(ThyBlackMan.com) Are you expecting your bundle of joy soon? That’s great and congratulations. But parenthood is a big thing and you have to be really careful as your welcome your precious in your life. Added to the sleepless nights, there would be a new series of expenses such as regular clinical checkups, tests, nursery items, clothing, bottles, medicines, diapers and so on. Hence, it’s very important that you step ahead with a healthy financial planning. The post here offers expert financial tips for the new parents.
Hand-me-downs are good
Every parent wants to buy brand new things for the baby but hand-me-downs would be a great cost-saver for you. It could be anything ranging from clothes to toys. Your elder sister might pass you down the little cot which his tiny master has outgrown and if it’s in a good shape- there is no shame in accepting it. It is not possible to buy everything brand new. Moreover, when family members and friends pass on used goodies, they do it out of affection. So, do not hesitate to embrace these hand-me-down items.
Goodies with dual function
Get goodies that can serve dual purpose so that you don’t have to buy two things. For example, you have cribs today which turn to toddler beds & you also have strollers which shift from the newborn to the toddler mode. Goodies with dual function is always a great 
money saver.
Flash sales online
Shopping becomes a frequent affair as you bring the bundle of joy in your home. In such a situation, it would be excellent to take to flash sales over the internet which come up with excellent deals on adorable baby clothes, shoes, toys & other related accessories. So, keep check on flash sales from time to time to cut costs.
Use your collectible for nursery art
It’s natural for every parent to deck up the nursery to make the environment more loving for the little one. Yes, there are amazing pictures, posters and wall art items which look good on the nursery wall but all these together only heightens your expenses. You can reduce the costs here by using your own collectibles for the nursery art. It could be the baby’s photos taken from his first day or other family photos or some self-made wall hanging and so on. Later on, as the child starts to grow, you can even attach his first ever painting on his wall for a special personal touch.
Save in fat times
There are years when you will have your bonus & nothing breaks in your house. Well, a bonus always means some extra indulgence but don’t go overboard with it- as you would have to save something for the leaver periods. It’s not that every year nothing will break in your house.
Finally, it should be mentioned that a lot of parents resort to debts to ensure a more comfortable future for the new family member. In some situations, rising aspirations might deter the parents from timely payment. If you ever find yourself in such a situation, you should not waste time in taking to debt consolidation.
Staff Writer; Chris Shaw