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  • pretzelnut
    • #2
    • 3rd Jul 09, 4:14 PM
    • #2
    • 3rd Jul 09, 4:14 PM
    Babies cost as much or as little as you like to spend.

    Ok you have the essentials, like pram, car seat, nappies, wipes etc, but there is so much stuff out there that you are lead to believe you need but you dont really.

    We have bought a lot on ebay and had a lot of stuff given to us. The biggest expense is the drop in income for 9 months whilst im on maternity leave but we budgetted early and are already living on 1 wage before my maternity starts that way its not a shock to have less money and an extra mouth all atthe same time.
    Is thankful to those who have shared their
    fortune with those less fortunate
    than themselves - you know who you are!
  • snugglepants
    • #3
    • 3rd Jul 09, 4:27 PM
    • #3
    • 3rd Jul 09, 4:27 PM
    I agree, a baby/child costs as much as you are willing to spend.

    In my personal opinion, the first year is the cheapest. The main expense is nappies, if you're breastfeeding. And clothes....well, I'm a firm believer in hand-me-downs for the first few moths at least - they sick and poo on everything so you don't need anything fancy! Even if you can't get hand-me-downs, cheap babygros are all you need in the 1st few months (and vests) clothing-wise.

    As the poster before said as well, there is so much you're lead to believe you need when really you don't. Like baby toys....they like to chew things and like bright colours. Thats it. You can stimulate their minds with things around you, instead of gimmicky things that most of the time are useless!

    Making your own baby food is fun, easy and inexpensive. Plus much better for baby

    As has been said, it's just preparing yourself to live on the income you will have when you do have a baby. And a brilliant way to do this is to simply work out what you will have as income then, and put into savings the difference right now, to see how you "survive"

    In my personal experience, it's when they start school that all the expenses start...........:rolleyes:
  • barnaby-bear
    • #4
    • 3rd Jul 09, 4:28 PM
    • #4
    • 3rd Jul 09, 4:28 PM
    Babies cost as much or as little as you like to spend.

    Ok you have the essentials, like pram, car seat, nappies, wipes etc, but there is so much stuff out there that you are lead to believe you need but you dont really.

    We have bought a lot on ebay and had a lot of stuff given to us. The biggest expense is the drop in income for 9 months whilst im on maternity leave but we budgetted early and are already living on 1 wage before my maternity starts that way its not a shock to have less money and an extra mouth all atthe same time.
    Originally posted by princesswoo
    It's not the buying the stuff for them, that's minor consideration.
    It's the cost of:
    - housing/rent, access to affordable mortgage/rent/housing benefit
    - the loss of one salary
    - the cost of childcare if both parents continue to work

    The additional cost of things can be minimal - it's the fact that someone has to earn enough to pay your current living costs and cover the cost of someone (childcare or stay-at-home loss of salary) looking after the kid....

    You'll get lots of advice on puree-ing carrots and washing nappies to save the odd fiver but if you have a hefty mortgage/rent and no family offering free chilcdcare it's probably not the biggest concern....
  • rocketdog
    • #5
    • 3rd Jul 09, 7:51 PM
    • #5
    • 3rd Jul 09, 7:51 PM
    Lots! When people say "they only need love" - ignore them, it's utter rubbish!!

    Start saving now and you'll be ok.
  • sparkle03
    • #6
    • 3rd Jul 09, 8:00 PM
    • #6
    • 3rd Jul 09, 8:00 PM
    This has probably been said already but to put it quite simply, babies do cost you money, but at the end of the day its upto you how much they actually cost.
    In your heart of hearts you must have an idea if you have the spare cash for a baby?
    Equipment can be easily gotten hold of for free or cheaply from second hand sources, for example I have a 10 week old and I bought her crib for upstairs from ebay brand new in the box for 5.00 - bargain! But then I went and spent over 100 on the moses basket for downstairs! A fancy pram isnt needed but if you want one like I did then you have to save for it!

    Once you have all the initial stuff you have to remember they are growing fast and will need nappies and milk (if not breast feeding!)

    Its hard to understand but it really is true about them costing as much as you let them!

    Good Luck if you take the plunge!
    x

    Ps I also have a six year old and he costs a fortune! School trips, pocket money, clothes, trainers, uniform and days out and treats! But I spend on him how I can if I didnt have the cash for the things I buy him I would just downgrade iyswim?...........

