10 Money Saving Tips for New Parents

pregnant savings

Did you know the number one cause of divorce in America is financial stress?

It’s no secret that raising a child costs a lot of money and for new parents, these new expenses can be overwhelming.

If you’re in a crunch, there are some things you can do to help manage these costs:

  • Don’t be afraid to ask friends or relatives for hand me down clothing or baby gear. And, if you already have a child, be sure to save her things for the next baby.
  • Use your bargaining skills. Times are tough so you may be able to negotiate a lower price for items from your favorite baby boutique. You may also be able to get a better rate when hiring a babysitter or nanny.
  • Use coupons and sign up for store rewards programs. You can easily find coupons online not only for groceries but for other child products like toys, diapers, and professional portraits
  • Breastfeed your baby. The American Association of Pediatricians recommends breastfeeding your baby for the first year of life. This is not only beneficial to your baby in many ways, but it is FREE.
  • Use cloth diapers. Although there is the initial expense of purchasing a supply of cloth diapers for your child, you will quickly save money as you are able to reuse them. And, hey, it’s good for our environment!

What do you think?

10 Money Saving Tips for New Parents

Tell us what you think!

31 comments

  1. emoore3 says:

    I work from home and luckily i was able to find something with minimal work so i could spend lots of time with my kids! I struggled for the first year until i found this! And this job is great for anyone who just wants a little extra money or wants to make a living off of it. And if anyone wants to join message me for details and i can get you started!

  2. mommy nhoj says:

    I would love to breastfeed my baby but doctor’s advised me to discontinue since I’m on contraindicated medications. Since we moved here in the US, never been keen on using and gaining coupons 🙂

  3. Ja says:

    These tips are very helpful. Thanks!

  4. denette87 says:

    These are all really great tips.

  5. Joy says:

    This site is really gr8..i am sharing clothes and other stuffs with friends and family. Even we used our furniture’s for 4 kids. Buy one time and reuse again and again..

  6. EbyMom says:

    wow I love this site. am currently breastfeeding my baby without cost.each day looking healthy and robust. thanx for the encouragement. cos sometimes when I look around I think am the only one in this situation but truly most families face challenges. it is well

  7. PrettyBoogs says:

    This is my first baby and I want new furniture. Other than that, I am a thrift shop Mom and and I have already started Getting the BEST deals at the changes of the seasons and super sales. 🙂

  8. Anastacia113 says:

    I do everything on this list except for # 5 , my hats off to the Mommy’s that are.

  9. Inapinchnj says:

    It is very informative blogs for our parents.Ther are some beautiful points are mention about the child care.

  10. Courtney says:

    very good to know!

  11. Dina says:

    I do all of this. I’m so proud:)

  12. LenaRei says:

    Thank you for the tips!

  13. lilypad824 says:

    another idea is make things out of old things you have..

  14. I love ANY money saving ideas!

  15. Angela says:

    Great tips. Thanks!

  16. sinda says:

    I wish when I had my first baby that I would have asked for hand me down clothes. It would have saved us a fortune. This is good advice. Thank you!

  17. mrscox09 says:

    I love to save money. Thank for the tips.

  18. BellaMama629 says:

    Thanks for all the tips..

  19. Mi says:

    good to know…

  20. the costco membership will sure come in handy

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