If you have a newborn, you're probably panicked too. No wonder: Depending on your spending habits and child-care needs, you'll likely shell out $7,000 to $14,600 annually between now and your little one's second birthday. But there's hope. Through trial and error, I learned a lot about raising a daughter on a budget. Now that my second girl is here, I've gotten even savvier. Here are ways you, too, can cut your baby expenses by half—or even more.
Here is a summary of the ways you can save according to the article:
At the hospital
1. Say no to add-ons.
2. Don't turn on the TV.
3. Ask for coupons and samples.
4. Take the toiletries.
5. Nurse if you possibly can.
6. Borrow a breast pump (**be sure to read comments**)
7. Find out in advance where you can get free breastfeeding advice.
8. Don't rush to buy a breastfeeding wardrobe.
9. Don't buy baby clothes far in advance.
10. Scrimp on all-in-ones.
11. Choose unisex shades and styles.
12. Lose the shoes.
13. Buy secondhand special-occasion clothes.
14. Look for furniture and accessories that do double duty.
15. Return unwanted gifts promptly.
16. Don't buy crib pillows.
17. Buy just one or two bottles before your baby is born.
18. Set up a photo Website.
19. When it comes to diapers, buy in bulk.
20. Test-drive a stroller before you buy it.
21. Turn to your local library for classes and games.
22. Keep a baby-care bag in your car.
23. Ask your pediatrician for free product samples.
24. Call your pediatrician to talk over a problem before setting up an appointment.
25. Don't buy an ear thermometer. .
26. Hold on to free formula samples and coupons.
27. Sign up for baby-food company newsletters and coupon offers.
28. Make some baby food.
29. Package crunchy toddler snacks in individual airtight containers as soon as you buy them.
Remember to place a little of any money you save into the college savings account!