Money Talks, So Should You

Married to the Money: Budgeting for a new baby

Rachel G.
by Rachel G., Dimespring 30 (@savorysarcasm)

Oh baby! The cat is out of the bag, my cyber friends; a bun is in the oven. Cooking away as we speak, my soon-to-be bundle of joy is expected to arrive in July.

When first notified of the news early on in November, I have to admit I was pretty terrified. Having a family was certainly something my husband and I had talked about, but we thought we would be a bit more financially prepared when that day arrived.

READ: Four questions to ask about maternity leave

Thankfully the news has settled in now and I can speak of the little one without feeling severe heart palpitations. My husband and I are very excited and have begun reading the recommended articles and books, thinking about parenting and training our dogs to stop jumping on the couch.  We’re going to put together the registry here soon and then … dun dun duuun … THE BUDGET.

We didn’t wait to be financially free (meaning no debt), but that’s all right. My baby will not be dressed in chic designer, mini-me clothing or sleep in a beautiful Pottery Barn crib with monogrammed bedding, but I think I’ll survive. It’s Target for these first-time parents, and we're scouring the web for great deals (bless you Amazon) on the seemingly millions of things we’ll need. How does someone so small require so much stuff? (I wonder if my husband says that about me …)

In spite of the many, many expenses to come, we have to remember that it’s not the end of the world, but rather the beginning of our lives. Things we wanted to do and buy for ourselves will be put on the back burner and true selflessness will be put into action. It’s time to reprioritize and budget for the now more important thingsIt is easy, though, to get discouraged and it’s a challenge to be positive when you already feel like you’re struggling. We know we’re lucky to have supportive families that will be there for us every step of the way and that helps a lot. 

READ: Oops! I overdrew my bank account

When you’re budgeting, it’s all about priorities. Bills and groceries take precedence over that new sweater or a trip, just as they always have. We’ll just have to continue with the same mindset now that we’re expecting a baby. Things might even get a little tighter, we’ll trim our cable bill and find additional ways to cut back, but life will go on. And from what I hear about parenthood, life will also be pretty incredible.

So the hardwood floors we wanted to put in will have to wait … I have a discounted crib to buy. 


Rachel is a young professional living with her husband in Bakersfield, Calif. She started her public relations/social media management agency in 2011 and loves what she does. When she is not working, she enjoys spending time with friends and family and writing for her blog, Savory Sarcasm. She’ll never turn down a good glass of cabernet sauvignon and is obsessed with her two dogs, Gus and Rylee. Rachel is a member of the Dimespring 30, a community of bloggers sharing their thoughts, experiences and perspectives on personal finance.