If you’re expecting the pitter-patter of tiny feet, congratulations! Preparing for a baby can be both fun and exciting, but what happens if you’re a little short of funds? Well, the simple answer is to spend less, so here’s how to buy the things you need on a shoestring.
Use a low rate credit card
With everything from swinging Moses baskets to state-of-the-art nursery furniture available these days, it can be tempting to overspend. Cute booties, designer outfits and musical mobiles are sure to catch your eye, but it’s important to keep your costs down when possible. One of the best ways to do this is to use a low rate credit card to make significant purchases. This will lower your borrowing costs and ensure you get the necessary equipment without racking up high bills.
Look for offers and bargains
Babies grow quicker than you might think, so there’s no point spending a fortune on new-born attire. Instead, reuse items you already own and look for discounted sleep suits, baby grows, bibs, vests and other essentials online. Many stores have mid-seasons sales or you could browse second hand or swap-shop sites for a one-off deal. Your friends might also have things you can use, so ask other mums and dads in your neighborhood and see what you can find.
Redecorate on the cheap
There are many ways to decorate your nursery on the cheap, so don’t let money worries ruin your fun. Firstly, keep the color scheme simple (as five shades of paint tend to be more expensive than one) and make the most of the soft furnishing you already own. It’s amazing what a few cushions or an old rug in a new room can do and that big teddy you won at the fair might just come in useful! If you’re looking to liven up the wall, transfers are ideal or you could paint the alphabet round the room using stencils. Check out the best nursery gliders for your room.
Throw a baby shower
Baby showers are popular these days, so why not throw one for your new arrival? You’re sure to receive a wealth of gifts and this could save you a lot of money down the line. Of course, presents shouldn’t be your only reason for inviting friends and relatives over, but if they want to buy you something it’s good to have thought up a list – although it might not be wise to ask them for a new cot bed or a state-of-the-art pram as these are a little pricey.
These days, many parents will take out a loan or apply for a credit card to supplement their funds, but there are ways to keep your spending under control.
