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10 Money-Saving Tips for New Parents

Congratulations! You and your partner have a bundle of joy on the way. My husband and I were thrilled when we found out we were pregnant with our first son, but then the truth came out. An extra person at home means more expenses in every way, and a complete change in our regular routine. There are often sacrifices made when we become parents, but that doesn’t mean our bank accounts are completely empty as a result. There are many ways to save money when welcoming a new member into the family.

1. Don’t buy Christmas clothes

I will elaborate on this. Of course as a pregnant woman, you will need to expand your wardrobe to accommodate the life that is growing in your womb. I bought a few new things during my pregnancy, but I didn’t buy clothes that were marketed as maternity clothes. They cost a lot of money, and since pregnancy has stages, you can only wear a maternity bra for 1 or 2 months. What I did was buy clothes from my favorite stores (or custom shops), but in larger sizes. Aim for the sale racks to save extra money. This way, you can still get things at competitive prices, while blending in with the general population. Once the baby is out and the weight is off, you can save them for the next baby, give them away, or make adjustments and continue wearing them postpartum.

2. Throw in the Baby Shower

There’s no doubt that baby showers are the best way to stock up on free baby products. If you decide to create a registry, be sure to choose what you need, as opposed to what you want. Don’t be afraid of the big choice. A friend of mine surprised us with a new mattress, which ended up saving us almost $200. I also recommend asking for gift cards from major retailers so you have the flexibility to buy a variety of baby items. Gift cards are also convenient because they can be saved to use at a later time.

3. Throw away the diaper party

Not all men like to attend baby showers. Therefore, some people may prefer to throw diaper parties. It’s a way to get together, share food and/or drink, and just hang out. Creativity in gift giving is taken away by the simple fact that men are only asked to bring gift wraps. All we did was ask the boys to bring diapers of all sizes, and believe it or not, we had to buy diapers for the first five months of our son’s life! Also, the leftovers were perfect for when the next baby arrived. If you don’t plan to have more children, you can re-gift them to another expectant family, donate them or sell them locally.

4. Get coupons from the hospital

Many hospitals offer a number of free samples and product coupons to help new moms recover. I received nursing pads, baby related brochures, samples of nipple cream, pads and Aspirin. All of these free samples add up, so accept what you can get from the hospital.

5. If You Do Breastfeed / Breastfeed

Breast milk is not only the healthiest choice for an older baby, but it is the most expensive choice. A mother can save her family at least $1,300 by choosing to breastfeed. Unfortunately, that’s not always an option. Issues such as returning to work, constipation issues, health issues and more can prevent a mother from being able to breastfeed. In this case, choosing to invest in a breast pump will still save you a lot of money. You can borrow, rent, or buy them second hand.

6. Return / Sell Unwanted Gifts

If you manage to get items that you don’t plan to use, return or sell them as soon as possible. Waiting too long can make them harder to sell. You can also re-gift those items to someone else who may be having a baby soon.

7. Second-Guess Your Purchases

Before you buy things for baby, ask yourself if you really NEED to buy them. We thought about buying a changing table, and then realized that using our bed, or a blanket on the carpeted floor would work just as well. We carry a basket of towels and hand towels so that when we need to make a quick change at home, we can do it anywhere in the house.

8. Order Free Samples Online

There are many reputable companies that give free samples to mothers. You will be able to get formula samples, vouchers, special offers and more.

9. Baby Baby Items DIY

Save money by making some of your child’s items yourself. Shop online for custom baby clothes, bibs, tote bags, bibs and more. It’s a great way to make money, and spend time productively.

10. Homemade Baby Food

I can’t stress enough how much money you will save by making your own baby food. Store-bought canned foods have a limited number of nutrients, and they are expensive, with limitations on quantity and quality. Feeding your baby at home means you control what goes into your baby’s system, as well as taste, quantity and more. Also, raising a healthy child means you can save on health expenses in the future.

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