Personal Finance
Parenthood Hacks: How We Saved Over S$7,000 in the First Year as Parents
By Seedly  •  September 17, 2020
Raising a child is a huge financial commitment (but that smile just makes your money worries go away!).
Source: Giphy Depending on your childcare needs and individual preferences, you can easily shell out about S$15,000 in the first year alone.  However, with the hacks detailed below, my husband and I managed to cut our expenses by almost $7,000.  Here’s how you can do it too! TL;DR: Saving Money in the 1st Year of Parenthood  What My Husband and I DidCost Savings Chose National University Hospital (NUH) over Raffles Hospital $3,000 Breastfed baby$1,900 Bought diapers in bulk from online store $400 Purchased stroller from a baby fair$300 Got hand-me-down clothes$400 Purchased IKEA baby cot through Carousell$480 Got hand-me-downs for changing mat and bathtub $60...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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