Having a baby can be a costly experience, and sometimes we can be so caught up in the excitement of having a baby – that we can forget to budget. Once you start creating the checklist of things you need – it can all add up. We’ve put together a list of ways that you can financially prepare for the arrival of your little one so you can make sure you have everything they need.
Register for Gifts
If you have a baby shower – why not register for gifts? That way you won’t get more than one of everything – and you will get things that you really need. Although you may feel a little bit uncomfortable doing this at first, it can end up being a great help. You can check off your list the things that people have bought you – and you will have a better idea of what you need.
Buy on Auction Sites
You can save a whole load of money if you buy from auction sites. If you go on the likes of Facebook Marketplace or eBay – you will find some great stuff for a fraction of the cost. Of course, a lot of it is second-hand, but that doesn’t mean that they aren’t in good condition. There will be photo’s uploaded of what’s for sale – and you can contact the seller with any queries you may have at any time.
Check out Mummy Social Media Groups
If you go on social media – you will find that there are a lot of groups that are dedicated to Mum’s to be. They will be able to give you lots of tips as to where you can get things for a bargain, and any voucher codes that may be available to get you money off. In some instances – you will also find that they will give things away locally which could help you out a great deal.
Get a Quick Loan
If you are near the time when the little one is arriving, and still have things that you need to buy – then you could look at a quick payday loan as an option. There are brokers such as Cashlady.com who will be able to put your application to a wide range of lenders which gives you a great chance of being accepted even if you don’t have the best credit rating. This is perfect if you can afford to pay it back relatively quickly.
Interest-Free Credit Card
Some reputable credit card companies will allow you interest-free credit on purchases for a certain period of time. This means that effectively you can buy now and pay later. This gives you the chance to save up the money and pay the credit card back before you start accruing interest.
If the cost of having a baby has just hit you like it does a lot of us, then hopefully this list will help you out!