Forum Rules


Reply
 
LinkBack Thread Tools Search this Thread
Old Mar 15th, 2011, 18:50 PM   1
EngineerGirl
Pregnant (Expecting)
Active BnB Member
 
Join Date: Mar 2011
Posts: 691

Budgeting for Hoped-For Baby


Are any of you budgeting for the baby you're hoping to TTC soon? I keep semi-trying to figure out how much we'll need for baby supplies and then from month-to-month, but it's so confusing! The rough estimates always seem to assume things I don't think we'll need but I don't want to under-budget. How do you do it?



Status: Offline
 
Old Mar 16th, 2011, 07:52 AM   2
ShelbyLynn
Waiting To Try (WTT)
Active BnB Member
 
 
Join Date: Jun 2010
Location: Pittsburgh, PA, USA
Posts: 107
I'm trying to figure out a goal of how much money we'll need to have set aside before we even TTC. What I did was went to all of the online baby sites, found the items I liked, and wrote down the price. Now, obviously in nine months when we start TTC, who knows if those items will be on the market! But having a goal price for each item is nice.

After making a list (nursery furniture: 300, feeding supplies: 100, bedding: 200) I added everything up. I also added the cost of the birth to this list, though thankfully the price is low because insurance will cover most of it. I personally ended up with a total price of $1800 for all of the baby gear I wanted. Now, I know what I would be given by family with most things. I took these things out of the list and was left with $1000!

My SIL has a three year old little girl. She has NEVER thrown out a piece of her daughter's clothing. She offered us all of the clothes for our new baby as she can't have anymore children.

(Obviously, if we have a boy, this is an issue, but we've mainly got girls on both sides of the family! I'm crossing my fingers.)

I'm sorry this ended up so long! I guess my short way of saying it would be to add up the cost of everything you need - not want, but need. Then, figure in what you'll be given from family/friends/etc. That number is the goal we've set for before we start TTC. Once we start TTC and once we're pregnant, we'll continue to set aside as much money as possible.



 
Status: Offline
 
Old Mar 16th, 2011, 08:33 AM   3
immimx
 
Posts: n/a
yeah i have a basic list with an estimate for most things. although i no friends and family might buy stuff. im in the uk and i have allowed for second hand stuff especially where its expensive and my cost is about 700. this only leads up to birth/ few weeks after.
so i know there will then be extra costs like high chairs and toys ect. but my goal of what i want saved BEFORE ttc is 700. then while ttc and while pregnant i can work to save a bit extra for the things i wont need right away
x



 
Old Mar 16th, 2011, 09:13 AM   4
pennies
Pregnant (Expecting)
Active BnB Member
 
Join Date: Feb 2011
Location: Scotland
Posts: 688
Where are you from? Cost will vary by country...

I'm trying to figure this out before TTC too, although one major factor I am choosing to include is the loss of earnings while on maternity leave, we could probably manage on OH's wage but I would prefer to have money set aside so that we don't notice much of a difference when the time comes...



 
Status: Offline
 
Old Mar 16th, 2011, 10:40 AM   5
MackMomma8
Pregnant (Expecting)
BnB Addict
 
 
Join Date: Mar 2011
Location: Missouri
Posts: 5,968
This is something I've been thinking about doing, since one of my OH's main reasons why he says we can't have a baby yet is "they're so expensive!" Can someone post a list they've made of what "necessities" are for a new baby? I think that would help me get started!



