Ways to Save Money with a Baby

Despite what this photo would have you believe, babies don't know how to add, and they certainly don't care one way or the other about finances.

Lambert/Archive Photos/Getty Images

Babies are cute, cuddly and obscenely expensive. Many first-time parents are shocked to find that their planned budget -- even if it's generous with expected baby-related funds -- barely covers basic expenses. And as anyone who's ever raised a child can tell you, infants need a lot more than nourishment, clothing and a roof over their heads. Between diapers, toys, books, baby-proofing gadgets, strollers, car seats, sippy cups, monitors and everything else, it's a wonder most parents don't file bankruptcy a few months after the arrival of their first child.

Yes, it's scary, but don't worry too much. Like a swaddled babe, we've got you covered! Over the course of this article, we'll show you how to save on virtually all the baby essentials. So whether it's your first child or your fifth, you're going to want to check out these five great tips on how to save money with a baby!

Read the next page to learn how buying hand-me-downs can keep your personal finances up.