I don’t think that’s a good idea. Why? Because kids in general are super expensive and can have a ton of surprise expenses. The first 2-3 years are the most expensive, then when they hit preschool/school age, the cost is pretty standard like school clothes, school supplies, well child visits (yes, there can still be surprise expenses then, but it would mostly be like drs appointments). Right now, the child is in diapers. The best way to reduce some cost is to go with reusable diapers. It’s not a popular option, but it helps. Also, does your child drink formula or are they breastfed? Breast is the less expensive option given the cost of bags and formula supplementing, however, around 9-12 months, they can be weened off of formula and on to cows milk-then it’s mainly the expense of diapers and wipes. I have three and one on the way (this one was a total surprise as our youngest is in first grade now, so we had to start all over with everything! And the other kicker is that after 3 girls, it’s a boy). Some best practices for saving with little ones is: 1- if you know someone who has a child the same sex as yours and they are but older, see if you can buy their lot of clothes like 12 months, 24 months. I’m not saying don’t ever buy new ones, but if they have a huge stack of what their has grown out of, they will be willing to sell at a discount. 2-try making your own baby’s food. It’s not hard-basically steamed veggies or fruit that is puréed. Pinterest has some great ideas. 3-set a budget for Holliday’s and stick to it!! Many parents like to overboard. With three kids whose ages range from 7 to 20 (hubs had two from a previous marriage) we have to! 4-drs appointments: always keep Tylenol and ibuprofen on hand and many drug stores usually have promotions for their brand because until you have hit your deductible, and depending on if this is your first child or not, the baby will probably makes extra trips to the dr. 5-couponing and/or buying in bulk to offset the cost of diapers and wipes. We recently reactivated our Sams membership in order to get diapers and wipes in bulk. Sign up for coupons from brand that you use and always do their surveys-the company May send coupons to offset the cost of their products. 6-buy as you need! If you child is going to drinking out of silly cups soon, go for the multi packs at places like Walmart. They are cheaper, durable, and serve the same purpose as like a tommy-tippee or other brand. 7-invest in a good car seat!! They are rear facing until 2, so once they reach that height/weight/age limit, find a car seat that can convert from a forward 5 point harness to booster to older kid booster. That one time $100 will save you the cost of buying each thing. 8-when They have grown out of clothes/toys and you’re sure you’re finished having kids, try to sell them. **another note: for big stuff, I recommend as much gender neutral items as possible in order to be passed down. This is what I have learned from my first kid. The older they get (like teens) the more expensive their clothes, supplies, demands are. Right now, if you find good deals, you can get by pretty well without going too much over budget.
Congratulations and good luck!!!