Budgeting With Babies: How to Save Money With Little Ones Around

Budgeting With Babies - How to Save Money With Little Ones Around

The moment you have a baby, the entire household’s budget suddenly revolves around that tiny bundle of joy. Although budgets might be tight with little ones around, it is possible to cut corners without sacrificing too much comfort. Take a look at some of the simplest and smartest ways to save money while raising your new additions.

Reuse, Don’t Consume

From disposable diapers to paper towels, the world is full of consumable items. You must pay dearly for these items on a regular basis, so try reusable products instead. Invest in soft, cloth diapers for your little ones. There is washing involved with the diapers, but you significantly reduce your monthly costs. You also contribute to landfill health by causing fewer paper items entering the system. Try to reuse many things in your home, including sandwich or freezer bags. These plastics could be used two or three times if you wash them with normal dish detergent. Reuse clothes too by swapping items with friends and family. Kids grow out of clothes so quickly that they may still look brand new.

Smart Food Choices

Food is a household necessity that’s always fluctuating in price. In general, you’ll always spend more on food if you dine out. Buy enough food at the market to feed everyone for at least a week. Ideally, purchase items in bulk, so that you receive the best discount off of the individual prices. Some items, however, aren’t smart bulk selections. If your family isn’t going to eat lettuce every day, for example, purchasing five or more heads will only be wasteful. Select bulk items that are either nonperishable or with the ability to be frozen. When you need to use up some extra supplies, you can always throw a family potluck. Everyone can bring their own dishes, and you can sample different types of food as a result.

Think Carefully About Credit Card Use

It’s very simple to be tempted by credit card offers. You’ll always have some emergency money for those unexpected family costs. However, it’s important to use your liquid accounts rather than credit. If you allow any balance to sit on the credit card, it will accrue interest that must be paid back. Ask for checks from your bank to pay off most debts. When you use personal checks, it allows you to have a record of any transaction. Track the money you spend on the household using those checks. Your bank will usually have a digital or paper copy of them each month. Build a budget around those expenditures, and your family will have more control over expenses in general.

Babies Benefit From Simple Experiences

Although you may want your little ones to experience everything early on in life, it’s important to remember that the simple things in the world are perfect stimulation for babies and toddlers. Take them to the park or even a walk around the neighborhood. There’s no need to spend a lot of money on entertainment at this point. When the kids are older, you can invest in sports clubs or dance lessons. Most experiences for youngsters are free, so you can save a lot of money while they’re just learning to crawl and walk. If you do take the little ones out for a more expensive outing, try to find coupons for the experience.

It’s important to take advantage of every free opportunity you have when your children are young. If a family member offers their babysitting services for the night, take them up on their offer. Parents need some alone time, too. Your little ones will be thrilled to have some independence from their parents, and they’ll appreciate you even more when you return home.

Emma is a freelance writer based out of Boston, MA. She writes most often on health and education. When not writing, she enjoys reading and watching film noir. She suggested finding a professional lifestyle family photographer for photos you can display in your home. Say hi on Twitter @EmmaSturgis2