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money saving tips for new moms and dads

7 Best Money-Saving Tips for New Moms

March 27, 2020 Filed Under: New Parents, Save Money

7 Best Money-Saving Tips for New Moms. Because becoming a new mom is already giving every pregnant mom stress.

You’re thinking about so many things including financial responsibilities, money management, whether you will be a good parent, doctor’s appointments, and the list goes on!

But you don’t have to worry. Because in today’s blog post, we will be sharing 7 best money-saving tips for new moms.

And the best part about these tips is the fact that they are shared by moms just like you.

7 Best Money-Saving Tips for New Moms

If you can’t use all of them, you always have the freedom of altering them according to your lifestyle.

Our best money-saving tips for new moms. As a new mom, it's important you make your money stretch your maternity leave.

1. Look at Online Consignment Places

One of the best money-saving tips for new moms is to not buy a ton of newborn clothes.

It is an exciting thing welcoming your new child.

However, you do not need to go all out. Because children grow up so quickly and the next thing you know, they won’t fit in the clothes that you bought a few months ago anymore.

Find something for a fraction of the price but still in good condition. That way, you save more money.

2. Buy More Neutral Colored Clothing

This is the ideal money-saving tip for parents who are planning to have more than one child.

It may not save you money the first time having a child, but it will definitely save you more money when you have your second, or third child because they can simply wear the same clothes.

3. College Fund Ready

Some moms agree that instead of having their friends buying tons of onesies for their huge baby registry, they encourage new moms to have their friends to contribute to the college fund.

This is definitely a smart money move because not only will the money be used toward the better thing; you are also not wasting on material stuff like clothes too much!

4. Plan Meals Ahead

One of the best money-saving tips for new moms is to do meal plans ahead of time.

This allows you to stick to a weekly budget and only buy things that will allow you to prepare the meals for your family.

If you have a weekly budget, most of the time, you will not overspend your money on it.

And the best part of it is you will probably more money left over at the end of every month.

Check out these frugal meal planning tips.

5. Do Not Stock Up on Diapers or Wipes

Most new parents would love to stock up because it’s the most common thing to do.

However, you might want to wait a little bit and save that money.

At that early age, you do not know yet whether your child is sensitive to a certain brand.

If you have friends or family members who want to get you these items, tell them to give you a gift card and you can get them yourself whenever you are ready.

6. Make New Friends

When you are married, you found yourself hanging out with married couples more.

And then, you are pregnant, and you find yourself wanting to connect with mothers. This is very important especially if you are a new mom.

By connecting with seasoned mothers, they will be able to teach you more on how to save your money and the best part is if they have something to hand down to you.

These include clothes, car seats, and more. Come and join the Todays Work At Home Facebook group to connect with other moms.

7. Invest in Babysitting Co-Op Program

If you are a working mom, chances are you might already start looking for daycare even before the baby arrives.

A babysitting co-op program is the best way to save money on especially if you want to have a special time for yourself or with your partner on certain evenings and weekends.

A babysitting co-op program is basically a group of parents teaming up together to take a turn in watching each other’s children at zero cost. Easy!

Filed Under: New Parents, Save Money

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