BUDGET HACKS FOR NEW MUMS TO SAVE MONEY

  • 09 Sep - 15 Sep, 2023
  • Mag The Weekly
  • PARENTING

Being a new mom can be financially challenging, but there are several budget hacks that can help you save money without compromising on the care and well-being of your child. Here are five budget hacks for new moms:

Breastfeeding and Homemade Baby Food
If possible, breastfeeding can significantly reduce the cost of formula feeding. Additionally, making your own baby food from fresh fruits and vegetables can be much more cost-effective than buying pre-packaged baby food. It's healthier too!

Order essentials in bulk
Diapers, infant formula, creams, wipes, and bottles will emerge as paramount necessities for your newborn. Rather than acquiring them on a piecemeal basis, a more advantageous approach involves accumulating these essentials by procuring them in larger quantities from supermarkets or online retailers. Bulk purchases typically entail lower costs. However, it's vital to verify the expiry dates of perishable items and baby toiletries like creams or shampoos prior to stowing them for future use.

Buy Secondhand Baby Gear
Babies outgrow their clothes and gear quickly. Consider buying gently used baby items like clothing, strollers, cribs, and high chairs from thrift stores, consignment shops, or online marketplaces. Just make sure items meet safety standards.

Couponing and Cashback Apps
Utilize coupons, promo codes, and cashback apps when shopping for baby essentials. There are apps that offer discounts and cashback on diapers, wipes, and other baby products. These small savings can add up over time.

Don’t overbuy clothes, shoes, and toys
Feeling tempted to purchase that adorable dress available in six different colors or those unique baby shoes with a funky design? Seek advice from seasoned mothers, and they'll likely advise against it. Why? Because babies tend to outgrow clothing and footwear much faster than you anticipate. Splurging on an extensive wardrobe or an array of baby shoes might not align well with a tight budget. Furthermore, consider that when friends and family visit the new baby, they often bring along gifts like clothing, shoes, and toys. It's worth noting that experienced moms frequently notice how toys accumulate rapidly and contribute to clutter. Opt for a minimalist approach when it comes to toys and steer clear of unnecessary purchases, as advised by these mothers.

Cloth Diapers
Cloth diapers can save a significant amount of money in the long run compared to disposable diapers. They require an upfront investment but can be reused for multiple children and have a lower environmental impact.

Parenting Groups and Online Communities
Join parenting groups, both online and in your local community. These groups often share tips on budget-friendly baby products, freebies, and local events. You might even find other parents willing to swap or lend items. Remember, it's important to prioritize your baby's safety and well-being. While saving money is important, make sure to invest in quality products for your child's health and comfort.

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