Being pregnant is a wonderfully magical time. There’s so much to look forward to and enjoy, but it’s normal to feel worried about money. A new life can put a big strain on your finances, so what can you do to improve your bank balance?
Take stock of your debt
With a little one on the way, it’s a good idea to take stock of your debt. If you owe money to multiple lenders, consolidating credit cards could help, or you might prefer to talk things through with a financial adviser Upping your loan payments for a while could also leave you with less to pay when the baby arrives, so it’s worth considering your options.
Buy second hand
If you’ve been to the baby shops in town, you’ll know that prams, cribs and clothes can be a little pricey. Of course, there are some great offers out there, but it might be worth looking at second hand items. Nearly new sales are popular in the UK and there are plenty of swap shops and forums online to check out. What’s more, don’t forget to speak to friends and relatives as they might have some things you can have.
Don’t overdo the newborn clothes
As a mom-to-be, you’re probably already thinking about the birth. While it’s important to pack a hospital bag and have an adequate supply of newborn clothes at home – don’t overdo the tiny sleep suits and vests. Babies grow at a remarkable rate, so it’s wise to buy things that will help you through the rest of the year ahead. Dungarees, pajama sets and cute tracksuits might look huge now, but they’ll soon fit just right.
Make the most of freebies
During the nine months you’re pregnant, you’re sure to need a lot of lotions and potions to help you along. Luckily, NHS prescriptions are free during this period, so don’t forget to apply for a maternity exemption certificate using an application form FW8. These are available from your midwife or healthcare provider and are valid from one birth before the date that the application is received until 12 months after the expected date of the baby’s delivery.
Subscribe to baby clubs and sites
Not only are baby clubs and sites a great way to meet other mums, they can also give you access to promotional codes and vouchers. Many companies advertise their products through these forums and give money-off discounts to expectant parents. Moreover, pick up your free Bounty packs for your nearest Boots or Superdrug store and make the most of free samples including moisturizers, stretch-mark creams and even washing powders.
With a new mouth to feed, your finances are sure to be stretched a little bit, but there’s no need to overuse your UK credit cards if you don’t have to.
Disclosure: Disclosure: This is a partnered guest post.