I just read an article at babycenter.com about the top 7 costs of having a baby. We have already come up with a plan for each!
1-Formula- We plan to breastfeed for a while, which is better for the baby and mom and free!
2- Diapers- We are going to invest in cloth diapers which will eventually save a lot of money. There are also benefits such as they are way better for the environment, healthier materials, and very cute! Just a little more work with laundry- but isn't there going to be a lot more laundry anyway..?
3- Childcare- Joel is going to work more part-time- evenings and weekends, and stay home during the day when I have to go back to work. In the summers, I will be able to stay home for about 2 months.
4- Gear- We are grateful for anything we get from relatives and baby showers. The rest we would like to look for in thrift shops as long as they are in good condition. We already have a changing table, and a carseat/stroller and crib/bed promised to us!
5- Clothes- If I have a girl, Joel's sister has a lot of cute girl clothes she's saving for us. If it's a boy, his brother has some boy clothes for us! We will probably get some at our baby shower, some hand me downs, and I already bought a few items on sale in neutral colors. We can always use them again if we have another baby even of the opposite gender. Since babies grow so fast, we'd like to stock up on cheaper basics, like plain onsies. They only need to wear the cutesy outfits when we are in public.
6- Food- I already invested in the Baby Fresh So Easy baby food making kit. It looks so easy and fun! Also, healthier for the baby and much cheaper than buying baby food. And I got it for only $21.99 at Wegman's, where online it's around $38 everywhere I look for the kit. I can also purchase extra trays online if I need to.
7- Toys, Books, and DVDs- Well, babies aren't supposed to watch TV until age 2, so we'll be ok for a little while. And I already have The Very Hungry Caterpillar and Other Stories on DVD. I have already purchased several board books and kids' books from school. I always check the book orders and buy cute books on sale. Some paperbacks I can get for only $1. I love books and have a bunch of board books I bought a few years ago too. As for toys, I don't want to have tooooo many... and we have friends with children who have offered some toys. Also, baby's birthday, Christmas, etc. will probably bring in enough toys to last until the next event. I will also buy a few things here and there, mostly if it's educational, on sale, or super cute. Oh- and I have some cds already. I have the Wee Sing collection and some preschool ones from when I student taught in preschool.
These top 7 baby costs aren't enough to scare us! We already have our plan ready!