Budgeting for Baby: 6 Tips for soon-to-be Moms

Zeeva therefore encourages mothers to do their homework to find a suitable yet affordable option like a family member’s help, a nanny or a daycare.

POLOKWANE – All new moms and soon to be moms know that having a baby is not cheap.

Zeeva Debt Review for Women explains that a once-off amount or set-up costs (before your baby is born) can add up to R10 000 to R15 000.

As soon as your little one has arrived, the estimated costs per month can differ between R5 000 and R8 000.

Zeeva Debt Review for Women shares a few things to take into account for your baby’s budget (before your due date and during baby’s first and second year):

  • Equipment and Accessories

There are a few essential items you need to buy before your baby arrives. Like a cot, mattress, changing station or table, bath, curtains and bedding or linen.

Other equipment includes a carry cot, pram, baby bag, a car seat and a high chair for eating purposes. This is considered optional.

Shop around and see if you really have a need for a baby monitor, educational toys for stimulation, a bath thermometer, and or humidifier for example.

Zeeva also encourages soon-to-be Moms to save some bucks by considering second-hand items such as a stroller, changing station and high seat.

  • Clothes

Since children grow very fast, clothing should be part of your monthly budget.

You can save a lot by keeping your eyes open for discounts and end-of-season sales to buy your baby’s outfits in advance. Hand-me-downs are usually a bonus for mom’s pocket.

  • Food and Formula

If you consider breastfeeding, there are a few costs involved like a breast pump, breast pads, a feeding pillow and nipple cream. Total breastfeeding costs can amount from R3 000 to R5 000.

Your baby might also need baby formula and the price usually varies between R600 and R900 a month. When your baby is about six months old and you need to give him or her solid foods, consider steaming vegetables in the steamer instead of buying bottled baby food.

  • Nappies and Toiletries

Your baby’s nappies and toiletries can be quite expensive. It is important that you include it in your baby budget. Your baby will start off with four to 12 nappies a day and later on in the first year use six to eight nappies a day.

Toiletries are always welcome at baby showers and include items like shampoo, oil, wipes, powder, bum cream, body lotion and nappy bags.

  • Medical Aid (including checkups/vaccinations)

Make sure that you get the necessary arrangements in place with your medical aid to include your baby-to-be as a dependent. You can make use of a state or private hospital as well as a birth centre.

A normal birth is cheaper than a caesarean or emergency caesarean birth. Be therefore sure to have an emergency fund tucked away as your medical aid covers most costs but not all costs. Potential costs you need to also consider are medicine costs and professional fees charged by your gynaecologist, anaesthetist, obstetrician and/or paediatrician.

Government health clinics are free of charge when it comes to your baby’s immunisation, but private clinics have expenses involved.

  • Childcare/Daycare

Whether your baby is taken care of at home or at a crèche, moms want their babies to be in a safe, happy, educational and healthy environment.

According to Zeeva’s Smart Women, Smart Money 2017 survey (that was completed by over 3000 women) mothers spend more than 10% of their nett salary on their children.

Zeeva therefore encourages mothers to do their homework to find a suitable yet affordable option like a family member’s help, a nanny or a daycare.

Daycare costs, for example, can differ between R2000 and R4000 depending on the area.

maretha@nmgroup.co.za

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  AUTHOR
Maretha Swanepoel
Journalist

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