The news of pregnancy is one of the most exciting things an adult can hear – but also the most nerve-wracking. Will I be a good parent? Will I have enough time? Do I have enough savings to support a child? As soon as the good feelings fade, expectant parents are often filled with anxiety. While that’s a normal feeling, there are a lot of proactive ways you can plan for a child and set your worried mind to rest. Here are some tips to help you save a bundle, so your finances will be one less thing to fret about.
- Have a Baby Shower
A baby shower is your opportunity to stock up on all the expensive baby supplies you need without having to spend a dime. Create a registry with your favorite online retailers, and send out links to the registry in your baby shower invitations.
- Nurse Your Baby if Possible
While not always possible, nursing is a much cheaper option than baby formula. In fact, it’s estimated that parents can save about $1,400 per year through nursing alone. Simply by tapping into your natural resources, you can slash your spending considerably.
- Don’t Buy Baby Clothes All at Once
Shopping for baby clothes is one of the most exciting parts of anticipating for the child’s arrival. Between the tiny little shoes and the adorable hats, it can be tempting to buy the whole store. However, babies can often have huge growth spurts just shortly after being born, meaning the closet full of clothing will just go to waste. Start out slow, with just a handful of outfits, and buy more with each new growth spurt.
- Never Say No to Free Daycare
Your friends and family know just how tired you’ll be, and many will be eager to help. It may be tempting to reject their offers and become the super-parent you’ve dreamed about, but eventually you’re going to need a rest. Rather than relying on paid help, graciously accept what’s being offered. It will save you money, while giving others in your family the chance to connect with your baby.
- Buy in Bulk
Bulk shopping is one of the best ways to save money as a new parent. The average parent spends about $864 on diapers, $342 on solid food, and $708 on clothing in the first year alone. This number can be reduced significantly simply by purchasing everything you need in bulk. The larger quantities you purchase upfront, the more you’ll be able to save on supplies. Not only that, but you’ll reduce your need for shopping, which offers a considerable advantage to sleep-deprived parents.
Parenthood is both rewarding and stressful, but there are easy ways to mitigate the financial stresses of parenthood, so you can focus more of your energy on your newborn. At DollarDays, we offer an extensive line of bulk baby products, including diapers, food, and clothing. Browse our website today, and start saving money on your baby-to-be.