How much does it cost to have a baby? Can I afford it?

If you want to be a father or a mother, whether you consider being single or single, with your partner or co-parenting, it is logical that you ask yourself if the budget for the birth of a baby fits within your possibilities. To help you make calculations, in this article we are going to indicate some costs that you must assume.

What is the budget for the birth of a baby?

To begin, we want to clarify that the calculations are not exact, since there are several factors that affect the budget for the birth of a baby. Some of them are if you are going to inherit certain items, if you will have to go to daycare or if you will breastfeed.

Based on this information, we will tell you that we cannot speak of a specific total amount, but of an average price:

• Childcare accessories, such as cribs, car seats, high chairs or carts, can cost between €3,000 and €3,500.
• If you have to take him or her to the nursery, you must add between €300 and €400 per month.
• If the baby took a bottle, the amount would increase by about €180 per month.
• The clothes can cost you between 1,000 and 1,400 euros the first year and around 900 the next two.
• Other charges, such as toys, hygiene, vaccines or medical insurance, will make you have to invest about €1,200 annually.

How to save on the total shopping budget for him or the baby?

It is evident that the initial outlay is considerable, however, you can adjust the budget a bit by following these tips:

• Childcare: Acquire as essential the crib, the cart, the high chair, the changing table and a hammock, it is the most appropriate to improve the budget for the birth of a baby.
• Feeding: if possible, make sure that he or the baby is fed with breast milk, as it is free and has benefits for both
• Hygiene: We know that diapers are necessary, but there are many brands. You must make a good selection to find the best value for money.
• Clothes: Do not invest in expensive suits, at least during the first month, since what is worth them in January will not serve them in March. They grow at an exorbitant rate in the first stage of life!
• Nursery: If you have to take him or her to one, try to get a place in a public one.
• Health: Do not forget that public health will control your baby and give you the necessary guidelines to help you raise it in the best way. If you bet on it, you will save money on health insurance.
• Ceremonies: Try to make them intimate in case you want to celebrate the baptism of your son or daughter.

In conclusion, we know that it is not easy to make an exact budget for the birth of a baby, but we hope that this information has helped you to calculate it. Now all you have to do is think about how and where you can save.