*contributed collaborative post
There are lots of different things that you need to spend out on as a parent. Clothing, food, education, fun… you might even need to buy a larger house or get a bigger car. The list seems endless, and it can be worrying working out how you’re going to cope with the changes that are coming and the financial differences that a new baby is going to make.
Yet it can be done, and there is no need to be too concerned as long as you have a plan in place that shows you just what to do. With a little forward thinking and some lifestyle changes, having a child doesn’t need to be as expensive as you might have thought at first.
There is no getting away from the fact that you will need to buy some items for your child. There will certainly be costs involved. Yet they may not be quite as high as you first think when you begin looking at the different items you want to purchase.
This is the key to saving money as a parent – or even when you’re not a parent and you want to cut down on your costs. If there is something you want to buy, take the time to research it thoroughly and ensure you aren’t paying too much. If you look closely enough, you might be able to find the same or similar item much cheaper elsewhere.
The more often you do this, the more you will save, and when you add all of these savings up it could come to a large amount of money. Why not put those savings into a separate account for your child as they grow up?
Change Your Job
Sometimes saving money isn’t always possible, or at least not to the extent that it will make that much difference. In this case, if you need more money the best thing you can do is look for a new job. This could be the ideal opportunity to finally do something you’ve always wanted to do or to take the next step when it comes to your career – now that you have an incentive to make these big changes, you might be more confident to try.
There are part-time jobs you can do in your spare time if you don’t want to change your current position but you do want to make some extra money, so this is another option and you can browse jobs online. Another idea is starting up an eCommerce business that requires little time and effort but that brings in a small amount of income.
Get Free Things
Although this isn’t something that everyone is going to be able to do, it might be possible to get at least some of the things you need for your baby for free. Search around on local message boards and Facebook groups, and there are often people giving away unwanted items for nothing at all – the only ‘catch’ is that you will probably need to collect it yourself. This is a small price to pay for not paying a small price (or a big one) at all.
There might even be items that friends and family members are willing to give you or lend you. Even if these items aren’t what you would have chosen yourself, you should always say yes – it will save you money and that’s what counts.