Overview:
Everyone who has ever had children will tell you that they are a financial burden. According to a report that was released by the US NHTSA in February 2023, parents in the United States can anticipate spending more than $12,000 on the first year of their child’s life alone.
If I don’t need something right away, I will almost always search for a used version of it because I am the type of person who is constantly considering ways in which they can reduce their waste. That is a way of thinking that I put into practice when it came to making decisions for my daughter as well.
Since she was born, I’ve been able to purchase a wide variety of things that were previously owned. These include necessities such as clothes and stroller accessories as well as toys such as hand puppets and a play kitchen. Because of this, my family has been able to save one thousand dollars over the period of three years.
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Even a modest amount of money placed away in a savings account that can grow over time, such as a 529 plan or another type of investment account, can assist you in meeting your child’s future financial obligations.
The following are the four techniques that have assisted me in purchasing used items and saving money:
Make Contact With Members Of Your Neighborhood:
Utilizing your community on various social media platforms is one of the best pieces of advice I can give you when you are searching for great-used items. I was able to find everything from infant pajamas and cloth diapers to a toddler craft table by searching for it in various active Facebook groups in my region that are dedicated to the buying and selling of items related to children.
Even if your region does not have groups similar to these, I have had success using Facebook Marketplace, Craigslist, OfferUp, and other online communities. In addition, I have participated in Buy Nothing groups on Facebook. A Facebook vendor had seven pairs of pajamas for sale, and I purchased all of them for just ten dollars before the birth of my daughter.
You can find some great items at thrift stores or retail shops that cater specifically to children, but I’ve found that it’s always worth it to ask your friends or post on social media if you are looking for particular items because you never know who has something amazing stashed away in a box in their basement. You can find some great items at thrift stores or retail shops that cater specifically to children.
You might be astonished to find out who has something amazing stashed away in a box in their cellar.
Determine Which Of Your Expensive Purchases Will Bring You The Greatest Return:
The year before last, my wife and I went out and spent ninety dollars on a brand-new coat for our daughter that was suitable for use in a infant car seat in addition to being toasty. I was a little concerned that she wouldn’t use it enough to justify the purchase, but it’s an investment that has paid off since she wore it every day for months, and it will continue to be a mainstay in her wardrobe this year as well. I was worried that she wouldn’t use it enough to justify the purchase.
I was able to mitigate the expense by purchasing two pairs of boots from different sellers on Facebook. The first pair, a pair of Sorel boots in excellent condition that retail new for $60, and the second pair, a pair of Kamik boots in excellent condition that retail new for $47, were both purchased for a total of $30. By purchasing used snow boots and snow pants, we are able to maintain one set at home and one set at daycare, which relieves us of the burden of transporting a large quantity of gear each weekend.
Reconsider How Much You Should Spend On Things For Special Occasions:
Even before I had a child of my own, I used to look with awe at the holiday cards that my acquaintances sent out featuring their young children dressed up in cute sweaters and dresses. What I did not realize was that some baby finery can cost as much as I would normally spend on a nice dress. I was surprised by this discovery.
Because most children, particularly infants, only wear dress clothes a handful of times, it is a great idea to purchase used versions of these items. I quickly discovered this fact. I was able to get two dresses for special occasions for a total of five dollars each. One of the dresses was a Janie and Jack number that normally retails for nearly ninety dollars.
Keep An Eye Out For Objects That Make You Happy:
A brand new Fisher Price Jumperoo will cost you about $100, but I was able to find one at a resale shop for only $40. I found it to be an excellent investment because it allowed me to keep my daughter entertained while I prepared dinner. I purchased a pre-owned IKEA play kitchen from a member of a neighborhood buy-and-sell group for the sum of seventy dollars because it was going to be my daughter’s first birthday present. The kitchen, which is brand new and costs $89, came completely assembled and with accessories that were valued between $50 and $60.
The table and chairs were from Pottery Barn Kids, and they were my most prized acquisition. If I had bought this package from the store, it would have cost me somewhere between $300 and $400. I paid fifty dollars for it. It was not as spotless as a brand-new table would have been, but I have no concerns if my daughter chooses to color straight on the table.
She continues to derive a great deal of pleasure from using it, and I was able to place the $300 that I saved toward providing her with resources that she might require in the future.
Keep In Mind That Safety Comes First:
The very last thing you want is to spend money on something you require, only to find out that it is harmful or useless after you’ve already used it. When it comes to things like carriages, car seats, and cribs, you need to exercise extreme caution. You can get on the right track and allay any concerns by consulting resources such as All Babies Collections guide to purchasing and selling used car seats and the Consumer Product Safety Commission’s safe sleep standards and recall list. Both of these can be found online.
The pandemic adds some additional complications, but experts agree that it is still possible to securely purchase previously owned items. Allow the things that have been delivered to sit for a few days, wash any clothing or toys that were included, and sanitize any furniture or appliances. If you are unable to have an item shipped to you, check to see if there is a choice for contactless pickup. And as a general rule, if you have to encounter someone face to face, you should conceal your identity and maintain a social distance. There is a possibility that the public health organization in your area has additional guidance.
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