Getting Pregnant
<p><b>Saving tips before you get pregnant</b></p>
<p>Are you planning on having a child soon? Can your finances handle a little one?</p>
<p><br />While there’s so much to consider with a new addition to the family, discussing finances should be top of your list with your partner.</p>
<p><br />The best financial planning for having a baby should include a cash flow that can handle additional expenses without leaving you in debt. Starting a baby budget way before your little one arrives can help you plan accordingly.</p>
<p><br />Amongst other factors that you need to consider, is deciding where you want to deliver your baby, whether in a government hospital, birthing centre, or private hospital.</p>
<p><br /><b>Work out a family budget</b><br />Go over recent bank statements and work out how much money is coming in and going out. Identify your essential costs like bond/rent payments, food, utilities, and baby essentials. Look for gaps where you could cut back on the budget.</p>
<p><br /><b>Boost your savings</b><br />By saving some money, you'll have some help towards future big purchases or a buffer during maternity leave. Make sure you use a savings account that gives you the best interest and flexibility.</p>
<p><br /><b>Stick to the essentials</b><br />Resist all temptation of clearing out the whole baby department in stores. Jot down a list of essential products your baby will need on a month-to-month basis. Do your research to avoid overspending and panic buying.</p>
<p><br /><b>Save on nappies and toiletries</b><br />There are a few ways to save when buying nappies and toiletries. Often, non-brand items are usually cheaper with little difference to branded ones. Not everything has to be branded, you can comprise on a few products, especially the ones that run out quickly, like baby wipes.</p>
<p><br /><b>Bank on discounts</b><br />Join clubs for discounts and before buying something in a shop or online, do a quick search for in-store offers or voucher codes.</p>
<p><br /><b>Ignore branded items</b><br />You may find that certain products like skincare are specifically marketed to pregnant women only, but that doesn’t mean standardised or alternative versions won’t do the job. However, be mindful and always consult your doctor when in doubt.</p>
<p><br /><b>Buy secondhand or borrow</b><br />Some baby products don’t wear out very quickly and aren't used for long, like drawers, cots, and walking rings etc. Check in with family and friends, secondhand stores or the Internet for bargains.</p>
<p><br /><b>Be open to your loved ones</b><br />Family and friends will be more than willing to gift your newborn, don’t be shy to let them know what would be useful for your baby.</p>
<p><br /><b>Good to know</b><br />Ensure you’re well prepared to bring your little one into the world by making sure most essentials are in place. Shop around and look for discounts! Some items don’t have to cost a fortune.</p>
