Comments on: Which Is Growing Faster: Baby or Expenses? https://eliteedgemoney.com/which-is-growing-more-baby-or-expenses/ Money | Minimalism | Mohawks Thu, 20 Dec 2012 14:58:39 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: J. Money https://eliteedgemoney.com/which-is-growing-more-baby-or-expenses/#comment-112462 Thu, 20 Dec 2012 14:58:39 +0000 https://staging.eliteedgemoney.com/?p=30391#comment-112462 Awwww how wonderful!!! Your family sounds beautiful :) Good for you guys on making it work and enjoying life in the process – that’s something we can all learn from. Especially me – I’m so new at this stuff I can’t tell what’s left or right these days, haha… but I’d love to be able to comfortably have a family with 6 kids too! That would be awesome! :)

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By: lisa https://eliteedgemoney.com/which-is-growing-more-baby-or-expenses/#comment-112375 Wed, 19 Dec 2012 19:20:25 +0000 https://staging.eliteedgemoney.com/?p=30391#comment-112375 cute lil guy you got there! We have 6 of them, couldn’t get enough with just one. Being I’m a stay at home mom and dear dad is the only money maker, I’ve sure learned how to make the dollars stretch! I buy most clothes used, keep them in good condition by not using the clothes dryer, letting them air dry, pass them off to the next kid and when they have done their due I donate them to goodwill. I make most food from scratch, healthier for the kiddos and we take advantage of parks and libraries and cheap or free things for entertainment. My kids don’t have an xbox but a nice trampoline and bikes to keep them outside in the fresh air using all of their energy so they are nice and tired when bed time comes! THAT makes mommy and daddy happy:-) I may ‘sacrifice’ more than most folks but I wouldn’t trade it for the world. They are worth every cent (or lack there of).

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By: J. Money https://eliteedgemoney.com/which-is-growing-more-baby-or-expenses/#comment-112261 Mon, 17 Dec 2012 18:29:50 +0000 https://staging.eliteedgemoney.com/?p=30391#comment-112261 Great idea with the library! I wonder if ours has anything similar? Curious to see how your tracking of the money goes too – keep me updated, okay? Lets’ see who lasts the longest, haha… :)

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By: Sarah https://eliteedgemoney.com/which-is-growing-more-baby-or-expenses/#comment-112119 Fri, 14 Dec 2012 14:38:07 +0000 https://staging.eliteedgemoney.com/?p=30391#comment-112119 I forgot to mention-I am also concerned about the baby getting enough socialization. Where I live, there are multiple public libraries with infant story hours open to the public. I’ve met a bunch of moms and dads and their babies there, for free, and spent a half hour or so with developing Baby S’s pre-reading skills.

I like your blog on keeping track of baby expenses; I have been doing the same. Right now mine are somewhat under yours because she is younger. I’m interested to see how it progresses. We are cloth diapering and breastfeeding at the moment, but I bet we will be where you are soon with the new childcare expenses.

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By: J. Money https://eliteedgemoney.com/which-is-growing-more-baby-or-expenses/#comment-112104 Fri, 14 Dec 2012 02:31:15 +0000 https://staging.eliteedgemoney.com/?p=30391#comment-112104 Oh wow – good for you!!! Talk about almost the exact same situation here – ours is 5 months now and the wife has barely *touched* her dissertation because of everything :( She doesn’t function the best w/out sleep, so needless to say our next move will fix that too :)

I’m going to send this info over to my wife for us to discuss – I guess it couldn’t hurt to get more info and check it out a little? Even though I think eventually I want him in daycare w/ all the other kids, sicknesses and all… but maybe in the beginning as a trial run? Could be something.

Thanks so much! And congrats on your precious little one too :)

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By: Sarah https://eliteedgemoney.com/which-is-growing-more-baby-or-expenses/#comment-112099 Fri, 14 Dec 2012 01:33:18 +0000 https://staging.eliteedgemoney.com/?p=30391#comment-112099 Hi Mr. Money,
I just had a baby myself (3 months old now) and I work from home writing a dissertation. I was working at night and in the wee hours of the morning. It was unsustainable and made all of us crazy. Last week I hired someone to play with her for a few hours three times a week in my house, and to come get me if there was an issue. Since she is so young, I did not want her in daycare with older kids and more germs and with less attention than I was giving her. I want to wait until she has finished her first 6 months and the immunizations that go with it.

Let me tell you, it is the best $100 bucks I have ever spent. Baby is happy, I am happy, and a college student makes more money per hour than I ever did going to college, so is also happy. I went online to care.com, paid for a three month membership, and got a list of part-time candidates who I now have at home in my handy little microsoft access database based on times they are available, qualifications, and pay scale. Most are child psychology majors, CPR trained, have had flu shots and TDAP, and have references I’ve already checked. The few continuous hours I can now devote to work without feeling guilty that I am ignoring my child are the best and worth way more than the $400 I’m going to spend per month–and a steal compared to day care centers.

