When you should be so excited for the arrival on your little one and relaxing before they come along it can be difficult when you are thinking about how you will manage money wise whilst off work.

I remember thinking about how little we would have coming in from maternity pay especially as I was on statutory maternity pay because for some reason that worked out more than my works enhanced pay!

I was also worrying about after maternity leave ended and how much of my wage would disappear on childcare. It’s hard not to think of these things and I can’t offer a magic fix on childcare, as it happens, I ended up not returning to work full time as it didn’t make sense to with what I would end up taking home after paying nursery fees but here are some ways to make money worries a little easier whilst you are pregnant.

1) If you are working and it’s available, pick up overtime. I picked up overtime during pregnancy so we had a bit extra coming in whilst I could.

1a) I also didn’t officially start my maternity leave until my due date. I saved up all my annual leave and used that before my maternity leave started.

1b) Whilst you are on maternity leave, you are still earning annual leave so I used my accrued leave before I returned to work. We didn’t have any holidays planned and I enjoyed that bit of extra time off work at full pay.

1c) If you work shifts and can pick up overtime, find out when your maternity pay is calculated from. Mine was calculated from a set number of weeks work from a certain point in my pregnancy so I ensured I picked up as many extra shifts as I could during those weeks, knowing it would boost my maternity allowance.

2) Stock up whilst you are pregnant. I know a lot of people won’t want to do this as it could be seen as bad luck but I stocked up on baby toiletries, nappies in various sizes from new born to size 3 (luckily I actually somehow did pretty well and estimating how many packs I needed in each size!), baby clothes etc when they are on offer or there are sales on. This means you are buying when they are a good price and you are still earning money and leaves less expense when you are on maternity pay.
I still buy the next size up of clothes and shoes for Lucas now when they are in the sale and put them away until needed.

3) Use local Facebook groups for buying and selling. Sell items you no longer use and on local groups, you know someone can pick up without you having to pay for postage and you don’t have any fees to pay like you would on eBay. Also use them for buying items, my friend recently got a Silver Cross cot and changing unit in excellent condition, both for £50. Buying those new would have been at least £600

4) Check your bills, can you save by switching companies or have your current company got some new tariffs and deals that may suit you better? If you are paying for a tv service, don’t automatically take their renewal quote, if need be, threaten to cancel and see how much they will take off your monthly bill then. If you have a gym membership, pause it until you will use it again. 

5) Use cashback sites. I use cashback sites for my shopping to earn cashback on what I buy, my favourite is Top Cashback. I get my cashback paid onto my Love2shop card as it earns me an extra 6% on my payout. There is also Quidco for cashback. When there isn’t any cashback available on those for a certain store I check KidStart, KidStart pays cashback into a nominated children’s savings account.

6) Joining loyalty clubs is an easy way of gaining points to spend. The Boots Parenting Club is my favourite as you get 10 points for every £1 you spend on baby products which soon add up. I save throughout the year and then they can be used for extra treats at Christmas time. The regular Boots Advantage Card gives you 4 points for every £1. 
Other loyalty cards I like are Nectar, Superdrug, Tesco, Co-op, Morrisons, Waitrose and John Lewis.

7) As a last resort if you do need some help or a short term loan, CashLady offer loans and are very upfront with their fees. I haven’t personally used them but they ensure that their customers have all the information needed before committing to a short term loan. Also, do check out the free Money Advice Service from the government

 

How to save money on maternity leave, 7 easy ways to make money worries a little less and enjoying time with baby more

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13 Comments

13 Comments on 7 ways to save money on maternity leave

  1. Laura Dove
    March 29, 2018 at 11:23 pm (3 months ago)

    Great tips! Using cash back sites is always a good one, I save lots using vouchers or cash back for big purchases!

    Reply
  2. Sarah Bailey
    March 30, 2018 at 2:46 pm (3 months ago)

    These sound like some good tips, I can’t imagine how hard the money drop can be when you have just had your baby.

    Reply
  3. Nicolette Lafonseca-Hargreaves
    March 30, 2018 at 3:21 pm (3 months ago)

    vouchers is a great tip I also used to try and buy things when there were extra points offers on loyalty cards

    Reply
  4. Bethany
    March 30, 2018 at 9:05 pm (3 months ago)

    My friends recently had a baby and she’s finding it so hard, going to pass this blog post on and I’m sure she’ll find it oh so very helpful

    Reply
  5. bavariansojourn
    March 30, 2018 at 10:13 pm (3 months ago)

    Lots of brilliant tips there. I tried to stack up on overtime whilst pregnant with my first, it came in so handy. x

    Reply
  6. Angela Ricardo Bethea
    March 30, 2018 at 11:52 pm (3 months ago)

    This post is very helpful! I just wished I had seen this sooner as I now have my little one. I will share to friends who will find this helpful.

    Reply
  7. Rhian westbury
    March 31, 2018 at 10:15 am (3 months ago)

    Saving your holiday to use at the beginning of your maternity leave is such a good idea x

    Reply
  8. Melanie
    March 31, 2018 at 2:07 pm (3 months ago)

    There are some really good tips here and the extra ££ would deffo come in handy for mums and dads to be x

    Reply
  9. Healthy and Psyched
    March 31, 2018 at 7:05 pm (3 months ago)

    I love topcashback as well! I always use it when I pay for a train ticket, and it all adds up 🙂

    Reply
  10. Globalmouse (@globalmouse1)
    March 31, 2018 at 9:17 pm (3 months ago)

    These are such great tips and I was always so happy to discover how much annual leave I’d managed to build up while on maternity leave, meaning I could extend my time off but be paid for it.

    Reply
  11. countryheartdeb
    April 1, 2018 at 12:31 pm (3 months ago)

    Great tips and i always forget to use the cashback sites. Really must start to remember!

    Reply
  12. Yeah Lifestyle
    April 2, 2018 at 5:40 pm (3 months ago)

    These are definitely great tips, I am actually sending your link over to my friend now who is pregnant and worried about sending too much money.

    Reply
  13. Candice Nikeia
    April 3, 2018 at 10:26 pm (3 months ago)

    Such great tips! I will past this post to my friends who are mommies! I need to use topcashback asap! Sounds so amazing!

    Reply

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