    ''I'm selfish, impatient and a little insecure. I make mistakes, I am out of control and at times hard to handle. But if you can't handle me at my worst, then you sure as hell don't deserve me at my best."
    Marilyn Monroe
  • sparkle03
    • #7
    • 3rd Jul 09, 8:04 PM
    • #7
    • 3rd Jul 09, 8:04 PM
    It's not the buying the stuff for them, that's minor consideration.
    It's the cost of:
    - housing/rent, access to affordable mortgage/rent/housing benefit
    - the loss of one salary
    - the cost of childcare if both parents continue to work

    The additional cost of things can be minimal - it's the fact that someone has to earn enough to pay your current living costs and cover the cost of someone (childcare or stay-at-home loss of salary) looking after the kid....

    You'll get lots of advice on puree-ing carrots and washing nappies to save the odd fiver but if you have a hefty mortgage/rent and no family offering free chilcdcare it's probably not the biggest concern....
    Originally posted by barnaby-bear
    I can see where your coming from but I think we are answering assuming that this is all already sorted! (on the housing front anyway) It would be utter madness to consider trying for a baby if this wasnt the case! And with regards to work I can again see where your coming from but thats a whole other subject!

    ''I'm selfish, impatient and a little insecure. I make mistakes, I am out of control and at times hard to handle. But if you can't handle me at my worst, then you sure as hell don't deserve me at my best."
    Marilyn Monroe
  • fernliebee
    • #8
    • 3rd Jul 09, 8:21 PM
    • #8
    • 3rd Jul 09, 8:21 PM
    How long is a piece of string?

    There have been a few recent threads on here about the cost of babies, have a little search as I remember there being some great advice on these!

    As far as I am concerned my DD doesn't cost us much at all. We 'toned down' our lifestyle in preparation for trying for a baby and so spend much less now than we did BB (Before baby) She is 1 ATM, so we think of it as they get more expensive the older they get. Up until they go to school it is your call on how much to spend on what but like previous posters say once they are in school there are things they need like uniform, school trips etc.

    IMO you will never be 'ready' for a baby but if you want it enough you will make any situation work.
  • ragz
    • #9
    • 3rd Jul 09, 8:49 PM
    • #9
    • 3rd Jul 09, 8:49 PM
    I think it depends on how much you earn. If you earn more as you are both earning you'll obviosly find the drop in income difficult. Also people used to spending a lot will spend a lot on a baby. Ours barely cost us anything, in fact we seem to be better off the more we have!
    For a family already on a low income like us, you will receive tax credits as well as the child benefit everyone gets and I find that's plenty enough to raise a kid on. Maternity grants pay for equipment (and at 500 a time, buying second hand or being given stuff means a profit!), which you only need the first time.

    Anyway, whatever your situation I really don't believe cost should be an issue when it comes to deciding to have a baby. If you can't handle a drop in income and don't want to get used to spending less on yourselves then you probaby aren't ready to have a baby. Parenting is about sacrifice.
    Ragz is busy studying
    Progress is easier to acheive than perfection.
  • skintchick
    THere is a similar thread on this subject you might like to look at, but what I said on there was that we have bought most of our stuff new, from high-end brands (Silver Cross, for example, for our travel system) and have spent around 1300 on everything including washable nappies (way cheaper than disposables overall), the cot, the travel system, a sling, toiletries, and general other stuff including some non-essentials.

    If you breastfeed there is little extra cost there except food for you, then there's the cost of things like baby massage classes and stuff you might want to go to.

    I think they get expensive as they get older, TBH. Small babies don;t appear to need a great deal.
    DFW Nerd Club member 023...DFD 9.2.2007
    married 21 6 08 Angel babies' birth dates 3.10.08 * 4.3.11 * 11.11.11 * 17.3.12 * 2.7.12 My live baby's birth date 22 7 09 I'm due another baby at the end of July 2014!
  • galvanizersbaby
    I can see where your coming from but I think we are answering assuming that this is all already sorted! (on the housing front anyway) It would be utter madness to consider trying for a baby if this wasnt the case! And with regards to work I can again see where your coming from but thats a whole other subject!
    Originally posted by sparkle03
    I think the loss of one parents wage is often one of the main costs for many associated with having a baby if both parties are working in the first place of course.
  • starbump
    Assuming you can manage on one income, then you can afford the bills easily. Child Benefit is universal (not means tested) and covers the basics e.g. nappies, toiletries. The rest will probably come from the things you'll naturally give up e.g. magazine/tv subs (no time), drinking/smoking (not safe around small babies), going out (no time).

