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Are babies too expensive?

Experts offer these money saving tips for parents with new babies

Experts offer money saving tips for parents with new babies

If there is one thing we can guarantee about babies, it’s that they are expensive. When it comes to your infant, there are certain things you just cannot skimp on. Although we always want the best of everything for baby, we cannot always afford that. We know that the summer months can get expensive, so knowing where you can save money can be a life-saver. SleepingBaby.com founders Stephanie and Brett Parker know all about saving money with their family of four.

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“When we had our first baby, it was difficult to save money. Through talking to friends who already had kids, we were able to figure out different ways to save money and make sure our baby had everything she needed. By the time our second one came around, we were pro’s at saving money,” said Stephanie Parker, creator of the Zipadee-Zip.

Here are five money saving tips for parents with infants:

1) Learn to buy only what you need. If you have a strict budget you have to stick to, only buy what you really need. A baby needs diapers, a car seat, clothing, blankets and a few other obvious things. You don’t need to buy every new baby gadget on the market. Stick to buying the essentials and save your money for what is needed, not wanted.

2) Think first, buy later. The best plans are always the ones that are made in advance. One of the best ways to save money on baby’s things is to wait to go shopping until after baby is born. Although you should make a list of things you think he or she will need, you aren’t going to know exactly what will be needed until baby is born. You can save money by waiting and not buying things that won’t be needed.

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3) Know what you are buying. It’s best to research all of the things you need before you buy them. You can get great deals on things if you search around. Make a list of what you need and go online searching for the best products and deals out there. When researching, you should also see what people are saying about the product and see if there have been any recalls recently. 

4) Ask your friends. A great way to save money is to buy your baby’s things either used, or get hand-me-downs from friends. If you feel uncomfortable buying something used for your baby, ask a friend whose children have grown if she has any baby things still around. Friends and family are great resources when looking to save money.

5) Find the sales. Now that you are a parent you are going to have to learn to shop sales. parents who don't buy on sale or use coupons can spend up to 25 to 30 percent more than parents who do. If you find a coupon, use it!