Although we’ve gotten tons of advice and have tried to prepare accordingly, the financial costs of a growing toddler have been astounding. During the second half of this year, we’ve been faced with many costs for our growing one-year-old; from a new car seat to added day care costs due to her big appetite (she’s no longer satisfied with homemade baby food but wants the food she sees us eat for dinner!) As costs arise for things we thought we adequately saved for, it is very tempting to fall back into our old habits and suspend saving in order to meet the (perceived) needs of the moment.
Now, when we are tempted we must remember to set an example for Aurora that will be a foundation for her financial education as she grows. Sam and I will teach her to make a plan to deal with the unexpected, not grow discouraged and continue saving. We continue to evaluate where we can cut costs or pay reduced prices so that we are able to pay for the things that she needs without sacrificing our savings. We reduced our food consumption by getting quality food and portioning it out for the week (and limiting seconds.) Instead of purchasing pre-packaged foods, we buy fresh foods that are in-season in New England and freeze the extras for the winter months. We still seek out coupons and discounts for our toddler’s supplies and visit consignment shops and shop the clearance racks for her clothes and shoes.
What are some ways parents can save money on the costs of a growing toddler?
This is an entry from the 2009 Connex Savings Challenge Blog, a place where you can keep up with the Savings Challenge families and they can share great financial tips, ways they are saving and budgeting and much more! For more blog entries and information on the Connex Savings Challenge, visit www.connexcu.org.