Saving Money BEFORE Baby Arrives
Author: Heather Slee
This isn't really shocking: babies are expensive. If you are expecting, you're probably also adding figures in your mind: diapers, clothes, gear, toys, books, photos, and more. So if you're looking for some ways to save some money before your due date, check out these three money-saving ideas.
- Buy generic groceries. You may already be doing this, but if not, give it a shot. And if you're scrunching your face up now thinking that generic groceries can't possibly be as good as name brand food, think again! Try out a few things, and see what you like and what you don't like. Many times you'll find the generic food is just as tasty. It may not seem as though you're saving that much right away, but after a few trips to the grocery store, you'll be surprised at how much you will actually save.
- Love books, music, and movies? Buy them second hand or get yourself a library card. I am an avid reader and bought all my books nice and new from the big stores or online. But guess what? By visiting second-hand book stores, I saved a ton and… gasp… got the same words within the same covers. The only difference is maybe a few creases in the spine. You can also trade in your old books and spread the joy. The same goes with other types of media. Besides second-hand stores and libraries (for books, movies, and TV on DVD), you can also check out Hulu.com for free entertainment anytime!
- Stop eating out all the time. Eating out adds up fast. Food, drinks, tips… for what you spend on the bill, you could probably buy five meals at home. If cooking isn't your favorite thing, and if time isn't on your side, one way to make it easier is to plan meals in advance (even lunch, working parents). Take out a calendar and plan out a week or two in advance. This will also help making your grocery list easier. Then, try to stick with the plan for a month to give it a fair chance. Make eating out a special occasion-maybe once a month. It will start to feel like a treat instead of cooking at home seeming like the treat.
A big part in this plan is tracking your savings. Unless you can see how much money you're actually saving, it won't seem that impactful. Estimate your weekly expenses. Then, be sure to track your expenses after you start your money-saving strategies. Keep a spreadsheet on the computer or even on a white board on your fridge. Once you see the difference, start looking for other ways you can save money.
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