Six Money Saving Tips for New Parents
The cost of raising a child in the UK to the age of 18 has been estimated as being upwards of £75,000. Over those 18 years, anywhere you can save a few pennies will be well worth it. If you’re just about to become parent, the costs can be quite overwhelming. There are lots of ways to save though:
New parent groups and the NCT
Becoming a new mum is daunting, and can even be lonely. Join a group where others are in the same boat and you’ll soon make friends (and maybe babysitters) for life. New parents will help each other out, passing around books, sharing great deals they’ve found, and it’s a good way to find other parent’s looking for a cheap day out. Grab the buggy and hit the park with your new besties.
Find your local NCT group
Signup with New Baby Schemes
Sign up with schemes for discount vouchers, freebies and reward points.
The Boots’ Parenting Club will give you 10 points per £1 spent on baby products, which can then be spent in stores, as well as personalised offers, advice, and free gifts at key stages of development. My Mothercare will give you presale access, vouchers to your inbox, and loads of savings on maternity clothing and children’s toys. Keep an eye out for supermarkets hosting ‘big baby events’. You can often find great deals on essentials such as nappies and wipes.
Keep to the Essentials
There will be gifts-a-plenty from friends and family to welcome in your new arrival, and this will often come in the way of toys, baby grows and cute little outfits. Stick to buying a few basic babygrows and extras will be easy enough to buy after baby comes if you need more. Better than ending up with too many in teeny sizes which will be outgrown before they’ve had a chance to be worn!
Nappies come in all sorts of sizes and shapes that fit quite differently, so there’s not much point stocking up before you know what will fit best. When you’ve nailed it, keep an eye out for deals and stock up because you’ll get through lots!
They’re not for everyone, but if you can face it, the reusable nappy option will save you a small fortune, and is much better for the environment too.
Baby clothes are worn for a very short period of time before they’re outgrown, which means nearly-new clothing can often be picked up on Facebook Marketplace, Gumtree, eBay, or from other mums. Brand new prams are super expensive. Find a hand-me-down for major savings. Look out for local groups such as sling libraries which allow you try out items before you commit.
Register the Birth on Time
You don’t need to register your baby’s birth straight away – but you do have to within 42 days. If you miss the deadline, the fine could be £200. It only takes around half an hour, so make sure you find the time to pop down to the local registry office.
Our blog, Making Your Money Go Further has plenty of tips on earning cashback on your purchases (handy for when you’re kitting out the nursery) and top deals on everything from days out, toys and other baby essentials.
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Enjoy a free day out with one of our many ideas for the whole family