Budgeting for Twins: What Parents Should Know
Having twins will require more than you may have prepared for. Here are some simple tips from our friends at Divine Caroline that parents can do to save money and budget for multiples.
For many expectant parents this is one of the most beautiful stages in their lives. Of course, they want to give the best to their child and nothing less. But what happens when the child turns out to be children?
Finding out you are expecting twins is exciting, but it may also cause some panic — especially if you started out preparing emotionally, psychologically, and financially for just one!
Revise your budget. Nearly everything will be doubled, from medical expenses to clothing and diapers.
Look for deals. Research money off and coupons available for multiple birth children, from discounts on gear and baby food to free diapers and formula.
Be open about your needs. Start a baby registry so people who want to give gifts will purchase what you really need.
Borrow or buy "used." Ask friends and relatives with kids if they have equipment, clothes and/or furniture you can borrow, buy or simply take off their hands. Many parents will be happy to part with that clunky infant car seat that's no longer being used. And, if not, they likely know someone who does.
Visit secondhand stores. "Like new" stores and garage sales can be a treasure trove of infant and baby clothing that your twins will outgrow before they wear out.
Space your purchases. Only buy the equipment you will need right away. Can they share the crib during early months? Can the high chairs wait until they are old enough to need them?
By implementing some of these down-to-earth solutions to preparing for twins, you'll hopefully find yourself a little less stressed about finances and better able to enjoy your new little duo.
Thanks to our friends at Divine Caroline!
BabiesBudgeting for Twins What Parents Should Know