Raising Multiples on a Budget
Its been said that raising one child up to 17 years of age in today's world will range anywhere from $135,000 to $270,000. Then, add another $20,000 to $150,000 for attending a 4 year university.
This adds up to almost a half million dollars per child! Add another or another or another child to your family at the same time and its overwhelming to think on how you can raise your multiples at a comfortable level. The good news is that it is possible not to break the bank.
Below are some of our favorite tips on saving money while rasing multiples, but we're counting on experienced multiple moms to e-mail us if you know of more we should add!
Buy in Bulk
Fortunately, in most areas, you may find a Sam's Club or Costco near you offering the best prices in standard diapers, baby wipes, baby laundry detergent, and formula. For example, Costco Kirkland Infant Formula Fortified with Iron is $.23 per unit cheaper than the leading brands, Similac and Enfamil.
And, not to worry about whether the less expensive no brand version contains has less nutritional value, all brands contain the same basic necessary ingredients. If a wholesale wherehouse is not near you, find the best prices for the big ticket items and buy two or three of that item at one time.
Contact Companies for Money Saving Coupons and Complimentary Products
There are many companies that are multiples family-friendly and offer anything from free products, to coupons, to discounts on purchasing their products. The only catch is that most require a short note with your request and a copy of your children's birth certificates.
When do you have the time to do this? Take 15-20 minutes in between feedings or ask a member of your family or friend to take on this task. You will be glad you did. For a listing of a few companies offering a multiples program, please refer to the Resources page on this website.
