Our Financial Story: We’re Expecting

It’s Positive

Previous Post: Single Income, No Kids

On August 12, 2009, our lives were completely changed. I took a pregnancy test which was positive. We were thrilled! We had talked about children from the beginning of our marriage and our future children were a large part of our motivation for living a debt free lifestyle and living solely off of John David’s income.

We had our first appointment on September 8, 2009 and were able to see our teeny little baby for the very first time and hear its heartbeat. What an amazing experience that was, I don’t think that feeling will ever be forgotten.

When most people find out they are expecting, they begin worrying about the cost of a baby and ironically they also go out and start shopping for the baby. We did neither. We knew that a baby wasn’t going to effect our finances much since the real reason behind our lifestyle, living off of one income, was in preparation for children and we didn’t buy into the notion that baby needs the latest and greatest of everything.

We decided to not make any frivolous purchases for our baby since we knew we would have baby showers and wouldn’t need much. After finding out that we were having a boy, we purchased our first baby item, a sweet little outfit, using a gift card! John David’s parents purchased our crib, my parents purchased the dresser, we were given a changing table and decided to use the rocking chair we already had instead of a fancy (and more comfortable) glider rocker.

We made the decision to cloth diaper for both environmental and money saving reasons. In late December, I purchased a few cloth diapers to test on my niece to get a feel for what it is like to cloth diaper a real baby. (I spent a grand total of $50, using money we had been given for baby.) We were given 8 cloth diapers at a shower and I won a $100 gift card to a cloth diaper store which completed my diaper stash.

We were blessed with everything we needed and many things we wanted for our son. (And if we hadn’t been blessed with gifts from family and friends, we are confident that we wouldn’t have been financially set back because a baby was on the way.)

Our sweet babe just a few hours old

On April 16, 2010, Paxton Graham, arrived and when we first laid eyes on our precious babe, we knew that the small sacrifices we had made during the previous years were completely worth it!

Next Post: Stay at Home Mama


responses to “Our Financial Story: We’re Expecting” 7

  1. I've been reading your blog for a while now and don't know that I've commented. I wanted to let you know how much I'm enjoying this series! Thanks so much for sharing!

  2. I love that when you receive a gift card you save it and use it for what it was given for! I struggle with that. If we get a Target gift card it gets used almost instantly. I try to tell myself by using it for TP and other items I can use other money for what it was originally intended for but that never happens! I'm sure it all works out in the end but sometimes I just feel like we "waste" them.

    1. I try to use the gift cards that we're given for the boys, on the boys. However, if I do use it for something else (like toilet paper in your example), I'll take cash from our miscellaneous budget and put it in a 'baby' envelope!

  3. We are Dave Ramsey followers here too but in your post you mentioned not worrying about the financial part of having a baby and I do not agree. I do not think raising a baby is much of a cost yet (breastfeeding, cloth diapering, ect…) but some people still have to pay $10,000-$15,000 AFTER health insurance to have a baby. So, a one family income like ours, taking home $31,000 a year having a baby is not something that is worry free. Especially since it costs more then a new car!

    1. I was referring mainly to the stuff that people think is necessary for babies. I find it ironic that people will say babies cost so much and then they're out shopping for baby almost as soon as they find out! My children have cost us almost nothing in terms of stuff {thanks to gifts, secondhand, etc.}. You do have a good point, it is very expensive to have babies sometimes due to medical bills. When Paxton was born, we had a HSA that we used to pay for our expenses so it wasn't directly out of pocket and with Weston, we had decent insurance but still paid $180 a month plus had a couple $500-800 medical bills at the end so it did impact our finances. {But the total cost was around $3,000-4,000, not anything near $10,000-15,000!}

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