Babies need all. This. Stuff. It’s almost like there’s another person moving into your home who doesn’t own any of the things she needs! Actually, it’s exactly like that, and one of the major stressors for couples who are trying to conceive or expecting is everything money-related. Luckily, Mother.ly has an excellent breakdown of how to stay financially savvy, whether it’s saving beforehand, finding lower prices (our favorite), or reevaluating your insurance.
—Start with the basics: Make a budget and examine your wants and needs. Stash away any money from things you really don’t need to be purchasing.
—Find the deals. Look into which baby items can be safely bought at a discount. Discontinued colors, buying ahead of time from clearance sections, and mom-to-mom sales are great ways to get new or almost-new items for a fraction of the price.
—Start adulting. Research tax benefits, life insurance, 529 plans, and health insurance policies to see how to make them work for your growing family.
Read more at https://www.mother.ly/work/how-to-become-more-financially-savvy-before-your-baby-is-born