I'm trying to work out how much money we need to save for the one-off newborn baby expenses. Once I have a figure, I'll work out how much we need to start saving each week.
This is our first baby so we need everything - nursery furniture, pram, car seat, clothes for baby and clothes for me. We also need to save for our obstetrician but I'll work that out separately.
I was thinking maybe $5000 not including medical expenses - does this sound realistic?
How much is everyone else planning to save? Any tips from second-time mums would be great!
I know it depends on what you buy, and I'm planning to cut costs where possible - Ikea furniture, or second hand, but it will still cost money! The list in my pregnancy book of 'essentials' is pretty long.
Thanks everyone and hope it's not rude to ask about money on the forums!