How to Save Money While Having a Baby Part 1

10:36 AM Mayen Acebron 0 Comments

Being a mom/parent is the most fulfilling role in the world. It is also the hardest and the most expensive. Yes! We all agree that having a baby costs a lot. But there are ways to still save money while having a baby. In today's post, I want to share with you, our personal experiences on that matter.

Whether you already have a newborn in tow or planning to have a baby or you are like me, who quit her job to be a full-time mom, you may want to read this post to get some tips on how to save money while having a baby.

Before we proceed, let me just share with you how I become a stay home mom. It's not what we originally planned but it's something I really want. I'm so glad I got my wish. If you are like me, whose only wish is to be with your baby 24/7 but you think it's not possible because you are not rich, well, maybe it’s not that impossible after all. This post might help you out.

As you may already know, I am a mother of one cute little boy. He's now eight months old. My husband and I are not rich. So we really took our time and saved up for my pregnancy and giving birth. Before giving birth, our plan was for me to take the 3-month maternity leave and go back to work because 1. It's not possible to make a living if only one of us is working 2. We want to increase our savings while having a baby. 

To be honest with you, I don't want to go back to work, not because I hate my job, but because I want to personally take care of my baby like most new moms do. It's always been my dream to be a stay home mom. Not because I am lazy and don't want to work but I want to be hands on to my baby, which is actually more demanding and far more difficult than having a job. If you know what I mean. I also want to witness all my baby's firsts.

When my maternity leave was almost over, I asked extension from my bosses because I need more time with my baby. Fortunately, I was granted 3 more months to be with my baby provided that I work from home. I couldn't ask for more. However, even before that 6 months were over, I and my husband already made a decision that I am going to quit my job.  Moreover, I was not ready to return to work yet because I became too attached to our baby that I cannot leave him for work.

I'm not going to lie; my husband and I were scared that I quit my job and rely on his salary for a while. We have some money saved up in the bank but it might not be enough. In the end, we braced ourselves and stand by our decision because we both want that I take care of our baby. We are just comfortable that way.

I think it is important to point out that even before giving birth we already took some measures to avoid spending too much when we already have the baby.  We made some decisions that we know will aid us in the future in terms of finances, and we were right.

Originally, I plan for just one blog post dedicate to how to save money while having a baby, but after writing it, I've decided it was too long for just one post so I divided them into two parts. On this post, I am going to share what we did to save money before the baby even comes along. The other part is what we did to save money after the baby was born.

(Read How to Save Money While Having a Baby Part 2, click here)

Let’s get started.

Borrow - not money but some baby stuff from relatives or friends. If you know or are close to somebody who just had a baby, don't hesitate to ask them if you can borrow some of their baby stuff that they no longer use. I have a cousin who gave birth to a baby boy 3 years ago and she saved most of her baby stuff. 

A lot of her stuff for a newborn baby was still in perfect condition, so she let me borrow most of them. For the record she offered. She happens to be my best friend cousin. So, you know, it's kind of her duty. Hehe… She lets me borrow her baby's bath tub, carrier, and diaper mat, to name a few. We saved a lot of money because of that.

We also didn't buy a lot of newborn clothes. My husband's sister in law gave birth a few months before me and she donated most of her baby's white clothes to me. So we didn't have to buy a lot. Babies grow up so fast they will not use newborn clothes for a long period of time which leads me to the next tip.

Do not buy a lot of newborn clothes - For those who are already a mom, you will agree with me. Like I said, babies grow up too fast they don't need too many newborn clothes. If in some circumstances you need more clothes, you can always buy after the baby was born. In addition, you don't know how big your baby is going to be. Some babies come out and they are already a size of a 3-month-old.

My baby was very small when I gave birth to him. But most of the clothes I bought were good for 3-6 months. True, some of the clothes we got hung loosely to him during the first couple of months but time flies so fast. Before we knew it, we need to buy him new clothes again. We bought new sets of every day and sleeping clothes when he turned seven months.

Breastfeed your baby- we heard it a million times already, breastmilk is best for baby; and it’s true. Not only that, you will also save a lot of money if you breastfeed. Aside from not spending money on formula milk, which cost a lot, you also don't need a lot of feeding bottles especially if you plan to be a stay home mom like me. I thought I was going back to work so I bought a lot of baby bottles to store my breast milk. I didn't use half of them now. So I suggest that you don't buy a lot of baby bottles unless you plan to go back to work.

I am passionate about breastfeeding. I think even if you are rich and you can afford to buy the most expensive formula milk out there, you still not giving your baby the best nutrition unless you breastfeed him/her. It's not easy, I admit, but it's worth it. I shared my breastfeeding journey on this post

Besides, no formula milk, expensive or otherwise will ever be superior to breast milk. Not to mention its guaranteed safe, sanitized and will always be in perfect temperature for your baby. You also didn't need to spend some money on distilled or mineral water. In addition, your baby will less likely to never experience dehydration or diarrhea, which again will save you a lot of money and worry for you baby's well-being. 

Use cloth diapers- A newborn baby may consume 5 to 8 or more diapers a day.  If you don't have a lot of money to buy disposable diapers it will take a toll on your budget. So, it’s best if you use cloth diapers. You might spend a good amount of money at first on cloth diapers but you will use them for years. So you will still save money eventually. Not to mention you are doing the environment a huge favor by not adding clutter to the world. I got most of Jarvis’ cloth diapers online because it’s cheap. I got his for Php 100 each.

Personalize your baby's gift- I know it can be awkward to ask people to give specific gifts to your baby. If you are not comfortable, just ask the people closer to you, like your mom, siblings, best friends or cousins. Don't be shy. Most of them are having a hard time thinking what to give your baby as a gift anyway, so you are actually doing them a favor by saying what your baby needs. They will also be very happy if they know they are giving your baby something he/she will actually use.

I suggest you make a list of the things your baby needs and assign them to certain people. In that way, you will avoid duplication of gifts. This will definitely save you a lot of money while having a baby.

Hold a baby shower - Speaking of gifts. One way to get people close to you to buy your baby gifts is by organizing a baby shower. I wasn't able to organize a baby shower for Jarvis because I was too lazy back then #pregnantproblem but if you have the energy, go for it.

Research before you buy- Do not buy everything at the mall. There are tons of online shops out there that sells baby stuff a lot less than mall price. Take your time and compare prices before buying anything.

I got Jarvis' wooden crib for only Php3500 from an online shop. Cribs like that cost more at the mall. We got his foam directly from Uratex which also saved us a lot of money. Other crib accessories were gifts from friends.

Attend baby fair- always look for baby fair because you'll find a lot of great baby stuff there in very affordable price.

I was able to visit one baby fair when I was pregnant and I found most of my trusted online baby stuff vendors from there.

That's it for now. I hope you find this post helpful. On my next post, I will share with you what my husband and I do to save money when we already have the baby. So I hope you stay tuned for that. Thanks for being here. 


Thank you for taking your time to read my post and add a comment. Have a wonderful day!