Finding cost savings with a baby on the way seems to get easier the more children you have.
For me, baby three will be here in weeks and still I know that a lot of money is about to be spent on nappies, nursery furniture, toys and, of course, medical expenses.
Without question, setting a budget is a great idea, but so too is knowing what you can honestly do without. And yes, I like to think I’ve learnt something that can help any parent around money.
Tip 1: Pretty costs money. Just like Weddings, pretty costs and sometimes you need to ask yourself: am I just paying for pretty or is there another option?
Tip 2. Babies don’t know brands. Remember quality clothing can be found at low to mid and high-end baby stores.
Tip 3. Borrow, gifts and recycle. Remember some things don’t have to be bought by you.
Tip 4. Baby grows. This is good to always keep in your mind, be that when buying clothes or toys on sale or as a preventative measure for splashing on shoes that really will only be worn a few times in a few weeks.
Tip 5. Think economies of scale. If you are planning on having more than one bub, certain purchases should be seen as an investment to ensure you get the longevity and peace of mind you need.
With those tips said and done, let’s take a frank look at all that stuff and what you actually really need.
Baby cot or bassinet?
It was after baby two that I realised you don’t really need a bassinet when you have a cot.
Not only did the lack of transitioning baby between the bassinet to a cot, mean that baby two was a better sleeper than baby one, but it also saved me about $100 – at least.
Cots can be expensive equipment and mine was about $600, but thankfully they can be found at a discount online, in op shops, and passed down the family chain.
The only updates cots usually require include a spring clean of the mattress or a new one all together. Let’s allow about $80 for this if you need it.
Sheet and blanket fittings, especially when baby is an infant, are about the same cost regardless of whether you are buying a bassinet or a cot. But at least with a cot, you get longer usage.
Odour-free nappy bins and nappy bags
I really looked at these with baby one because I thought, how organised and convenient this all is!