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Baby expenses - spill all the beans!

Posted by: OS GIKEN

Tagged in: savings scheme , New born , nappies , baby

OS GIKEN

So in August we expect baby Karli, that's the name of our daughter. Were planning to have a majour savings scheme in the next couple of months where we save most of our available income for when Karli comes and for the time my wifey is out of work. We intend to have her go back to work agian in Jan 2011.

What expenses, monthly mostly, are there when karli comes...we are going to buy the cot and car seat and pram before she comes as well as the other big things...

What monthly expenses are we looking at? Some people said add another R2000 to your budget, some said its only a R1000...what does this constitute. I know not all children are the same, neither are all families, our situation might be different from anyone else's and our style of upbringing might also not be the same. But are there generic things that Karli just must have each month? I'm trying t figure out how I can rework my budget to include little Karli and by how much...

OS over and out - I've heard tons of stories of how you should buy this and buy that...75% of the things I doubt we'd ever need...I skeem its just food, clothes, nappies, health and love...

Comments (12)Add Comment
Dissol
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written by Dissol, March 08, 2010
Hahahaha!!!! Think of the most scary number you can think of...and then double it...and you will not even come close!!! Because of the number of miscarriages my wife has had, we never bought anything until after the baby arrived. But it always tickles existing parents watching soon to be parents trying to plan for a new arrival. Little do they ever seem to realise that your whole lives will be turned on their heads, and nothing will ever be the same again!!!
I remember soon after my first child was born, I asked my accountant to work out how much money we needed to put aside for his education. The local English state schools, where we lived at the time were pretty dire, so we wanted to be able to have the option to send him away to school. I asked the accountant (20 years ago remember) to work out what it would cost (purely in fees) to send him to boarding school from the age of 11 to 18. The accountant came back with the figure of £176,000 (+/- R2,500,000) - and that was 20 years ago!!! I think I told the accountant not to bother with fees, but we would just buy the school!!! We did invest a huge amount of our earnings into various investments to cover the costs though. That has come in very useful, as the eldest has chosen to study overseas for his degree (the cost of keeping him alive in Scotland is more than the weekly running costs of keeping the three of us alive in South Africa).

But basically, it really is impossible to say. Clearly some people in South Africa manage to raise children on almost nothing...and many of them do an amazing job. But most people find the additional costs too scary to actually sit down and put a number to them. I know you have expressed interest in my house in the past...one of the reasons for buying it in the first place is its proximity to some good schools... Half the planning that you do now will have to be thrown out (but you will not know which half!!). Simple things...our eldest son was put into (old fashioned) terry nappies, as where we lived made purchasing disposable ones tricky (plus we felt it was more environmentally friendly). When no 2 came along (many years, and a different country later), we found we had to put him into disposables, as he would get bad rashes in the terry nappies. Then you may find that your child is one of the 10% of the population who has a disability. A friend of mine has 2 kids, both of them are disabled, and his costs already (the eldest is about 5 or 6) are frightening!!! He has had to convert his house entirely, and sell his nice car, and motorbike for a converted combi, that can take the motorised wheelchairs that his kids need. I would guess he has spent over R2million in the last 6 years.
james rond
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written by james rond, March 08, 2010
Os, it will be the best time of your lives. I don’t think it is that expensive for the little baby but you may need to consider the following expenses:
Get disposable nappies. Get the best as it is worth every cent. You don’t want leakages.... About $30 for 40 if I correctly remember. You probably use 1 box / bag per week. Also consider the cream for nappy rash, wipes and other body lotions as you may require.
Car seat correctly installed for the little angel. About $200 to $250. Obviously a good and safe car will help. How would you get the baby home from the hospital?
Get an electrical steam steriliser. Again worth every cent. About $170
The cot you obviously need. Baba needs to sleep somewhere. Price can range significantly depending on your needs and preference. Say $300.
Get a lightweight stroller that you can use from newborn up to 15 or 17kg. I stress lightweight and small because you don’t want your wife to hurt herself loading it into the car boot. $250 - $300. Your wife will love you for this.
Clothing is difficult to say – perhaps $300 to $500 for the first 6 months.
Formula milk if your baby is not breastfeeding. About $40 for a week. Better to breastfeed as it is healthy for the baby and mother they say. Caned baby food is only later.
Bottles about 8 to 10 and brushes. Again get the best because it will last longer. Say $300
Caesarean in an emergency...not sure if you have medical cover for it. About $1500 - $2000. Also consider theatre costs....doctors...other emergencies etc.
Hospital costs about $400 per day but this depends on personal preference and medical insurance. Your wife may be in hospital for up to 7 days or even longer.
Paediatrician will cost you about $250 - $300 per examination. Assume at least 3 visits under normal conditions. Other doctor appointments say once a month @ $150 per appointment.
Very important get the best doctor available for the delivery. You want to make sure nothing goes wrong. Pay him whatever is required.
Consider taking 1 week leave during the birth. My first child (little brunette girl) was 2 weeks late. My second child (little blonde boy) was 2 weeks early. Both caesareans.....
Flowers for the wife about $200.
This is about it I think. Daycare about $1350 per month per child depending if your wife works.

