HOW TO HAVE A BABY ON A BUDGET

If you’re currently living on a tight budget, you may think that expanding your family by having a baby is out of the question for many reasons.

There are many important things to know beforehand that will help prepare you and make this future family possible for you!

IS IT POSSIBLE TO HAVE A BABY ON A SMALL BUDGET? You will have to cut out some more expenses than you may want to at this stage.

FINANCIAL PLANNING FOR BABY: WHAT TO KNOW BEFORE GETTING PREGNANT

If you want to have a baby, then all you need is to plan accordingly, identify where you can save, and then implement your plan.

The only way to attempt to prepare for these costs is to go to regular prenatal appointments and follow the doctor’s recommendations.

HOW MUCH SHOULD I SAVE FOR THE BABY’S FIRST YEAR?

If you are attempting a home birth just to save money, you should thoroughly compare the costs covered by your insurance.

Overall, if breastfeeding is an option for you, then it is a great way to cut costs and has been shown to increase positive connections between mother and baby.

WHAT EXPENSES YOU NEED TO PLAN FOR WHEN HAVING A BABY ON A BUDGET

DOCTOR BILLS FOR MOM & BABY You should speak to your doctor and help find a happy medium that covers all of your concerns while taking into account what you or your insurance can cover.

DIAPERS/NECESSITIES Diapers, formula, baby food, clothes, and many other items are necessary for your baby and have to be bought consistently.