New Parents: Penny Pinching



Looking for ways to cut costs in this tough economy? It might be easier than you think.
Think about this: The U.S. government estimates that it will cost $269,520 to raise a kid born in 2004 to adulthood. But does that mean that's what it has to cost you? Maybe a whole lot of people are wasting a whole lot of money. A recent article on TheMotleyFool.com has some tips on getting the most for your buck and having some money to squirrel away. Some of our favorite tips for new parents are these:

Don't go hog wild on decorating a nursery. (Do you really need a diaper stacker?)
Buy your child's necessities in stages, not all at once.
Know when to NOT skimp.
Be sure to comparison-shop.
Make your own baby food.

You can read the whole article HERE.

1 comments:

Julie@Cool Mom Guide said...

I love this. When I had my second son and decided to use the same nursery items I used for my first I got some looks. I figure he's not going to care or remember and I'm saving money I can use on better things, like gas :)

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