Spread the Cost: Ickle Bubba Offers Interest-Free Credit Option

08/03/2018

There’s no two ways about it, having children is an expensive business. From nursery fees to school trips, clothes, toys and all the other essential paraphernalia that kids need, bringing up a baby is a major drain on any family’s finances. While it’s possible to avoid the hype over must-have products and keep costs to a minimum, there are some unavoidable costs, especially in the early years.

Research carried out in 2016 by the Centre for Economics and Business Research (CEBR) suggests that the average cost to bring up a child to the age of 21 is £231,843. The majority of this cost is devoted to education, including school uniforms, packed lunches and potential university fees. Childcare, food, clothing and hobbies are also all accounted for.

With such an astronomical figure as the UK average, the relatively small amount that expectant parents need to pay for baby essentials such as car seats, prams, cots and highchairs may seem insignificant, but this can still be a big outlay before the baby is even born, and many parents-to-be admit to worrying about the impact on their financial situation.

Top Tips for Saving

If you’re currently expecting a baby or planning to expand your family in the near future, there are lots of ways you can make savings so that the inevitable extra outlay doesn’t place such a strain on your funds. Not all of these suggestions will be practical or possible for every situation, but even small changes can make a noticeable difference over time.

  • Consider pre-loved: Although we wouldn’t recommend getting everything second-hand – car seats, mattresses and certain other items should always be bought new – there is plenty of scope for making big savings by choosing used baby items. Toys and clothing, for example, are outgrown in no time, and have plenty of life left in them. Return the favour by passing on again once your own baby has no more need for them.
  • Plan for the future: Many expectant parents worry how they will cope with a reduced income while the mother is on maternity leave. If you can, plan in advance how much money you will have each month, and whether you need to make any additional savings in order to afford the time away from work.
  • Make the most of samples and offers: There are often samples and money-off coupons available for lower-cost baby items such as nappies, toiletries and food, so make sure you’re making the most of these. Many brands offer ‘baby clubs’ where you can sign up to receive free samples, and make some useful savings.

Easing the burden for new parents

At Ickle Bubba, we understand that a new baby can bring many stresses, and we want to make it easier for parents as they make those first few important purchases for their child. That’s why we offer an interest-free credit option on selected Ickle Bubba products, giving you the opportunity to spread the cost of your purchase without paying more. Provided in partnership with DivideBuy, there are no hidden fees; the price you see on our online product page is the overall price you pay, whether you pay the full amount upfront, or split the cost over 3, 6, 9 or 12 months.