GigglyBurrito

How much on money speny on baby is too much

Hi, recently we had a baby girl 👶 and are ovet the moon and enjoying our early parenthood.

I have noticed that we have been a lot of money on things (toys, dresses, accessories etc..) ~1lakh till now.. 20k for clothes, other accessories ~70k (crib, car seat, stroller, dining chair, baby carrier, breast pumps etc etc..) during these initial days..

All products in baby category are super expensive (talk about muslin clothes) and kids quickly outgrow them, making them irrelevant (our daughter is just 20days old and whatever the rompers we got for newborn is already to tight for her).

How do you convince your wife that something is too expensive and not worth to buy? Whenever I have given hints on this, she mentions that you spend money on this and that and we shouldn't "kanjoos" when it comes to baby👶.. My wife is not ready to buy second hand items or use items from relatives (at least things like accessories not clothes).

I can easily afford all this (>1cr CTC), but when do I start things about spending excessively?

6mo ago

3.1Kviews

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ZippyMochi

Stealth6mo

Inflation is a bitch. You will need more money down the line for education and other expenses. Best to be conservative. You never know when calamities unfold.

I hope you have a decent sized emergency fund at least.

GigglyBurrito

Arcesium6mo

Yes. No issues on financials. By god's grace. 🙏

ZippyMochi

Stealth6mo

Great. Might still be a good idea to at least try and fix a monthly budget maybe.

SqueakyKoala

Stealth6mo

you’re earning more than 1cr and spent just 1L on your child and think thats too much? Would you be asking this question when buying a 35L car? That one day its not gonna be used anymore so lets just buyan i20. Why in the world you wanna buy 2nd hand items when you are earning 1cr! Firstly in new born babies risk of infection is too high. What do you wanna do with all your money if not give the ammenities to your kids. 1L is nothing, I have seen people spend that much in one go on a birthday party. One day everyone is gonna die and all the money that one keeps saving will be used by others.

GigglyBurrito

Arcesium6mo

I think many of the items are of luxury and not a necessity. Can easily save money. (We kind three types of breast pumps: hand pump, simple electric for dual side and a hands free one. ~10k in total. You see the point?)

Both of us are born in middle-class family. I also worry that, when we go to her parents' home after few days, she may keep same expectations and my in laws aren't that rich and they are too proud to let me pay.

SwirlyUnicorn

Epam6mo

You buy an expensive shirt and then say i dont like the fabric

GigglyBurrito

Arcesium6mo

Uno reverse card.. I like this idea!

SparklyPenguin

Stealth6mo

Wait till she gets to pre school and school.

It’s just 20 days . You have become a parent ! and for a mother it is bound to happen. (Especially if you spent lavishly pre kid as well).
What are you earning for if not this. But yes, maybe buy 1-2 sizes bigger to fit for next few months of that helps.

GigglyBurrito

Arcesium6mo

We always planned for two kids.. hope we can preserve and get to most of the items for 3-4yrs and use it for next baby 👶!

GoofyDonut

Stealth6mo

Congratulations!

How have you not signed her up for JEE/NEET coaching yet! Don't delay, you're late as it is /s

GoofyDonut

Stealth6mo

On a serious note, do check the item qualities, a lot of these are way overpriced, and designed to not last very long. Loose, long lasting clothing over a fancy looking use-and-throw one, well, unless she's already an "influencer" on socials.

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