A–Z Glossary

Contingency fund

A contingency fund is money reserved to cover unexpected costs or changes in a baby's needs.

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Budgeting for baby products

Budgeting for baby products

Start with a realistic spending map Begin by listing expected purchases in two columns: one-time setup items and recurring costs. A stroller, infant car seat, cot or bassinet, changing surface, and initial clothing supply may be purchased once or replaced only as your child grows. Nappies, wipes, feeding supplies, formula when used, laundry, toiletries, and […]