June 2011 Moms

Savings/Planning for dd2

I want to have our kids close in age and Ive always wanted a summer and fall baby. I've always had trouble staying pregnant. After visiting with my gyno and finding out I have a mild uterine prolapse and havee pressure pains. I'm not sure how everything will turn out. I am at a panic, how my sono results will come out to be. I want to save/plan right away! What things are planning on doing for prepping for lo #2? M
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Re: Savings/Planning for dd2

  • I'll be having a fall baby in a few weeks.  :)  We really didn't do much saving, except a little to cover the hospital bills we know we'll have for the birth.

    We're going to reuse all of our baby supplies from LO #1, using the same nursery & crib (moving LO #1 to her own room with a twin bed), and sharing cloth diapers that we already own.  The biggest expense will be buying new clothes -- even if we have another girl, the seasons are different so I'm not sure how much we can reuse.  Oh, and then there is paying for daycare for 2...  Haven't really thought about that yet.  :)  We'll adjust our budget when the time comes after my maternity leave!

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  • As far as planning, we have everything. We will start thinking about trying in December. My daughter will probably get a big girl bed right before the new baby comes so we will have all of the crib and nursery furniture here already. The only way we will have to buy more stuff is if it is a boy because we will be buying different clothing. The nursery decor will be something we will be buying as well but that's really just extras. We really have just been planning on saving for the insurance deductible and our portion of the Co-insurance during a high risk pregnancy. All in all the medical stuff will be about 8k for us, with insurance!   Since my pregnancies are also complicated we want to be sure we have the money to compensate for being off work noy only 12 weeks post birth but also in the event that I get put on extended bed rest again. However, I don't work full time like before...only 2 days a week.   I will also have to invest in a new breast pump because the one that I have was from a close friend and is pretty much almost dead now. After all is said and done I want to be sure that we still have a good nest egg in the account. Right now that is our main concern. We're pretty much set for it already but it's just getting the extra funds in there for afterwords so we aren't left in a spot where we don't feel ready for any financial surprises you know? After my husbands winter bonus and our tax return we will be set. 

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  • When we had DS we had just saved up our HSA for our hospital/dr bills mostly. I had a breast pump and crib and all that from DD. Mostly I just had to get a new twin bed for DD's room so DS could have her crib and then some diapers and a couple clothing items. I got a lot of clothes from friends and family for him as gifts so I barely bought any and what I did I got at Carters throughout my pregnancy when they'd have the 50% off the store deals. Once you have one baby it's much easier to have more and not have to buy much at all. Now that I have a boy and a girl, a third would be cake. I have EVERYTHING. 
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