Save Money on Child Expenses

If you’re a parent you already know how expensive it is to raise children. From the time you buy the first diaper to the day they graduate from college, kids are a major drain on your wallet and budget. Although you’d never change having them, it would be nice if they didn’t cost so much! If you’re wondering where the next dance lesson payment is going to come from, we have some tips for you so you can spend less on your child expenses without sacrificing too much overall:

Don’t impulse buy. Just because an outfit is cute or a toy is on sale doesn’t mean you need it. If you see something you or your child really want, set a “cool down” time for you to think the purchase over before actually buying it.

Look for quality over quantity. Just because the price is great doesn’t mean the product is; you might be better off buying a more expensive item because it will last twice as long.

Forget the neighbors. “Keeping up with the Joneses” can quickly drive you to the poor house, so don’t fall into the trap of buying things just because your neighbors or your kids’ friends have it. Make your own choices that match your own lifestyle.

Consider buying used. Often you can get gently used clothing, toys, and sports equipment at resale shops, consignment stores, or online sites and the items will work just as well as their new counterparts.

Find a Mom-to-Mom sale in your community. These popular venues are perfect for networking with parents of children the same age, as you can partner up for future buys.


Check online discount and coupon sites before you buy. Major retailers including Walmart often advertise their special deals on sites such as Groupon, and you can save extra before checking out either in-person or online.

Remember to ask your family and friends! You can add your kids needs to shopping lists such as birthdays and holidays and make the giving more practical. Don’t forget to add their favorite colors and characters as well as their clothing and shoe sizes.

Since it takes nine months for you to give birth, you have enough time to save money for your baby and for emergencies. Some parents and newly-wed couples even save money before having a baby. Pregnant women should bear in mind that they cannot go back to work immediately after giving birth, thus sources of income would solely depend on the head of the family. If this is the case, you cannot expect your husband’s income to sustain all the needs of the family, especially those who have small to middle-income earners. Below are baby-related expenses worth saving money:

  • Clothes – You should remember that babies grow faster, thus parents frequently buy clothes for them.
  • Food – When babies are already four to six months old, they are already introduced to soft and baby foods, thus you need to buy foods for your baby.
  • Vaccination – To keep them away from different types of diseases and illnesses like measles, chicken pox, and influenza, it is a must that you have your baby vaccinated regularly.
  • Regular checkups – Apart from vaccinations, you need to bring him to the pediatrician to assess their health and well-being.
  • Diapers – To avoid washing cloth pads and diapers, parents buy disposable diapers nowadays.
  • Vitamins and food supplements – Since babies cannot get all the needed nutrients and vitamins from the food they eat, you need to buy vitamin and food supplements so they will grow healthy.
  • Baby equipment and supplies – Apart from their food, clothes, and vitamins, you also need to buy other supplies like the playpen, rattle, stroller and much more.

Because of their varied needs, it is a must for parents to save money to sustain their needs. How can you save money on baby’s expenses? To save money, you can consider the tips mentioned below.

  • If funds permit, you can buy diapers in bulk because you can avail discounts on wholesale purchases.
  • You can also ask for outgrown clothes and baby supplies from friends, colleagues, and relatives.
  • You can also avail the medical and health assistance given by the government like vaccinations, vitamins, and medicines. Rural and local governments help mothers by providing these items free of charge.