Free Baby Expense Budget Templates

Download the Free Baby Expense Budget Template to help you plan your baby budget easily. You can also explore more similar choices in our Personal Budget Templates and Monthly Budget Templates Collection.

The most important thing in our life is the need or requirement to become a parent so that we can feel what it is like to have a baby of our own. There is indeed nothing more beautiful than a baby smiling. If you are planning to have a baby or are already pregnant, you should also consider the cost. You may think that babies are cute and you should have one, but you should also consider the fact that it makes a difference in your monthly income if you have a newborn baby. This is why you must prepare a baby expense budget, whether you are already a parent or planning to have a baby.

Types of Baby Expenses to Consider for Budgeting:

When it comes to babies, especially newborn babies, they need a lot of stuff that you may think isn’t important but in reality, everything you buy for a baby is important in its way. When we talk about baby expenses, there are two types: one-time and monthly/ongoing expenses. Onetime expenses are the expenses you need to make only once when you become a parent, whereas ongoing expenses are the expenses you will make now and then, i.e. every week or month.

Onetime Expenses:

These are the expenses that you make only once i.e. before or after the baby is born. This includes decoration of the nursery or remodeling of a room for the baby, buying a crib and car seat for the baby, changing table, baby monitor, bathtub for the baby, bottles to feed the baby, breast pump for nursing purposes, diaper bag, stroller, and baby carrier.

Ongoing Expenses:

You will be making these expenses for a long time after your baby is born. There are some ongoing expenses that you will only make once a year i.e. checkups with the doctor without any illness or ailment and there are also some expenses that you will make twice or 4 times a year. On the other hand, there are more common expenses that you will make once or twice every month i.e. buying diapers for the baby, buying clothes for the baby, expenses of food i.e. cereal and formula for the baby, toys, and insurance payments for your baby.

You can see that these are the expenses you will need to make for a long time after becoming a parent. For example, until your child is at the age where he can pee by himself or at least he can tell you that he needs to go to the bathroom, you will need diapers for him. In this manner, this category also includes the medical expenses that you will be making. This is because babies get sick more often and when it’s your baby, you can’t risk going to a cheaper doctor, and experienced doctors cost more money along with the expenses of buying medicine for the baby.

Here is a preview of a good-looking and comprehensive Baby Expense Budget Template created using MS Excel by my staff to assist our visitors.