There is nothing more exciting than finding out that you are going to be a new parent, in the moment that you receive this wonderful news, you are filled with joy, hope, promise and love. However, after all of these wonderful feelings wear off, you come to the realization that this little bundle of joy is going to cost you money.
It will be challenging to overcome your positive emotions and not overspend on baby supplies; however, it's important to remember that you will need to maintain your financial health throughout your child's life, so it is best to save where you can and not overspend on supplies for your new baby. Here are some tips to save you money:
1) Borrow From Friends
Most people get lots of wonderful baby clothes and gifts during baby showers; however, other than eat, sleep and poop, babies grow pretty fast and before you know it, those beautiful clothes and gifts have already been outgrown. As soon as you find out you are pregnant, reach out to your friends via email or Facebook and find out who may be getting rid of baby stuff. A simple question like this could lead to a windfall of clothes and supplies in your favor. Even if your friend lives out of town and you have to pay for shipping, it will save you more than buying new items yourself.
2) Look on eBay or Craigslist
A quick search for "baby" on Craigslist yielded 41 categories and over 4,000 options including baby swings that normally retail for $69.99 offered for $25. These sites are great for scoring big deals on some of the larger items you may need for your baby like strollers, play sets and bouncy seats. When you are looking on eBay, you will have to factor in shipping costs unless the seller will pay them; however, on Craigslist, you could find someone right in your neighborhood with great deals on items that you need.
3) Search Baby Consignment Stores
Just as there are thrift stores for adult items, there has been a growth in consignment baby stores that are focused on securing high quality lightly used baby supplies. Searching "baby consignment" will bring up a number of options of locations in your area. These will not only benefit you as a buyer; however, when your baby has outgrown these items, you can think about reselling your baby supplies right back to the store to help the next new parents on a mission for a deal.
4) Create a Baby Registry
After you have exhausted what is available to you for free or cheap, then you can start thinking about constructing the perfect baby registry. The items that you should include on this are those that should be new like bottles, diapers, car seats and other supplies. Make sure that you include gifts that are of large and small value because some people may want to chip in together to get you the perfect stroller or car seat. If you end up finding one of these items at a discount from another location, store credit at any baby supply store will be a huge bonus for you as your little one runs through diapers and clothes.