do not like the idea. But that is not true!

        Babies use things for such a short period of time that saving clothing items and blankets usually works out well. Same with their maternity clothes.

        And saving these things shouldn't be based on your finances. It is just a good thing to do. It allows you to spend your money on other things too.

    • Jake @ Common Cents Wealth

      Jake @ Common Cents Wealth 08/16/2013 8:49 a.m. #

      These all seem like great tips. I don't have a kid yet, so I'll take your word for it that these steps will help the process go smoother. I think the tip about saving, even before a baby is a really great one. It's so much easier to come up with the money for a baby before the baby actually arrives.

      • Sicorra

        Sicorra 08/16/2013 12:24 p.m. #

        If people know for sure that they want to have a family, then yes, saving in advance will definitely make life easier when the time comes.

    • Anthony @ Thrifty Dad

      Anthony @ Thrifty Dad 08/16/2013 9:35 a.m. #

      Good tips! We saved quite a lot on our little one, just by using clothes that were passed down to us by family. Young children can be expensive, but as I've found out, they really don't have to be.

      • Sicorra

        Sicorra 08/16/2013 12:26 p.m. #

        True! And why not use clothes from other kids. As long as they are washed and look good. The thing is they will only wear them for a short while anyways, so why not take the money you would spend on clothes and use it for something else.

    • Shannon @ The Heavy Purse

      Shannon @ The Heavy Purse 08/16/2013 9:44 a.m. #

      We were blessed to having so many nice things given to us that I definitely recommend you wait to buy things until after your baby shower. Some of the more expensive items you may still need, but you may also receive gift certificates and/or cash and have to little out of pocket. It's hard to wait, though, especially for your first people. Clothes was where I struggled the most. I need to find nice suits and pickings were fairly slim. Fortunately, I found a few and had my girls only a couple years a part so I got good use out of them.

      • Sicorra

        Sicorra 08/16/2013 12:31 p.m. #

        It is always lovely when family and friends get together to shower the new baby with much needed items. How sweet of your family to do that. We did that for all of my nephews as well. And good for you for finding business suits that you were able to wear throughout your two pregnancies. Esp if they were hard to find in the first place.

    • DC @ Young Adult Money

      DC @ Young Adult Money 08/16/2013 9:46 a.m. #

      It's intense how many baby products there are out there today, and how short a period of time they are actually used. I definitely agree with you on looking for secondhand goods.

      • Sicorra

        Sicorra 08/16/2013 12:32 p.m. #

        Second hand clothes and toys for babies are a great idea as long as they are clean and in good condition.

    • Deacon Hayes

      Deacon Hayes 08/16/2013 12:13 p.m. #

      I am all about buying used as much as possible. We don't have any babies yet, but when we do, they will have hand-me-downs and used toys, that is for sure!

      • Sicorra

        Sicorra 08/16/2013 12:35 p.m. #

        That is a great plan! When my nephews were young I made the mistake of buying them lots of new stuff and didn't realize how quickly they would out-grow both the baby outfits and the toys. I just thought the stuff was so cute and I couldn't resist.

    • krantcents

      krantcents 08/16/2013 6:38 p.m. #

      Great tips! Baby clothes are ideal place to save money because a baby grows so quickly.

      • Sicorra

        Sicorra 08/18/2013 6:16 p.m. #

        Exactly, as long as they are well taken care of, what difference does it make.

    • Laurie @thefrugalfarmer

      Laurie @thefrugalfarmer 08/16/2013 7:15 p.m. #

      Oh, how we would do things differently if we'd been more financially wise when having our babies! All of the above tips are smart moves, but for us, our one do-over when we would've had our kids would have been to save, save, save money before baby came. Wise tips, Aileen!

      • Sicorra

        Sicorra 08/18/2013 6:18 p.m. #

        Saving up money beforehand is good, especially if you know for sure that you want to have a family.

    • Christy Garrett @ Uplifting Famiilies

      Christy Garrett @ Uplifting Famiilies 08/16/2013 10:26 p.m. #

      These are excellent tips. Yard sales are a great way to find used baby gear at a reasonable price.

      Don't be afraid to register for big ticket items on your baby registry, some people have larger budgets and others pool money together to buy something that you need/want.

      Never buy a used breast pump (unless its a Hygeia brand) and a car seat. These items should be purchased new. In fact, most health plans are now offering breast pumps so check with your insurance company before purchasing one.

      • Sicorra

        Sicorra 08/18/2013 6:20 p.m. #

        Thanks for that reminder Christy that there are certain items that should be purchased brand new for health and safety reasons. And I agree, if you register for items that cost more several people can to in together to buy the gift for you.

    • No Waste

      No Waste 08/20/2013 10:09 a.m. #

      Great more that we did...

      (1) Stock up the freezer with already prepared meals, this will keep you from impulsive and expensive food decisions.

      Also, nursing, nursing, nursing! Everyone wins with this one!

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