Connect with us

Hi, what are you looking for?

Money Management

Cutting The Cost Of Raising A Child

Are you financially ready to have a child? Making sure you have enough money to support any newcomers to your family should always be a priority before conception. Here are some great tips for cutting costs when you’re expecting a newborn.

Use Products You Already Have
Did you know coconut oil can replace baby powder when changing diapers? Or you can use an old sports bra to transform it into a pumping bra for feeding? There are so many materials and items you have lying around the house that can be repurposed into baby materials or toys, so always take a look around before you go buying everything new.

Will / Life Insurance
Not only do you want to save money while expecting, but you should also secure your child’s finances. This means getting a will so that your child has a guardian in any unforeseen events, or getting life insurance to ensure financial stability.

Look for family members that will take care of your child for free rather than paying for expensive many services. Also, make sure to limit your nights out so that you don’t end up paying extra for baby sitting services.

Coupon Clipping
Get used to sifting through papers and looking for savings on baby products, formula, food, and your own grocery. You’re going to need every penny when it comes to your child, so overspending is not an option.

These tips may sound self-explanatory, but they’re key ways you can reduce the cost of raising a child through infancy and start saving for those huge college expenses.

You May Also Like


Peloton, known for their stationary exercise bikes and treadmills, has faced significant financial challenges over the past year. The company experienced a surge in...


Amid the ongoing global supply chain challenges, many retailers in the United States are grappling with surplus seasonal stock, leading to increased storage costs...


With the continuous increase in gas prices, a decrease in consumer confidence, and the ongoing conflict in Ukraine, the European economy faces significant challenges....


As the demand for electric vehicles grows and the push for environmental sustainability increases, automakers are gearing up to focus more on the development...


Today, Brian Armstrong, the CEO of Coinbase, conveyed to his team through a company-wide email that due to declining stock and crypto values and...


Recently, Peiter “Mudge” Zatko, a former cybersecurity specialist at Twitter, published a whistleblowing document on the platform. Zatko highlighted several security issues with Twitter,...


Zelle is a popular peer-to-peer payment service that allows individuals to send and receive money, similar to apps like Venmo. It is widely used,...


Recently, after Chinese President Xi Jinping secured a third term, there was a sharp decline in the stock market in Hong Kong. Investors became...