- Prepare in advance for the financial changes a baby will bring. Start saving as soon as you know you are pregnant, so you get used to living on a reduced income
- You don’t have to give up manicures, just have your mum or a friend do it instead of the beautician. Need a spa day? Get creative. Invest in some bubble bath, a new candle, lock the door and put on your favourite music
- Do accept hand-me-downs and once your little one has outgrown their clothes and toys, pass them on too. Share and you will be shared with!
- Babies are enchanted by songs, faces, rustling leaves and lights. They don’t need lots of fancy plastic, noisy toys to keep them happy, as everything is new to them. They also learn by repetition, so don’t worry about sharing the same toy or books with them over again
- Walk wherever you can, leaving your car at home. Fresh air and exercise are good for your health and pocket and a really good way to stimulate your baby or get them to sleep!
- Consider skill sharing. If you have a skill such as hairdressing then why not exchange it with a friend who can sew you a set of black out curtains. Build a community around you that is increasingly self-sufficient
- Activity classes for babies are a lovely way for them (and you) to make friends, but the sandpit at the park or your local swimming pool are good options too and will either be free or cost considerably less. Just smile and say hello to other mums – you’ll be surprised
- Comparison sites on the internet enable you to get the cheapest providers for many services. Make sure to check these out
- Recycle whenever you can. Newspapers can become seedling pots, old baby sponges are great for painting and a worn out t-shirts can become cleaning cloths
- Build up lots of friendships with other new parents. It is nice to have people to exchange money saving tips with, to borrow from and to share with. You will also get a cup of tea, a change of scenery and a variety of free places for your baby to play.
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By Becky Goddard-Hill,
Author and blogger, Baby Budgeting, www.babybudgeting.co.uk
Philips AVENT is a leader in parenting and baby products.
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The range includes breastfeeding, bottle feeding, toddler feeding, baby monitors and newborn gifts.
Philips Avent products are all designed to fit your busy life and make it easier for you to make the best feeding choices.
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Thanks for these great tips! I’m always worried that we’ll never be financially ready to have a baby and even when the day comes, I fear we won’t be as ready as we think. But these are really helpful ideas to remember for when the day comes. I can even start doing some of these now!
Number 3 is definitely one I would advise to everyone. My daughter is almost 4 years old and the only clothes I buy her are not the ones she needs, but just a few items I particularly like. Bc I have a circle of friends and cousines that give me clothes from their daughters and then we just swap it around all the time. So I really have no need to buy clothes at all. And that is a huge thing bc they outgrow that so fast.
Oh wow, these are excellent tips! I love the idea of skill-sharing and having a Spa day at home. And recycling everything you can is a fabulous idea and trending too. Sharing this post.
These are such meaningful and sensible ways to save money for new parents.I have taken hands-me-downs for my kid and shared his clothes, toys, books etc with other new moms too. Having a community of supportive and helpful people is a big boon.
These are all great tips. I can relate to some of these from time when my son was a baby. Going for a walk really helps and is a great change of scenery for a baby. I used to take ny son in baby buggy/stroller and go for a long walk.
I realized within a few months that babies don’t need expensive toys at all. My baby ignored all his toys and was more happy playing with spoons and pans instead. But yes, they do love music. Great tips for saving money.
ITs wonderfull article Beautiful you explaining types of saving money tips for parrents . Thanks for sharing these nicest tips.
Thank you! Yes I have no problem with hand me downs, if you can save a buck then why not and as mentioned you can bless someone else in need again.
I have been worried about our financials while I am only getting UIF, so have been saving / putting cash aside every month. Lets hope its enough