Budgeting as a new parent

If you had an unlimited budget for your pregnancy, you would figure out a way to spend it – that’s just human nature! But most of us are not working with an unlimited budget when we are preparing for a baby, which means we need to plan to get the most out of every penny.  

Fortunately, there are simple ways to save money on pregnancy prep without compromising the health and well-being of yourself or your baby.

Stay healthy

It can be tough to maintain healthy habits when pregnant. But if you figure out how to stay active and eat a decent diet, it can leave you with more energy throughout your pregnancy, make for easier labour, and yielding many other advantages. Try to eat as many leafy green veggies as possible along with high quality dairy, salmon, lean meat, eggs, wholegrains, and fruit.  

When it comes to exercise, try some light movement every day, whether it’s going for a walk, taking a leisurely swim, or doing some yoga – it doesnt have to cost the earth. And if you have any problems drifting off to sleep, try to find a relaxing activity (such as pregnancy relaxation, reading, or taking a long bath) that helps your mind and body prepare for a restful night’s sleep. 

Review your finances

Take a close look at your income and expenses, and estimate how much things such as pregnancy classes, baby products, and any other expenses will set you back. Then, look for any other areas of your budget where you can make cuts. 

For some, an expanding family may result in the need to consider purchasing a bigger home. In that case, you will need to figure out how much home you can comfortably afford while still leaving room for unexpected costs and life changes. The easiest way to determine a goal home price is to assess your income, monthly spending, deposit, type of mortgage, and average APR. There is a lot of useful information online and speak to a mortgage advisor if its something you are seriously considering.  

Your pregnancy wardrobe

It doesn’t get more comfortable than leggings, especially when pregnant! Leggings are stretchy and will keep expanding as your belly grows, and there are plenty of affordable products on the market. Research high-waisted maternity leggings that you can wear all day, every day. They are also highly versatile, and you can wear them with an array of wardrobe items and accessories. 

Shop around

Safety guidelines regularly change for items such as car seats so it is important to keep track of the latest advice surrounding these.

For almost everything, you can check out your local secondhand stores and online marketplaces for toys, shoes, clothing, and equipment. You can save hundreds of pounds by opting out of purchasing everything you need brand new. 

Embrace meal prep

Every family can benefit from meal preparation. Not only can it save you a significant amount of money on your monthly grocery bill, but it also gives you complete control of what your family is eating and can save you a lot of time once you get into a routine.  

When you have a baby on the way, it can be a downright game-changer. Find some easy, healthy recipes online, throw your batch-cooked goodies in the freezer, and you’ll have quick meals ready to go! 

Save on the essentials

Finally, there are certain items you will want to stock up on before your baby arrives. Staples such as nappies and wipes. Look online for affordable subscription boxes and delivery services, or join a manufacturer’s rewards program to save big while buying in bulk. 

You are about to add a lot of joy to your life, but you don’t want to accrue debt in the process. Keep the tips above in mind as you prepare for your baby’s arrival, and keep looking for other ways to start this next chapter on solid financial footing. In no time, you’ll be rocking your newborn in your favourite pair of leggings while enjoying the meal you prepared a few days beforehand!