When I first saw the estimated cost of a baby during the first year, I was shocked. 12,000 dollars?! Who can afford that? And even if you CAN afford it, who WANTS to spend that much money on a baby over one year?
It’s actually possible to spend very little during baby’s first year. Of course, there are essentials like diapers and wipes that you must purchase, but there are some simple ways that you can save some serious money.
Formula (on average) is going to cost you $100 a month. And that’s if your child doesn’t have a milk protein intolerance (like both of my babies did).
Cost of formula for one year: 1,200.00
I purchased this super soft velour crib sheet, and I also bought breathable bumpers.
Cost of crib bedding: $100
Cost of velour crib sheet: $13.00
Savings: 87.00