Status: Offline
 
Old Mar 16th, 2011, 12:24 PM   6
fairy1984
Mum (Mom)
Chat Happy BnB Member
 
 
Join Date: Oct 2008
Location: UK
Posts: 1,675
i'd say that the cost of bits for a baby can be an cheap or expensive as you make it depending on if you're happy with second hand, budget range or luxury range.

the biggy to consider is a) maternity pay and how to survive on it and b) how to afford childcare costs if you're going back to work. this is a huge cost so look at rates of local nurseries (usually have to call) and childminders




 
Status: Offline
 
Old Mar 16th, 2011, 12:27 PM   7
odd_socks
Waiting To Try (WTT)
BnB Elite
 
Join Date: Jun 2010
Posts: 10,611
i asked the same thing afew months "click me" was a list of essentials u may need, and costs, as said it depends where u are in the world x



 
Status: Offline
 
Old Mar 16th, 2011, 12:54 PM   8
ShelbyLynn
Waiting To Try (WTT)
Active BnB Member
 
 
Join Date: Jun 2010
Location: Pittsburgh, PA, USA
Posts: 107
Quote:
Originally Posted by MackMomma8 View Post
This is something I've been thinking about doing, since one of my OH's main reasons why he says we can't have a baby yet is "they're so expensive!" Can someone post a list they've made of what "necessities" are for a new baby? I think that would help me get started!
My list is a bit different than other, because I do have family that will be giving me so much. But, this is what I have:

Crib
Mattress
Changing Table
Bedding Set
Blankets
Play yard (to take the place of a moses basket/bassinet while the baby is young)
Breast pump
BF pillow
Pacifiers
Bottles
Diapers
Wipes
Other diapering supplies (diaper cream, powder, changing mat, etc.)
Travel set (cat seat/stroller combo for us)
Clothing (bodysuits, pants, leggings, socks, mittens, hats, bibs, etc.)
Bath supplies (baby bath, thermometer, soap/shampoo, wash clothes, towels, lotion, etc.)
High chair (we're getting one that attaches to a regular chair to save space and money; the one we're looking at also reclines/sits up so that it can be used newborn-toddler)
Swing
Bounce seat
Door jumper

I know I'm forgetting things! Lots of people like slings/carriers, which I will probably end up getting. Also: BF bras, breast pads, etc.



 
Status: Offline
 
Old Mar 16th, 2011, 13:12 PM   9
MackMomma8
Pregnant (Expecting)
BnB Addict
 
 
Join Date: Mar 2011
Location: Missouri
Posts: 5,968
Quote:
Originally Posted by ShelbyLynn View Post
Quote:
Originally Posted by MackMomma8 View Post
This is something I've been thinking about doing, since one of my OH's main reasons why he says we can't have a baby yet is "they're so expensive!" Can someone post a list they've made of what "necessities" are for a new baby? I think that would help me get started!
My list is a bit different than other, because I do have family that will be giving me so much. But, this is what I have:

Crib
Mattress
Changing Table
Bedding Set
Blankets
Play yard (to take the place of a moses basket/bassinet while the baby is young)
Breast pump
BF pillow
Pacifiers
Bottles
Diapers
Wipes
Other diapering supplies (diaper cream, powder, changing mat, etc.)
Travel set (cat seat/stroller combo for us)
Clothing (bodysuits, pants, leggings, socks, mittens, hats, bibs, etc.)
Bath supplies (baby bath, thermometer, soap/shampoo, wash clothes, towels, lotion, etc.)
High chair (we're getting one that attaches to a regular chair to save space and money; the one we're looking at also reclines/sits up so that it can be used newborn-toddler)
Swing
Bounce seat
Door jumper

I know I'm forgetting things! Lots of people like slings/carriers, which I will probably end up getting. Also: BF bras, breast pads, etc.
That's an awesome list, thank you. I'm thinking things like a high chair and door jumper can be later on, tho. I mean, a newborn doesn't need a high chair, right? I want to make a list of everything we would need for the first month so that my OH can see that it's not an astronomical amount of $$$.



Status: Offline
 
Old Mar 16th, 2011, 13:39 PM   10
ShelbyLynn
Waiting To Try (WTT)
Active BnB Member
 
 
Join Date: Jun 2010
Location: Pittsburgh, PA, USA
Posts: 107
Oh, high chair and jumper can definitely wait! I just like having it on the list so the family knows what to get me



 
Status: Offline
 
Reply



Bookmarks

Tags
baby , budgeting , hopedfor

Thread Tools Search this Thread
Search this Thread:

Advanced Search



SEO by vBSEO