What is the most expensive thing you own?
Going first, for me it is my Apple Watch Ultra (with Blue Ocean Band). I paid Rs. 1.05 Lacs for it but still the best investment I have ever made
my kid.
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?
I your wife is earning ask her to chip in.. If not then maakeher understand that is not about money but more about worthiness....
She is his wife which means his family. Will one ask their mom to chip in? But no, men still see wife as a separate thing from their family, but his parents are their own. Does he husband chip in when the woman carries the baby for 9 months, delivers through surgery or natural, has to get stitches down there, spent months recovering?
Would have cared to explain but you reply seems more as a rant and frustration rather than a perspective... Please think as you please...
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.
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.
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.
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.
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 👶!
Going first, for me it is my Apple Watch Ultra (with Blue Ocean Band). I paid Rs. 1.05 Lacs for it but still the best investment I have ever made
my kid.
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