8 Essential Money Saving Tips for Baby

babyborn8 Essential Money Saving Tips for Baby

Source: http://www.parents.com/parenting/money/family-finances/save-money-for-your-newborn/
Having a baby can be the most rewarding time of your life. Yet adjusting to the additional costs can be stressful. From clothes and food to childcare and education — we provide 8 ways to spend your money wisely during the first few months of your baby’s life.

Babysitting Co-op
One of the bigger costs that parents-to-be underestimate is child care. Although both parents may initially qualify for a leave of absence from their job, at least one will have to return eventually. Group child care is typically less expensive, says Judy Haselton, president of Harmony Financial Advisors. And if you prefer a stay-at-home caretaker, “There is a tax credit that parents should be aware of when you pay someone to care for your child,” Haselton says. The best option might be to collaborate with parents who live near you. “Find a babysitting co-op in your neighborhood or set one up with other parents,” Haselton says. “It’s a way to barter services instead of pay for them.” Try care.com and babysitterexchange.com to begin your search. (more…)

how to save money with a new baby

newbornbabieshow to save money with a new baby

source: http://www.naturallytrendy.com/pages/how-to-save-money-with-baby.htm

When I had my first child, my husband was a student. With his student loan and some help from family members, I was able to quit my job and stay at home with my baby. So, I had to be very careful with our budget. I know how easily you can overspend on things that you really do not absolutely need. Here are some few tips that can help you save money with a new baby in your life.

use cloth diapers
You can save thousands of dollars over the course of few years of diapering. When you can cloth diaper more than one child, the bigger the savings. Cloth diapering is easy, convenient, good for our environment, and good for your budget. (more…)

8 Essential Money Saving Tips for Baby

savemoneyonbabies8 Essential Money Saving Tips for Baby

Source: http://www.parents.com/parenting/money/family-finances/save-money-for-your-newborn/

Having a baby can be the most rewarding time of your life. Yet adjusting to the additional costs can be stressful. From clothes and food to childcare and education — we provide 8 ways to spend your money wisely during the first few months of your baby’s life. (more…)

Budgeting for Baby: 13 Money-Saving Strategies

pregnant-mom-looking-at-baby-clothesBudgeting for Baby: 13 Money-Saving Strategies

Source: http://www.webmd.com/parenting/baby/baby-gear-guide-9/baby-budget

You have almost 10 months to prepare for your little one’s arrival. Just think of all the fun things you need to buy — a stroller, cute little outfits, and toys of all shapes and sizes. In the excitement of your baby’s arrival, you may want to shower your baby with the newest and best of everything.

But before you spend a dime on baby expenses, stop and think about how you’ll budget. All those purchases will add up quickly. (more…)

Money Saving Tips for New Born Babies

shutterstock_73150945-201x30032 Ways to Save Money When You Have a Baby

Source: http://www.parents.com/parenting/money/family-finances/32-ways-to-save-money-when-you-have-a-baby/

How to Trim Down Your Family’s Expenses

Right after I gave birth to my first daughter, a funny thing happened: Virtually every dollar I owned seemed to sprout wings. Then one by one, they flew away—to the pediatrician, the drugstore, and any chain that sold cute kids’ clothes. Sure, I’d known that a baby would bring new financial pressures. But when I saw my first postpartum credit-card bill, I totally freaked out.

If you have a newborn, you’re probably panicked too. No wonder: Depending on your spending habits and child-care needs, you’ll likely shell out $7,000 to $14,600 annually between now and your little one’s second birthday. But there’s hope. Through trial and error, I learned a lot about raising a daughter on a budget. Now that my second girl is here, I’ve gotten even savvier. Here are ways you, too, can cut your baby expenses by half—or even more. (more…)