Save a Bundle on Your Little Bundle!

How can something so tiny cost so much? New parents have been known to spend $4,500 and upward, for just the basics– a crib, mattress, and baby furniture, clothes, wipes, diapers, formula (if not nursing) and other miscellaneous items.

If you are looking for some ways to save– not skimp– on your baby, here are some tips to try!

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1. Breastfeeding: It’s free, and it will save you $1,200 in formula costs! That’s big, but even more important is the fact that by breastfeeding you will pass along important immunities to fight diseases, as well as DHA/AA, two critically important fatty-acids that aid in mental and heart development. See www.LaLecheLeague.org for more information.

Total annual savings: $1,200

2. Formula: If you must bottle-feed, then by all means use store brand infant formulas – these milk and soy-based formulas made by Wyeth Nutritionals are sold by most major retailers under the store’s own proprietary name.  The FDA tightly regulates all infant formulas, and so all of the standard first year formulas are nutritionally equivalent. The only difference is the price! Store brand formulas sell for up to 40% less than the national brands. See Storebrandformulas.com for more information.

Total annual savings: $500

3. Clothes: Many parents spend $500 or more on their baby’s clothes. But if you wear your baby in a sling, no one will even know what he’s wearing!  Babies don’t care what designer label is in their clothes, but they do care to be worn close to their mother. Dr. Sears encourages all of his patients to wear their babies in specially design slings, which creates a special bond of trust between parent and child that actually enhances the mental development of a child. See www.attachmentparenting.com for more information!

Total annual savings: $250

4. Diapers and Wipes: Diapers and wipes can cost over $1,000 during the first year. Once again, you can save up to 30% by using store brand wipes and diapers.

Total annual savings: $300

5. Baby furniture: Stay out of high-end specialty baby shops that sell the latest crib, mattress set, and changing tables, where you will end up with a big bill and several weeks of waiting for your furniture. The best place to buy baby gear is at mass retailers where they sell a high volume of quality baby furniture that they stock at every store. As such, their margins are lower, saving parents a bundle.

Total potential savings: $500

5. Know what you DON’T need: Liz Pulliam Weston at MSN Money points out that many things that people buy for their baby are simply unnecessary. A second-hand, waist-high dresser works great in baby’s room, and can double as a changing table if you put a changing pad on top!  A simple willow basket inside the cabinet replaces a diaper stacker. One car seat and a base for each car is great instead of one car seat for each car. And those coordinated crib sets are cute but mostly useless- bumpers, pillows, and fluffy blankets are not recommended for infants!

6. Go with hand-me-downs! Family and friends may be a great source of baby clothes and other gear that’s free and still in near-perfect condition. You can also find clothes, name-brand strollers, toys and other baby gear for a fraction of the new price by shopping at consignment shops, thrift stores, and garage sales. Don’t worry about germs, just about anything can be thrown in the wash or sprayed with disinfecting cleaners.

7. Free entertainment: Parents.com points out that your local library can be a great source of free mommy-and-baby activity.  Some offer mom-and-baby yoga classes and weekly story time for pre-walkers, wooden puzzles and other toys, and, of course, lots of great books.


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