Hope this help a bit.
OS GIKEN
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written by OS GIKEN, March 08, 2010
LOL Thanks James...Dollars????
james rond
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written by james rond, March 09, 2010
Just multiply it by 6.5 or 7 and then it will be in Rand.
Nita
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written by Nita, March 09, 2010
The amount you add to your budget depends on the brands you buy.

I don't really keep book of what things cost, but I just buy them as I need them.

Firstly you'll need nappies. You can go for cheaper nappies, but I would suggest you use either Huggies or Pampers. Newborn nappies aren't that expensive, but when you get to Nr3's and bigger, the prices start to climb (we pay about R215 for a pack with 82 nappies and I use about 3 of them a month). You'll probably use 6-8 nappies a day.

If your wife stops breastfeeding, you'll need milk formula. I use Infacare, it is made in South Africa and is much cheaper than Nan and other makes. (About R140 for 1,8kg, you'll need about 3-4 of these boxes a month).

When you bottle feed, it is always a good idea to add Telament Colic Drops to the milk, it helps with getting the winds out. This is a bit expensive, +/- R50 a bottle and you'll probably use 3-4 a month, but it really makes life easier.

You'll probably receive enough soaps and cream, etc at the stork party to keep you a year. People tend to buy these things, since it is cheaper and easier to buy.

You should also remember that babies grow quickly, so in the first year, you'll have to replace her entire wardrobe about 3 to 4 times.

When your wife starts working again, you'll need to pay for day-care or something like that. Where I live this vary between R600 to R1000 a month, depending on what you choose, but places like Pretoria/Jhb are more expensive where people pay from R1500 to R2000 a month.

You should always expect medical expenses every month, since you will rush to the Doc whenever she sneezes twice in a row.

It is a good idea to dive her vitamins from the beginning. We give Jennifer Vi-daylin with iron as well as D-drops (Vitamin D). Vi-daylin is about R65 a bottle, but you would use approximately 1 a month, D-drops is about R40 a bottle and also keeps about a month.

I can't think of anything else at the moment.
Nita
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written by Nita, March 09, 2010
Oops, I meant Give her vitamins not dive... Finger trouble.smilies/grin.gif
OS GIKEN
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written by OS GIKEN, March 09, 2010
LOL thanks guys...had a huge argument, or debate about R300 bottles last night...I wanted to know why the hell 1 bottle cost R300? she could not give an answer...rich folks kids I tell you!smilies/cheesy.gifsmilies/angry.gif

We calculated a rough R3000 a month when wifey goes back to work...yarrie there goes my new car!

That's everything incl someone to look after Karli...we'll get someone trustworthy but also for less than a K.

The closer we get to the date...the more I'm starting to think like a dad...no more lowering the car even more, no more ROckford Fosgate sub and amp, no more driving like a Hooligan...but, it does mean I need to get an substantial increase!

she is going to be out of work for 5-6 months...so we decided to save from now on so that when we live off my paycheck alone, it won't be as bad...and I need to save my bonus and tax return too and live off that until she goes back to work...eish it looks tough ahead! Remind me not to get kids anymore...rather more cars!smilies/grin.gifsmilies/tongue.gif
Nita
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written by Nita, March 09, 2010
Your wife should find out if she is able to claim UIF. You won't get loeads of money, but it might help a bit. I claimed with the help of these people: www.momsuifassist.co.za.
Nita
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written by Nita, March 09, 2010
PS. I think James Rond is wrong about needing 8-10 bottles. I had three in the beginning and now have 6 in total. You just need to have a few ready for the night feeds, so that you have less work and can get back to sleep quicker.

I use Milton Steriliser. It is a bucket with water and you add the Milton and just leave the cleaned bottles in there for at least 30 minutes. Quick and easy and less work than microwave strilisers. It is also the same system that gets used in most hospitals.
OS GIKEN
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written by OS GIKEN, March 09, 2010
Hmmmm thanks Nita...I'll have to get your email addy so that I can mail you all the questions we have etc...but my sister also has kids, so does her cousins...so we are quite spoilt when it comes to advice!

I'll check ou the UIF website and mail it to her now now
tallulah
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written by tallulah, March 09, 2010
Just multiply it by 6.5 or 7 and then it will be in Rand.

Actually that doesn't work because SA prices are so different according to our supply and demand, you can't convert directly. OS, I'd suggest joining some South African baby forums. I know my friend who had a kid recently found them very helpful, especially after junior was born.

Your wife should find out if she is able to claim UIF


It is a big help, apparently, but you sometimes have to wait aaages for it. So don't rely on it.

By the way, I think Karli is a lovely name smilies/smiley.gif
james rond
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written by james rond, March 09, 2010
My dear Nita. I'm in the process of raising my second child and believe me the more bottles you have the better. 30 minutes for sterilising your bottles seem ages. What do you do if your baba is crying murder and wants milk right NOW? A separate good quality steam cleaner takes only 6 minutes. Perfect solution for any baby.

Tallulah - Everything these days are made in China. Clothing, bottles, strollers etc. So everything tends to cost almost the same depending on taxes. The closer you live to China the cheaper it is due to shipping costs. I always check prices as I travel through South Africa, Asia, Australia, New Zealand etc so I would know.

And I agree Karli is a beautiful name. What would you do if it is a boy? Those scans can be wrong sometimes.


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