Baby savings

My sister had a baby 6 months ago, so I’ve learned a lot about the many needs that come along with such a great responsibility.  I’ve seen articles that say that the average family spends up to $10,000 by the time their new baby is 2 years old.  That’s a lot of money!  Here are a few tips to reduce that high cost.  The most obvious is breastfeeding – it’s free!  Some women don’t have a choice because of health reasons, but for those that do, breastfeeding has been shown to be healthier for your child, and it won’t cost you a dime.  Also, check out second hand stores for baby supplies.  I actually worked at one of these in high school, and it was a great idea.  Babies grow so quickly that there’s no point in spending lots of money on outfits that they may only wear once.  Sell your baby’s items at one of these stores for some extra cash, and try to buy most of their clothes and toys there as well.  You’ll save a bundle!  If you have lots of friends with children, you can trade items as well (including maternity clothes).  My sister and her friends hand things down to each other, and it’s a great way to save money and support each other at the same time.  Finally, use generic diapers (or cloth ones).  Generic brands are often exactly the same, and they’ll cost around 30% less.  And I promise that your baby will never know the difference!

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