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Congratulations are definitely in order here.

I’m sure you are super excited about meeting your new baby and so you should be!

There is going to be so much that you need to plan for and think about.

The one thing that you should definitely start thinking about right now before anything else is how you will have your baby on a budget.

It’s easy to fly off the deep end and buy everything that you see when you walk past the shops but that will do only one thing for you, send you straight back or even deeper into debt.

Now that you are expecting you need to be even more careful with your budget.

The last thing that you want is to find that as your child grows you struggle to provide them with the things that they really need because of bad financial decisions you made before they were born.

It’s definitely possible to have a baby whilst remaining in budget so don’t let anyone tell you anything different.

Let’s take a look at some of the ways you can cut costs whilst you raise your baby.


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9 Tips to raise your baby on a budget


1. You need sinking funds

Don’t underestimate the power of a sinking fund.

If you don’t know what a sinking fund is then you should definitely have a read of this.

If you still have a full 9 months before the arrival of your baby then you are in a really strong position to start your sinking fund.

Take the time to sit down and think about how much money you will realistically need and plan towards that goal.


2. Don’t believe everything you hear

If this is your first child it’s easy to listen to all the advice that floats around and go with it.

Believe me, don’t believe everything that you hear because it’s not always accurate.

You don’t need 100 items before you can have a happy baby on your hands.

Babies only care about feeding, having their nappies changed and sleeping. Everything else is pretty much meh to them.

You don’t need to run out and buy a baby bassinet, crib, and a cot all at the same time. You just don’t need it.

When you have a newborn you can easily keep the items to a minimum as long as you have the willpower.


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3. Consider breastfeeding

If you are able to breastfeed then this is a really great way to keep your costs down.

It will cost you nothing but time.

I have been fortunate enough to breastfeed all 4 of my children and I know that I have saved thousands just by doing this.

Breastfeeding can take a little while to get used to but once you get the hang of it there will be no stopping you.

Its a great healthy start for your baby too.



As a little treat to help you on your journey you get a FREE nursing pillow when you use the discount code MMCW20


4. Leave emotion to one side

The trap that most new parents fall into is buying things for the baby because it would look cute.

An example of this is buying stuffed animals for your newborn.

Although this looks really cute laid out next to your baby.

Just take a moment to think about it they really care about it at this stage of life.

A newborns eyesight is best from 8 -10 inches when they are young.

They probably can’t even see it.

On top of that, your baby will be much more interested in your face and voice than they will be about a stuffed animal.

You have to set your emotion to one side and think with a level head.

The cost of that stuffed toy could remain in your bank account and go towards your debt.

I think your child will appreciate that fact that you have managed to clear your debts much more than the stuffed toy that you purchased for them and now find yourself so far in debt that you can’t afford their school trip.


5. Don’t knock secondhand items

I’ll hold my hand up here and say that I am not a huge fan of secondhand items, I guess I’m just spoilt like that. But I’m not spoilt enough to not be able to see great deals when I need too.

There are certain items that I would most definitely buy second hand.

Items such as a crib, baby monitor or a breast pump I would have no problems in purchasing secondhand. These often tend to be the more pricy things that you would buy for your baby.


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6. Borrow when you can

Try asking your friends if they have items that you could borrow.

If they already have children usually people don’t mind lending items to you.

Sometimes once you are done with newborn items they actually feel like they are in your way especially if you lack storage space.

Your request might actually be a relief to someone.

Never feel to shy to ask if you can borrow baby items.


7. Don’t fall into the clothes trap

Even before I became more money focused I could never really understand why people wanted to buy so many outfits for a newborn baby.

For one they tend to grow out of them very quickly so you will only get minimal use out of them before they no longer fit.

Secondly, they are extremely costly to purchase.

Your money will be much better spent on buying a pack of white sleepsuits like these ones.

The other bonus of sleepsuits is that you can wash them all in one go as they are white so you will be able to cut back on washing and in turn your electricity bill.

You’ll soon see that your life will be made so much easier if your baby is in a sleepsuit as opposed to an outfit.

Just wait until they have a diaper explosion!



8. Consider making your own baby food

It’s so easy to make your own baby food so don’t think that it will be so difficult that you have no option other than to buy it off the shelf.

Buying baby food off the shelf is really expensive and the cost soon starts to mount up very quickly.

Grab some vegetables next time you go shopping and attempt to make your own baby food.

Just make sure that everything is well pureed and soft enough for your baby to eat.

Remember you won’t need to season this food so keep it simple and start with one or 2 ingredients at a time, to begin with.


9. Stay on the lookout for coupons

Coupons should be your best friend at this time.

There are tons of coupons that fly around for new moms. You can often find these on diaper deals and wipes.

When you see these grab them!


Final thoughts on having a baby on a budget

There are lots of options when it comes to saving money and having your baby on a budget.

You can even think about using cloth diapers over disposable ones if you wish.

The above tips will help you be on your way to having your baby and being financially sound at the same time.


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