No doubt about it, babies can be costly. Quitting your job or taking an extended maternity leave in conjunction with...
No doubt about it, babies can be costly. Quitting your job or taking an extended maternity leave in conjunction with having your baby may seem impossible on top of new baby costs. Here are some ideas about how to plan for staying home with your baby... Oh, and I hope this goes without saying, but planning all of this before your baby arrives is SO much easier than waiting until after.
- Look at your partner's income. For a single mama, your choices are going to be harder, but even if you have a partner, you should still carefully look at whether or not their income will cover necessary costs.
- Factor in the cost of working. Gas, child care, work clothing, lunches out, and more all adds up. In some cases it can actually be more cost effective to stay home with your baby.
- See what you can cut from the budget. The gym memberships, netfilx, take-out, the annual vacation; costs like these can be cut from your budget. If you can cut enough this might be what allows you the flexibility to stay home with your baby.
- Don't overspend on baby items. Get just what you need. Save more on baby costs by planning inexpensive mealtimes, shopping at thrift stores, and much more. Read raise your baby on the cheap for more tips.