One Mom's Tips for a Frugal Pregnancy
Written by Janine Rogan
Thursday, August 16th, 2018
The average cost of raising a child is $10,000 to $15,000 a year until they turn 18, but the costs start affecting new parents much sooner than when baby arrives.
From maternity clothes for your growing bump to baby furniture, costs can add up in a hurry. There are steps expecting parents can take to ensure pregnancy doesn't drain their bank account!
Aislin Laschowski is a new mom in Edmonton, AB, who welcomed her son into the world this past March. I asked her how she managed to save money throughout her pregnancy. Here are her tips:
Saving on Clothing
- Stick with a colour palette. Aislin doesn't have a colourful wardrobe, so sticking to neutrals wasn't hard for her. Sticking to a colour palette makes it easy to mix and match and ensures you don't have to buy more clothing than you'll need as your body changes.
- Borrow from friends. "I lucked out in that a close girlfriend with very similar style spent last fall and winter pregnant. The pieces she lent me worked throughout my entire pregnancy." If you can find a friend with a similar style, consider sharing your wardrobe between the two of you.
- Buy secondhand. Aislin snagged a few over-sized button downs and some v-neck tees from an Instagram closet sale. "They're all perfect for breastfeeding and a quarter of the price of most nursing tops." In addition to this, Aislin found steals on Kijiji or through a maternity rental organization.
- Buy clothing that can accommodate your bump but you can still wear when you're not pregnant. In total Aislin spent about $200 on maternity-specific clothing and $400 on non-maternity clothing that accommodated her growing bump.
Saving on Furniture
There are a few items you may want to splurge on and others that might not make sense. However, borrowing from friends that are holding on to items for a second or third child is a great way to minimize costs. Hopefully, you can return the favour!
For Aislin, a comfy chair for breastfeeding was top of the list. "We bought a glider and a vintage rocking chair," she says. She also notes that they were given a beautiful crib and an infant seat from a friend, and are borrowing a bassinet. Cribs have safety standards, so check the make and model online to ensure there are no safety issues.
Don't Skimp on Car Seats
When it came time for a car seat, price didn't factor in, but safety did. "My husband did a ton of research on car seat safety and we also checked in with other parents about what they liked/disliked about a few different models. The bucket seat also fits onto our stroller base with adapters, so we've never had to wake a sleeping baby transitioning him from car to stroller."
There are some things that are more important than saving a few dollars and safety is one of them! The Government of Canada has information on car seat safety.
Keep to a Budget, Even if it's Hard
Being mindful of where you're spending when it comes to your pregnancy is important. Taking note of how much everything costs is a great step in ensuring that you'll stay on budget, and that you don't get so caught up in the excitement of having a new baby that you end up overspending.
This article or video (the “Content”), as applicable, is provided by independent third parties that are not affiliated with Tangerine Bank or any of its affiliates. Tangerine Bank and its affiliates neither endorse or approve nor are liable for any third party Content, or investment or financial loss arising from any use of such Content....
The Content is provided for general information and educational purposes only, is not intended to be relied upon as, or provide, personal financial, tax or investment advice and does not take into account the specific objectives, personal, financial, legal or tax situation, or particular circumstances and needs of any specific person. No information contained in the Content constitutes, or should be construed as, a recommendation, offer or solicitation by Tangerine to buy, hold or sell any security, financial product or instrument discussed therein or to follow any particular investment or financial strategy. In making your financial and investment decisions, you will consult with and rely upon your own advisors and will seek your own professional advice regarding the appropriateness of implementing strategies before taking action. Any information, data, opinions, views, advice, recommendations or other content provided by any third party are solely those of such third party and not of Tangerine Bank or its affiliates, and Tangerine Bank and its affiliates accept no liability in respect thereof and do not guarantee the accuracy or reliability of any information in the third party Content. Any information contained in the Content, including information related to interest rates, market conditions, tax rules, and other investment factors, is subject to change without notice, and neither Tangerine Bank nor its affiliates are responsible for updating this information.
Tangerine Investment Funds are managed by Tangerine Investment Management Inc. and are only available by opening an Investment Fund Account with Tangerine Investment Funds Limited. These firms are wholly owned subsidiaries of Tangerine Bank. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.