ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

How to save at least 4000 $ on the first year of your twins

Updated on September 30, 2013

1.Breastfeed

Formula is the highest expense for new parents during the first year of life of their child. For twins, formula can cost at least 250$ per month, and even more if they need a special type of formula. Breastfeeding your twins can save you around 2500$. I recommend renting a high quality pump, in order to establish and maintain a good milk supply, and also to pump milk and store it for further use. You can also put the pumped milk in bottles so other members of the family can help you with their feedings. Renting a pump costs about 50$/month, but it still is only a fraction of the total cost of formula.Some insurances cover the price for renting pumps, so you can save more. Another benefit of breastfeeding is that your babies will have the best nutrition available for them, and you will lose pregnancy weight very quickly.

Total savings the first year: 2500$-3600$

2.Cloth diaper your babies

The next big expense in the life of parents of young children is disposable diapers. With twins, you will pay at least 100$/ month for diapers, meaning roughly about 1200$ during their first year. You can bypass this expense by using cloth diapers. Today cloth diapering is much convenient that in the past. The minimum to begin cloth diapering is a stash of 14 diaper covers for day (7 for each child), and 4 night diapers(2 for each) if you plan to wash the diaper covers every evening. You will also need about 60-70 inserts (if you plan to wash the inserts every other day).You will have to make an investment of about 300$ in the beginning, but with good care the cloth diapers will last at least 2-3 years and you can reuse them if you have other children or resell them and recover some of the initial investment. Disposable diapers can't be reused with other children (if you are planning on having more) and they contain potential toxic substances for the babies.

Total savings for the first year is about 900$, and at least 2700$ for the total period of time during your twins are in diapers (if they are potty trained by 2.5 years).

3.Make your own baby wipes

Baby wipes can cost between 15-20$/ month when you have twins, or even more, depending on what brand of baby wipes you are using and where do you buy them. The good news is that you don't have to spend nearly 250$ a year on baby wipes, you can make them yourself.You can make cloth baby wipes or disposable baby wipes, or use combination of the two.(for example you can use the disposable wipes for tough jobs, and cloth wipes for the rest).

Total savings the first year:180-240$.

4.Buy used baby clothes

Babies grow very fast, so every few months you have to buy them new clothes. They don't have to be new or fashionable. You can buy used baby clothes on ebay, in lots, or at garage sales. Accept every clothes donated (either gifts or just borrowed) by family and friends. If you are lucky you may not pay anything for babies' clothes, or very little.

Total savings: 500-1000$.

5.Save on baby food

Baby food for twins is not so expensive as formula, but it adds up to monthly costs really quickly. If you buy baby food from your regular grocery store or from a baby store, you will overpay for it. Baby food for two small children could cost around 120-150$/ month. You can decrease this cost easily by making your own baby purees,especially but making those that require cheap fruit and vegetables that are in the season, and buying the rest (including baby cereals) at discounted prices. You can buy discounted baby food (but also formula and diapers) cheaper on Amazon if you have Amazon prime and register for Amazon mom.The savings are between 20% and 30% compared to the price you will find in stores. You will need to subscribe for those items that you want delivered to your door. It's very convenient and also cheaper.

Total savings the first year:300-500$

6.Don't overpay for toys and baby books

Baby cardboard books can be quite expensive. You can save on baby books by borrowing them at the local public library instead of buying them. Books can be borrowed for up to 3 months, and sometimes this is enough because children get bored very quickly with books and toys.

You can also save money by buying used toys in good condition,or making your own toys by using items found in every house. Safe toys for infants are small boxes, empty plastic bottles, wooden spoons, plastic recipients (especially if they are colored).

Savings: 100-500$.

Comments

    0 of 8192 characters used
    Post Comment

    No comments yet.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)