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5 Tips for Saving Money on Baby Gear

There is nothing that compares to the joy of holding your newborn baby in your arms for the first time. As you gaze down at that small pink face, you’re probably not thinking, “You’re going to be very expensive.” However, parents will spend nearly $10,000 on a child’s first year, according to a survey by BabyCenter. Before you start trying to put the baby back where it came from, check out GradSave’s tips for saving on all kinds of baby stuff.

  1. Babies grow at an alarming rate. The $40 outfit you just bought will fit for approximately six hours. Shop for clothing in resale stores, hit up yard sales, or ask friends with older children if they still have baby clothes hanging around.
  2. A baby will use a crib for a year or two before transitioning to a toddler bed. He or she will then outgrow the toddler bed before you’ve finished setting it up. Spend the extra money for a transitioning crib and look for other furnishings that perform more than one function, such as a changing table that can eventually be used as a dresser.
  3. Using cloth diapers can save parents nearly $3,000 from birth to potty training. However, if the mere thought of cloth diapers grosses you out, consider buying disposable diapers in bulk. The savings really do add up!
  4. Hollywood moms spend thousands of dollars on stylish strollers, chic cribs, and haughty high chairs. Resist the temptation to buy something because the rich and famous own it. Deep discounts are available on last year’s models or store close-outs. Your child will suffer no lasting emotional damage from riding around in an everyday stroller designed for everyday babies…and the other infants will not judge him or her for being in last season’s model.
  5. Never hold the baby shower before the birth of your child because good intentions can quickly go awry. The boy on the ultrasound could turn into a girl in the delivery room. Your baby may be bigger than average or too small to fit into newborn sizes. If you already have everything you need for your new baby, ask guests to buy a GradSave gift certificate and contribute to your child’s 529 plan instead. Close friends and family will love the idea of contributing to your child’s college education and giving a gift he or she won’t ever outgrow.

 

There is no need to spend thousands of dollars on a small person who has not yet mastered head control. Skip on the newest, trendiest gear and put that money into your kid’s GradSave account instead. Although the thought is inconceivable to you at the moment, your child will be college-bound before you know it. For now, however, the baby needs a diaper change.

Posted by Michelle
Fri, June 15th, 2012 @12:17PM
 
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June 15, 2012 | Michelle
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