BudgetingFinancial Success

3 Easy Tips To Avoid Going Broke With A New Baby

Having a new baby is a happy time in most of our lives. There is this new human in our lives that is so adorable and cute, we just can’t handle it. The downside is, we then want to best for them. The best clothes, toys, beds, etc. Money seems like it isn’t and would be an option to avoid when dealing with a baby. However, this is a common trap that most of us fall under (me included). Being a new father for just a short time now, I have learned some very valuable tricks to avoid over spending on my new daughter.

1) Buying the top of the line does not mean top quality

In researching different things for my daughter such as swings, beds, toys, etc. It has become apparent that best things are not always the most expensive. In fact, in many cases, marketing is the only thing that makes us think that the more expensive item is what is best for our little ones. One example is the Owlet baby monitor sock. It has a price tag of $250-$350, and is supposed to help keep your baby safe while they sleep. Although this is true, most reviews and parents I’ve spoken to agree it is not worth the money. In some cases, it doesn’t monitor their baby like it claims or the baby won’t sleep with it on.

2) Buying new is not always better than buying used

One of the biggest hurdles that most of us deal with is the idea that we don’t want our baby exposed to anything that might already have been used and “tainted” by others. However, logically speaking, if we all believe that, then we should all be in the same mindset of having our stuff clean for babies in general, right? One item that we have been trying to look at is a new swing for the princess. However, the one we are looking at getting is about $230. This seems like wasteful spending when think about her not using if for more than 6 months. So, I have found one of FB marketplace for half the price, but exact same model. It is claimed to have only been used 1-2 times, which is likely what our little one will do as well.

3) Buying new clothes is a rip off

When buying clothes for a little one, it is not sustainable to buy new. A single outfit from a retailer such as Target can go for $15, whereas buying from other parents, $15 could get you 2-3 outfits! The only thing you would again need to worry about is ensuring that it is properly clean before using it for your child. Obviously this will not work when they are older and want to have certain styles of their own. Until that point though, you will be able to save a lot of money!

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