    My money saving tips are: avoid buying anything until you really need it (saves stocking up on expensive gadgets you never use) and try to breastfeed and co-sleep for at least 6 months (so if mom has to go back to work at least you've saved on not buying a moses basket and 6 months of infant formula milk).
  • SmlSave
    Thank you everyone for your replies

    They've given me lots to think about

    I guess its losing one wage/childcare costs that worries me most and I thought if I had a rough idea on how much new baby stuff costs I could start a saving pot now.

    We only know two couples with young children and they seem to have soo much stuff!

    I'm definitely happy with buying second hand, breast feeding etc and am hoping that the grandparents will be happy with babysitting

    When we make the final decision....duh duh DUH.....I'm going to convince OH that we start living as we would on one wage straight away so we get used to it.

    I understand that having a baby means giving up stuff (like lie-ins ) but I'd like to be as prepared as we can be as to give her/him the best we can.

    I'm going to get the wedding out of the way and then start saving as hard as I can. Minimum aim will be 1000 whihc would roughly be 150 a month from August ( serious baby chat schedule for February) Feel free to call me crazy I organise everything far in advance and then research it to death!

    Please keep posting people, I'm learning a lot
    Boy Smllet born 23/06/2011 and Girl Smllet born 01/03/2014

    5 year challenge to pay off 20,000/1401.69
    350 per month challenge
  • starbump
    If you both work, then it is really just the loss of income and childcare expenses that you need to worry about. If you're going to research anything then I'd focus on whether it is financially possible to stay at home/take a career break (and for how long) and how much childcare would cost (if family are unable to do so for free).

    The reason why it is hard to give a ballpark figure on baby expenses is it really depends on whether you buy the least or the most expensive options e.g. you could get a Maclaren stroller for around 100, a Quinny for around 500 or a traditional Silvercross for around 1,000. You just have to shop within your personal budget.
  • homeaway
    I agree that you can buy so much stuff that you dont really need. You can buy a nice second pram that will have been used very little as they are combersome and people quickly change to a buggy if they dont walk a lot. I would always buy a new buggy if you want one as you will get a lot of use out of it. I would never buy a second hand car seat unless i knew the person as you have to be sure that it has never been in an accident. You will be given loads of clothes.... The general advice is to buy a new mattress with every child but a second hand cot is fine.
    If you discount the loss of your wage the cost of a baby is very small but be warned they cost you a lot more when they are teenagers
    We have three children and i can honestly say that although it was tight at times we managed. They are now teenagers and i am back working. Good luck
  • The_Banker
    Mines just asked me for a lend of 500 so work it out for yourself how much they cost you.
  • diable
    Mines just asked me for a lend of 500 so work it out for yourself how much they cost you.
    Originally posted by The_Banker
    You are lucky that's cheap lol but back to the the OP's question,

    How Much Does Having a Baby Cost?

    Priceless, it costs you nothing, especially in what you get in return, if you have to think about it or justify it then you are not ready.
  • tiamai_d
    Baby equipment will cost about 500 if you get second hand/essentials/bargain spotting.

    The advise I will give though is only have a baby if you can afford to live off one wage for the rest of your life. DS2 is disabled, something we could never have predicted and since he was just over a year old and it became apparent that he needed me at home, I have been an at home carer to him relying on my husbands wage. We do get DLA and CA but it's nearly as much as I was making at work. Luckily we can manage on one wage.

    I'm now pregnant with baby number 3 and from discovering car boot sales, ebay etc we have spent under 500 and all we have to get is the car seat (50-80 but we have 30 in argos vouchers from surveys) and the cot (coming from a friend so it's just a new matress really), she also has a number of designer dresses (ebay baragins, if folk want to be mental and spend 50 on a dress then sell it to me for 99p fair game! Paid for by more survey money.). Tesco/asda/matalan sleepsuits are every bit if not better than mothercare and for the first few weeks their outfits are usually a sleepsuit, vest and cardi (ebay or your friendly neighbour).

    Zombie Attack
    It's real.
  • viktory
    Simple answer - babies can be relatively cheap. However, having a child is very, very expensive - and you'll be paying out for far longer than you would a mortgage.
  • SmlSave
    If you discount the loss of your wage the cost of a baby is very small but be warned they cost you a lot more when they are teenagers
    Gosh, I can imagine!
    Boy Smllet born 23/06/2011 and Girl Smllet born 01/03/2014

    5 year challenge to pay off 20,000/1401.69
    350 per month challenge
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