It’s exciting being a mom, isn’t it? But the experience is also challenging when it comes to handling the expenses. A new person in the family brings tons of joy. And more often than not, this joy tends to outweigh the other practical stress. But these top 5 useful tips for the money saving mom do a lot more than you can imagine.
5 Useful Tips for the Money Saving Mom
Here’s everything you need to know about how moms can save money.
#1 Accept Passed Down/Used Clothing and Items
One of the most effective money saving tips for stay at home moms is graciously accepting secondhand products. This benefits both the giver and taker, isn’t it?
It’s only common to find moms pass on their baby stuff to other new moms. That’s how deeply connected the community is. And when you have the opportunity to receive free baby items, why wouldn’t you want to grab it with both hands!
You can always buy a few special pieces of clothing. But the basics can easily be hand-me-downs. So don’t hesitate to casually mention it to your friends, family members, or even those friendly neighbors.
The thing about baby clothes is that they are hardly used for a long time. Babies tend to outgrow them sooner than you can imagine. So the chances of someone with kids giving you an entire stash of used baby stuff are quite enormous.
#2 Purchase in Bulk
Not only baby things but other stuff too that you know you’re going to use more frequently costs cheaper in bulk. The latter includes post-childbirth stuff like postpartum underwear for the heavy bleeding after delivery. And everyday household items such as laundry detergent. Cause your baby is going to make a mess all the time.
As for baby stuff, there are things like formula, wipes, and diapers. Buy them all in bulk. This might not seem like such a money-saving idea at the moment. But it ends up saving a lot of your dollars in the long run.
#3 Think Ahead
Repurposing/reusing should always be a part of your every buying decision. Especially if the item is an expensive one! You might decide to have another child. So he/she can use the same clothes, crib, toys, and whatnot.
In that case, select designs that are gender neutral. But that doesn’t mean you cannot repurpose that pink crib if your second child is a boy. However, the product yields more use if it’s gender neutral. So stick to colors such as yellow, red, aqua, white, or grey.
Another point to keep in mind is to buy convertible baby products. Things that you know will grow with the newborn. Good examples include car seats, strollers, cribs for your baby and the best purses for moms. The initial cost does seem a bit high. But again, these types of designs are for the long haul.
#4 Incorporate Meal Planning
Managing the food budget is one of the best money saving tips for moms. Plan your daily meals with the help of the internet. What I mean to say is that there are plenty of budget-friendly, easy recipes the web has to offer. So the shopping list and budget don’t drill a hole in your wallet. Unlike impulse buys and junk food!
Also, keep in mind that meal planning ensures that you only buy what you require. It encourages you to stick to the prepared shopping checklist. So check the pantry before heading to the supermarket.
#5 Buy During Sale and Shop Coupons
Working the sales is a skill every money saving mom should acquire. When looking for a particularly expensive item, find out if it’s going to be available during any sale offers. And when! You can talk to the store executive or manager about it.
Signing up for mail alerts is something that kept me in the loop. This way you come to know when and which products are being marked down. And that reminds me to tell you something very important. Just because an item is on sale doesn’t mean you have to buy it. Purchase discounted baby, household, food, and personal stuff only if they’re necessary. Otherwise, you think you’re saving money. But actually, you’re not.
When you become a part of the store’s loyalty club, you’re notified about exclusive rewards, deals, and coupons. Even the internet is a great place to get access to such discounted offers.
I would also like to add that generic products help you save money as well. So don’t think twice before grabbing that package with the private label. Along with the cheaper price tag!
You Can Start Saving Right Away!
These are the 5 useful tips for the money saving mom. Have you ever incorporated anyone into your daily mom life? If not, then maybe it’s time to begin now.
And if you have any more to contribute, please do so.
I’m sure one way or another, you’ll be able to achieve your money saving goals. It might not be easy, but it’s not impossible either.
About the author:
Jennifer Kessler created She Loves Best to focus on all important aspects of women, pregnancy, and motherhood. Her platform is entirely dedicated to reviewing baby, women care products. Along with plenty of useful information to tackle the most practical everyday issues in life! So everything she writes about sounds familiar to anyone who has undergone pregnancy and childbirth.
Sources:
- https://moneysavingmom.com/2018/05/5-easy-ways-save-money-new-mom.html
- https://www.nationaldebtrelief.com/tips-money-saving-mom/
- https://www.parenting.com/gallery/moms-money-saving-tips
