Congrats on paying off your CC debt. I'm not sure if people are ever "ready" or can honestly say it is a good time "to afford" to becoming parents.
We had a baby this year. Parenthood is a great adventure!
We spent about $2000.00 out of pocket on our baby before he was born. This doesn’t include the deductibles for insurance (about $2600). However, we also had 3 baby showers so we didn’t have to buy as many things as some people have to. And a lot of the items we were given we didn’t even use… Don’t forget your child will likely have to pay a deductable along with Mommy. And don’t bother buying clothes until after your last baby shower unless they are 50% plus marked down. People will give you plenty of those.I. A couple of preliminary questions to think about:
A) What other debts do you have?
B) Is your family on a budget?
C) Fully funded E-fund of 2K? That is how many months worth of expenses? I would imagine 3-6 months of expenses would be a good place to be at to be considered “fully funded”
D) Do you plan on using a mid-wife or a doctor/hospital?
E) How many baby showers do you think you’d have?
F) Is your family planning on contributing major items (Crib, Car Seat, Mattress, etc.) or will you have to pay for that yourself?
G) Will you be decorating a room? If so you will need paint, decorations, etc.II. Here’s the basic list we made for our baby. We didn’t actually get all these things but it is a good starting point. Especially the items that are bold.1. Furniture
A) Crib or bassinet
C) Mattress pad (2) – to avoid leaks
D) Crib bedding set
E) Fitted sheets (2 to 4) – You will want to wash these2. Baby
A) Baby CDs with classical, lullaby, or fun music – Our son particularly enjoys Kenny G. Lol!
B) Receiving blankets (4 to 6) – This is what the baby will be in the first few weeks of his/her life.
C) Absorbent bibs (4 to – These are a life saver! I would say 10 actually would still not be enough
D) Booties or socks (3 to 6 pair)
E) Shirts and one-pieces (6 to
F) Bouncer seat or Swing – Some people have one or the other. We were given both.
G) Stroller – Our child is a couple of months old now and we still haven’t used this.
H) Rear-facing car seat – Can’t leave the hospital without one. This is where we carry the little one.
I) (If needed) Car seat base for 2nd car
J) (If needed) Sling or soft carrier – We found that we don’t particularly like these. Some people do.
K) Diapers – If buying disposable diapers Amazon Mom allows you to buy diapers at a 20% discount. For boys Pampers; for girls Huggies.
L) (If needed) If cloth diapers, plastic pants and/or Velcro® covers (6 to 12)
M) Diaper bag – We registered for 1 and got 4. The more the merrier. Keep an extra with diapers/wipes in the car.
N) Diaper and accessory organizers
O) Rash ointment and powder
P) Wipes (at least 2 packs at all times; don’t want to run out of these) – We prefer to buy in bulk.
Q) Washcloths (6 to
R) Gentle shampoo or body wash
S) Bathtub or contoured sponge
T) Hooded towels (2 to 4)
U) Baby Monitor – We live in an apartment so we really haven’t used the one we got.3. Just for Mom
A) Prenatal vitamins – One a Day is what my wife took.
B) Maternity wear (pants, comfortable shoes, etc.) – for 1st, 2nd, 3rd trimesters, as well as post-delivery; wifey borrowed a lot of these as wow maternity clothes are so expensive!
C) Sleep pillow – Guys don’t generally like these but the ladies seem to love it. Very comfy to sleep in at night I hear.
D) Parenting magazine – helpful, my wife read these. I just went with the flow)
E) Nursing bra – Cup sizes increase during pregnancy and especially if nursing.
G) Breastpads, shields, and cream
H) Lap pads (4 to 6) and burp cloths (3 to 4)
If Using Formula: (Keep in mind that not all women can nurse)
For Both Nursing or Formula
J) Nursing pillow and/or nursing stool
K) Bottles (6 to 8 of various sizes) and nipples
Bottom line Bichon Frise’s comment is true – it can cost as little or as much as you like.
I agree with Bichon saving for children’s future is important as well.