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By: J. Money https://eliteedgemoney.com/which-is-growing-more-baby-or-expenses/#comment-112069 Thu, 13 Dec 2012 05:53:19 +0000 https://staging.eliteedgemoney.com/?p=30391#comment-112069 Thanks for all the discussion guys, it helps to see what works with others out there. Especially with the daycare vs homecare type stuff… I think we’re still going to give it a try at least for a month, but we’re totally gonna play it all by ear and go from there… If it sucks, we’ll take him right back out and go with Plan B… which I don’t have yet :)

My responses for y’all:

@Lance @ Money Life and More – Funny enough we thought about that just yesterday :) But a few things nixed it: 1) It would still be distracting for me while I work cuz I’d still rather go and play with him instead! haha… and 2) We’d have to make sure they were licensed/trained just in case something crazy happened… which from what I hear is hard to find, not that we have tried yet… Oh, and 3rd) We want him to be around other babies and meet start socializing :) I think that’s an important one.
@Mrs. Pop @ Planting Our Pennies – HAH! I love that actually, that is hilarious :) I think he’s having one right now too cuz he went from drinking like 5 oz a bottle to now 8 1/2!! He’s crazy tall… If we could figur out how to correlate the two on the graph I’d totally be down :) like does each inch = $1,000 or something to compare? haha…
@moneysavingmama – Yeah! We kinda do want to try it but the 3 options I listed above to Lance squashes it :( We may change our minds though as time goes on…
@Alexis – See above responses :) Though the idea of not catching so many illnesses would make up for it!
@Emily – I’m glad you caught that! I was trying to work it into the post the entire time and finally just did it at the end, haha… Ron Swanson would be all over this! :)
@Brian – Yeah!! Everyone keeps telling us that too, haha… Gonna enjoy these last few weeks/months/days until they start crawling away from us!
@Joe @ Retire By 40 – Tell your mom to come over here next!! Mine hasn’t been over in a while! :)
@Joanna @ Our Freaking Budget – Awwww, well the good thing about once they’re out is that you can then have the other side of the equation of LOVING AND PLAYING WITH THEM! Totally makes it worth it even as those numbers climb :)
@Karen @MSEnthusiast – Hehe thanks! I think we all got more out of it than him – about 10 seconds after taking that pic he started protesting pretty loudly ;)
@Linsey K – The New American Dream is awesome :) I bet I’d get along with your husband great too, you should take him to a conference one day!
@Aaron – Thanks man :) Both he and the numbers keep me entertained, haha…
@Eddie Spaghetti – We have considered it in the past since a lot of people have recommended it, but we got into the rhythm so well with disposables tha we decided to just keep going with what works. Especially since we’ve heard horror stories about cloth too – pros and cons to both it seems. Totally awesome that you and the othes are saving tons of money though! That is one of the cons to disposables for sure :)
@R J Rogers – Oh jeez, yeah that’s what we’re hearing too… But what about the socializing aspect?
@Stephanie – Yeah, we do breast feeding but not cloth diapers :) So one win and one loss, haha… As for subcategories, I don’t have them labeled out but you can check the entire online spreadsheet of them here. I list every single item :) Congrats on your new baby in the works!
@daveM – 30 years huh? Man, I can’t even imagine where he and all our future children will be/etc. But I bet it all goes by fast! :)
@Debt an the Girl – Thanks! And we hope so too :)
@Christopher @ This that and the MBA – Yes! Definitely – good point. I tend to forget how flexible hospital bills are, so if we end up getting stuck with it at least we’ll do our best to negotiate it down – thanks for the reminder! :)
@K.K. @ Living Debt Free Rocks! – Haha… I hadn’t even considered that – I like the way you think ;)
@Financial Black Sheep – Well at least for now :) Circumstances and priorities do change over time, so no need to worry about it being a now or never type deal. If you become ready for it one day you go from there :)
@Alexa @ travelmiamor – YES! Love it! Haha…
@lori – Well I do like the idea of another kid being here too – but I still have concerns about legal/liability stuff shall anything go wrong :( With daycare/etc I’m pretty sure most of that is covered… maybe that’s why it costs so much?! :)
@debtgirl – Raises are good! Especially when you’ve actually EARNED it :)
@becca – YES! Immune System Of Awesome – that’s what we want him to get too! I think I agree with you on it’s a now or later kinda thing, and I’d much rather get it out of the way now if possible :)
@Faith Helmin – REI, Inc.? Like shopping there for the kiddo? I don’t think we even have one of those near us so I guess I’m safe!

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By: Faith Helmin https://eliteedgemoney.com/which-is-growing-more-baby-or-expenses/#comment-112046 Thu, 13 Dec 2012 00:36:45 +0000 https://staging.eliteedgemoney.com/?p=30391#comment-112046 REI, Inc. will toss you over the cliff, lol.

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By: becca https://eliteedgemoney.com/which-is-growing-more-baby-or-expenses/#comment-112039 Wed, 12 Dec 2012 21:41:25 +0000 https://staging.eliteedgemoney.com/?p=30391#comment-112039 That’s a super adorable kid there!
Also: sleeping in major chunks (3-4 hours or more) is HUGE! They become VERY lovable insane pterodactyls then.

I didn’t track expenses, but 5 months is also when my kidlet started daycare (which worked out reasonably ok), so I’m pretty sure the expenses got MUCH worse around that time.
I will also say: my kidlet got lots of sniffles and one or two ear troubles, but now (at 3 years) he has Immune System Of Awesome. I think if your kid is healthy, you get the illnesses early or you get them later, but you can’t minimize the total by delaying daycare (NB: if your kid has health issues early on this is a totally different case).

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By: debtgirl https://eliteedgemoney.com/which-is-growing-more-baby-or-expenses/#comment-112037 Wed, 12 Dec 2012 21:33:33 +0000 https://staging.eliteedgemoney.com/?p=30391#comment-112037 Adorable! In my case, expenses are growing, oh wait, maybe its that I haven’t gotten a raise to keep up!

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