Babies are expensive… and oh how they go through clothes, food, diapers and wipes. This means you not only have to budget, it is more important at this stage to invest in the best quality you can afford. I found out early when my son was a baby that the cheaper the clothes, diapers… etc., I had to keep spending more.
So even though things were financially difficult, I started to go through the weekly paper and look at what was on sale and started to buy in bulk.
Action you can take:
It doesn’t matter if you are single, divorce or widowed you will find the weekly papers your financial friends. You should separate this into 2 actions:
Action 1:
This is more general. Invest in buying in bulk when you just had a baby. Build a small stock pile of baby items that can last you minimum 2/3 months. Ultimately, you will have enough products that you end up being able to save money until the next deals come around.
Reason:
You can get more with $€50 – $€100 if you just take time looking through the papers for deals. Also, buying in bulk gives you control of your budget.
Action2:
Invest, by taking advantage of the seasonal sales. Buy baby clothes in seasonal cycles. So if your baby is born in spring you normally by sizes 58 – 68, but that means when summer is approaching these seasonal clothes go on sales. So, plan accordingly and buy winter/spring clothes for the following year in the size your child is expected to be when they are 1 year old. Not only do you save money, but also have enough to buy summer clothes which are much cheaper. Also, I hardly bought summer clothes the first years, I just kept things rompers.
Reason:
Hopefully this is straightforward. Buy clothes on sales for the following year(s) and stash them away. Where I live, some sales are so steep you can buy 3 pay for 1. Also, babies don’t care what they wear, we as parents are the ones to make a fuss!
TIP #2: Invest, by waiting for baby items to go on sale!
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