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How to Save Money with a Newborn

Babies are expensive. They go through a lot of diapers, baby wipes and clothes. These expenses can be a lot to handle for young parents or those that are already on a tight budget. You can be frugal and still enjoy life. Saving money is important, especially when you have a fast growing newborn that is going to require new clothes and bigger diaper sizes frequently.

Make your Own Baby Wipes

Using items that are already in your home, you can make baby wipes which will save an average of $30 per month. To make your own, simply use a good brand of paper towels and separate them into a stack. Make a mixture of one cup of water, a tablespoon of baby wash and 2 teaspoons of baby oil. Soak the paper towels just one at a time when you need them or have a few that are ready to use in a plastic baggie.

Use Cloth Diapers

Cloth diapers are reusable and washable. This saves over $100 per month on the cost of diapers. It does take a little practice to get the hang of putting them on but you will find that it is far more cost efficient to buy cloth diapers once and wash them.

Consider Eliminating Cable Television Service

With the availability of streaming services and some major networks offering prime time television on their websites for free, cable television is not necessarily a necessity in this day and age. The expense alone cuts an average of $60 per month from the budget. This frees up money for items that the baby needs such as formula, bottles and specialty products.

Start Couponing

If you don’t use coupons, you are missing out on a lot of savings. There are several ways to obtain coupons including online, manufacturer websites, on products in a store and in the Sunday newspaper. The savings can help make it possible to afford everything that your new baby needs. Many stores double coupons or make their value an even dollar when they are less than one dollar.

Saving money can be done when you have a newborn if you work at it. This may mean missing drinks with friends once in a while or not going to dinner on Friday night, but making sure that your newborn has what he or she needs is far more important. Date nights and entertainment will return once the baby his or her growth plateau, but be forewarned, it won’t last long. 

  • Don Hilario September 12, 2014, 9:55 am

    nice post – esp re the cable bill! ! !

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