How to Manage Baby Expenses when Money is Tight and Baby is on the Way

When money is tight, it is important to know how to manage baby expenses, when you have a baby on the way. As you probably know, having a baby can be expensive and needs proper planning. There is no cheap way to have and raise a baby because, in addition to the money, it takes sweat, work, patience, prayers, and more to have a happy, healthy baby.

how to manage baby expensesThe reality is that if you waited until you had enough money, time, and energy to have your baby, you would probably end up without any children. Below are a few ways to ease the finances, so that you can enjoy your new bundle of joy. Particularly, if you are having a baby when money is tight or during a recession there are things you want to consider.

Here are tips on how to manage your baby expenses:

Get health assistance

When money is tight, having good health insurance can certainly take the burden off doctor visits which can add up easily. In addition to signing up for health insurance, you should also lookout for the best health care around that offers assistance. This baby expense will probably be one of your biggest, so don’t be afraid to ask for assistance if your family needs it.

Breastfeed your baby

If possible. Breast milk is free, it is convenient, and it might help against breast cancer. It’s recommended as being the best form of nutrition for a baby. However, If you can’t breastfeed for whatever reason, don’t feel guilty. You can save money by buying in bulk and accepting free samples whenever they are offered. This is a baby expense you can’t do without.

how to manage baby expenses

Read Also [How to Wean your Baby]


Some diapers are better than others, but most are basically the same, so look out for good deals and prices. You can save even more if you use cloth diapers instead of disposable ones. As with breastfeeding, it’s a little more work involved, but well worth it.

Diaper Rash Prevention

Instead of taking action after your baby got a diaper rash, prevent it with a drop of olive oil or shea butter applied to their bottom every time you change their diaper: it works wonders. However, be sure to check with your doctor first, as it is a good idea to check with your doctor when you want to introduce something new.

Baby food

When it comes to baby food, a blender is your best friend: it will help you keep this baby’s expense at its lowest. Not only is it much cheaper, but it’s so much healthier!

Save the baby food jars for quick trips, or special occasions, and give your baby pureed food made by you. You can cook a week’s supply on the weekend; put the blended vegetables in the ice cube tray and place them in the freezer for a few hours, and then place them in a freezer bag. Depending on your baby’s appetite and age, you can warm one, two, or three cubes before mealtime. It’s quick, healthy, and inexpensive.


There is no need to buy expensive designer clothing for your little one. Do you think anyone will notice that your baby is wearing a designer? Babies look cute in anything: don’t waste your money! Look for comfortable clothing that will last, especially when money is tight this is not the time to waste money on clothes that your baby will outgrow in a few months.


They are big business, but you don’t have to feel pressured to get the latest and most expensive models.

Most children are happy with everyday items as their toys; empty shampoo bottles (make sure they are cleaned and rinsed very well before handing them to your baby), wooden spoons, etc. When it comes to toys, buy toys that will help with your baby's development, that are durable, and are age-appropriate. Click To Tweet

how to manage baby expenses

Trust and Financial Planning

Another tip in learning how to manage baby expenses is to set up a plan for the future. Get in touch with a financial advisor and start investing now. [Read: Education planning from birth to graduation]

You should also set up a will or update your old will. Name a guardian for your child and the trustee of your child’s inheritance (often but not always the same person). Without a will, the court will name these individuals and also split up your assets following state law which may not be the way you would wish. Please don’t try to avoid this baby expense: your child’s future might depend on it. A simple will that includes a trust for minor children does not cost as much as you think.

Get your Newborn Baby Shopping List here and how to create a family Budget 

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