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You are here: Home / Expert Advice / Having A Baby And Saving Money

Having A Baby And Saving Money

by Kathy T.

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Babies are expensive. There’s no denying that. I’ve heard that it takes an estimated $250,000 to $1 million to pay for a child from birth to age 18 (not even counting college). One million dollars over 18 years. That is insane! But for almost everyone, it is worth it. But, if there is any way to ease up on the cost, it’s also worth it to take advantage. For tips on how to frugally prepare for a new baby, check out this post by Stacy at Adventures In Coupons:

-Write out a realistic list of everything you need

-Buy used if you can. Babies grow out of clothes extremely fast.

-Barter with friends for what you need

-Use reusable cloth diapers

-Talk to a pregnancy crisis center- they help low income families with baby supplies

-Sign up for baby freebies and mailing lists

-Breastfeed if you can

Photo Credit: Alamos Basement 

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