New Baby!
New Baby!
I truly had no idea how expensive a baby was going to be! Thankfully, when I was pregnant, I learned a lot about what resources are available through TRICARE and nonprofits. For example, I was able to add more to my baby registry since I knew my breast pump and accessories were going to be covered by TRICARE! Some bases even have nonprofits that throw baby showers or diaper drives with lots of free items. I also recommend looking to see if you qualify for the Women, Infants and Children (WIC) nutritional program. Especially because it can help with the cost of formula.
Getting connected to some of these resources on base have given me the option to spend money I would have spent on baby items elsewhere! Babies are expensive, but they sure are cute.
MilSpouse Money
Mission Response:
We agree on the baby cuteness factor, Kristin! Thank you for sharing your experience and tips on how to save money when preparing for a new baby. You are absolutely right. The cost of baby gear can be eye-opening. Kristin offers great suggestions to look into what items may be covered by insurance. TRICARE covers newborn and well-baby care, as well as breast pumps and supplies. Click here for more information. Local nonprofit or government entities may have other resources available. Your installation’s New Parent Support Program can help you get connected. Also be sure to check out the military relief society for your branch of service. They provide support to military families, ranging from classes to baby gear. Additionally, relief societies provide many other levels of assistance and support. Click here to find your relief society.
Our New Child milestone offers guidance to help you plan for the changes a new child will bring your financial life. Start preparing for your new addition early. The spending plan worksheet can help you get started.
