Budgeting for Baby while TTC

Because you’re in the stages of TTC, it may seem premature to purchase diapers and other baby supplies. However, that doesn’t mean that you can’t begin saving your money now to help prepare for the costs of having a baby and raising a child. If you get started now, you’ll be in a better position when it comes time to purchase necessities like diapers, clothing, and food. While your baby budget is ultimately a very personal matter that will depend largely on which items you will want or need while caring for your baby, it’s never too soon to begin saving. Even if you choose to purchase just the most basic essentials for your baby, it’s still wise to save up beforehand if you can.

You could open up a savings account now to help prepare for the costs of having a baby. That way, you can stow away some money whenever possible to help offset the costs you’ll face down the road. Also, even if you do encounter some difficulties with conceiving, you’ll have some money in the bank should you choose to pursue alternate options and/or fertility treatments.

The first step in budgeting for your baby’s must-have items is determining what you should consider “essential.” Baby essentials might include: maternity pads, Babygro’s, booties, a blanket, car seat, crib, cloth diapers or disposable diapers. In the UK, the average family spends at least $4,500 on their first baby in just one year, but it’s possible to spend less than $300, if you stick to the absolute bare necessities.1

There are some resources available online that will configure a budget for you to save up for your baby. Or, you can design your own budget by determining costs for one-time purchase items, such as car seats, strollers, diaper bags, items for the nursery, and so forth. Once you’ve established those numbers, you can decide on how much you’re able to put aside each month (or week) to reach that number over a certain period of time. Once you become pregnant, you may want to consider designing a monthly budget for after your baby is born to cover recurring costs, such as diapers, clothing, medical bills, and food.

Find Your Fertile Window - Order Now

  1. Baby Centre Staff. (2014 April). Buying for your baby on a budget. Retrieved November 3, 2015, from http://www.babycentre.co.uk/a559811/buying-for-your-baby-on-a-budget#section1
2017-01-09T07:46:57+00:00 By |Financial Planning for Baby|

Ava for healthcare professionals

Please confirm that you are a healthcare professional or researcher

I am a healthcare professional

I am interested in Ava for personal use

Learn More | ORDER NOW

Jade & Tanner Got Pregnant with Ava!

Thank you everyone for all the support and for sharing your stories since we announced our pregnancy on Wednesday! We are so excited! For those of you who have been following us for a while, you may have seen our past post back in November about using the @avawomen bracelet to help us get pregnant faster. We got pregnant really soon after we started using Ava! I wore the bracelet every night while sleeping and Ava told us which five days were the best days to try for a baby each month. It took so much stress out of the process and was so easy to use. Since so many of you have kindly opened your hearts to me and have shared your stories about trying to get pregnant, I wanted to share what worked for us. Also, I've partnered with Ava to get you all a $20 off coupon code: JANNERBABY I'll be using Ava for all our future pregnancies and cycle tracking between babies. Thank you, Ava.