Welcome to the Mum to Be Club. This special section of The Mums Guide to Money is dedicated to money matters for the Mum to be.
However, if your new arrival is already here, your specialist topics are over in the New Mums section.
Bringing a baby into the world can be a challenging financial experience. That is why I have written my top tips. Reduce the overwhelm and plan for your new arrival these helpful tips.
As an accountant and Mum of three, I understand the money issues faced by Mums to be. Both of my maternity leave experiences were financially very different. The first was a short one thanks to Statutory Maternity Leave (SMP). And the second one was financially very difficult as I had twins and a four-year-old. Everything I write in these blog articles is based on my own experience and how I dealt with the challenges I was faced with.
Let’s get one thing clear from the start – the articles in this blog won’t teach you how to change a nappy or get a baby to sleep. However, these articles are my top tips to financially prepare you for having a baby.
Looking for general money-saving tips? These can be found here.
Once the baby comes along, it all seems to be about them. Nobody thinks about a gift for a new mum and how something small can make such a difference to their day. In this post I am going to tell you about the little things which I know can make such a difference to…Read More
Going to work after you have had a baby can be an overwhelming thought. Long hours, unsuitable work patterns, commutes and the cost of childcare can make it all seem a waste of time. Here are your options for working after your maternity leave ends. 1. Work Full Time There is no shame in doing…Read More
Firstly congratulations and welcome to the club. In this article, I am going to talk about what you need to buy for your baby. By the end, you will know the priority items that your baby needs and how to get them on a budget. There are so many things you could buy. However, as…Read More
Baby clothes come in so many different sizes it can be confusing to know what to buy. Sizes start from Tiny Baby for smaller babies and then up to the bigger sizes. But what size baby clothes will you need for your baby? The retailer provided ‘baby lists’ will tell you to buy newborn then…Read More
When our eldest was born, I laughed when people suggested I buy secondhand anything for my precious firstborn. The secondhand market for baby items is a minefield. Once you get the hang of how things work, it can be both an invaluable source of savings as a buyer and earn you some extra cash as a seller.…Read More
Are you tired of spending a fortune on toys for you kids? Do you want to know the best way to save money on toys? I’m not sure about your kids, but I think mine probably play with less than 50% of their toys. That means we have stuff which is unplayed with, still in…Read More
Maternity leave can be a tremendous financial strain, especially if you are only entitled to Statutory Maternity Pay (SMP) or Maternity Allowance (MA). Extra money for maternity leave could be a game-changer for you. This could mean the difference between the maternity leave you can afford, and the maternity leave you want. SMP was all I received…Read More
Self-employed Mums, unfortunately, don’t qualify for Maternity Pay. Maternity Pay is restricted to Mums who are employed. The payment of Maternity Pay is a contractual obligation of the employer. So what options do self-employed Mums have for maternity pay? There are two types of self-employment. The first is where you are self-employed as a Sole…Read More
Maternity Leave and Maternity Pay in the UK can be confusing to get your head around. SMP, OML, and AML – what on earth do they all mean? The UK has one of the longest periods of paid maternity leave in the world. BUT we have one the world’s worst paid maternity leaves. Mums who do not qualify for…Read More
Hair and beauty product addicts rejoice! Here are my top 5 tips to save money on hair and beauty products. Makeup, skincare, body lotions, shampoo, conditioner, hand creams you name it, I used to buy it. A recent survey suggests that over 70% of British women over the age of 30 spend more than £50…Read More
Grocery shopping accounts for one of our biggest outgoings behind childcare and our mortgage. I regularly like to challenge myself to save money on grocery shopping. It is very easy to stockpile our cupboards and not keep on top of using those store cupboard ingredients. 1. Organise your cupboards The first essential step to save…Read More