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How to Save on Baby Products

Many baby and toddler products, from infant car seats to bassinets and baby carriers, are designed for a limited time span of your little one’s life. But babies grow really fast. Just as the older folks tell you, in a blink of an eye, your new bundle of joy will be sitting up and crawling and then walking and talking.

So, given how much baby gear costs ($7,385 on average during the first year, according to the book Baby Bargains), watching your child quickly outgrow the limited-use products you so carefully selected can be frustrating, not to mention a strain on your budget if you have to then buy another whole set of age-appropriate gear.

The good news, however, is that there is a way to potentially cut such costs: Opt for convertible products from the get go. As I’ve mentioned before, it’s now increasingly possible to find multi-stage gear that will grow with your child (and family), including cribs that turn into toddler beds and strollers that shift from newborn to toddler mode.

However, the multi-stage gear trend is extending way beyond just cribs and strollers, as more and more baby gear manufacturers roll out products that transform from those appropriate for infants to those appropriate for toddlers and even older kids.

In fact, earlier this month, at the baby gear industry’s big trade show, the ABC Kids Expo in Las Vegas, the multi-stage, multi-function feature was one of the major trends evident across baby gear categories, from car seats to crib accessories. Here’s a look at five baby product categories beyond cribs and strollers where there’s now convertible gear.

Crib Mobiles. Parents are supposed to remove mobiles from a crib once their babies can sit up, or push onto all fours, and reach the device. This means that mobiles typically have a limited usefulness span of about four or five months, assuming you don’t opt for one of the newer designs that convert into some other useful product.

Tiny Love, for instance, now offers a $70 mobile that turns into a lamp, and new for 2015, the brand is rolling out a Peek-A-Boo Mobile that transforms into a floor toy. In November, meanwhile, Fisher-Price will begin offering a $24.99 3-in-1 Musical Mobile that converts into a musical owl toy.

Car Seats. The days of having to buy multiple car seats and boosters for different stages of your child’s life may soon be a thing of the past. Graco, for example, now offers a 4-in-1 car seat (the $299.99 4Ever All-in-1 Car Seat available at Babies “R” US) that transitions from a rear-facing infant seat into a forward-facing car seat and then into two different booster stages. In other words, it can last for the first ten years of a child’s life (or at least until a child weighs 120 lbs).

Mealtime Seats. Many gear makers are introducing mealtime seating options — think high chairs and booster seats — that also work as infant and toddler floor seats.

At the ABC Kids Expo, Delta Children, for instance, showed a 5-in-1 high chair that transforms into a booster and floor seat. In January, meanwhile, Bumbo will begin offering a $44.99 three-in-one product that transitions from a traditional Bumbo infant floor seat into a booster seat.

Potties. It’s also now possible to buy toddler potties that work for various stages of potty training and that still can be useful once your child is fully trained. Early next year, for example, Ubbi plans to begin selling a $39.99 3-in-1 potty that turns from a potty into a small stool and a cover that reduces the size of regular toilet seats. Elsewhere, the First Years sells a 4-in-1 potty that also turns into an adult toilet seat top and a step stool.

Nursing Covers. Finally, a number of nursing cover companies are coming out with designs that work as much more than nursing wraps, so they can still be useful once the breastfeeding stage is over. Itzy Ritzy, for instance, sells $25 nursing covers that double as infinity scarves, while the PunkinWrap nursing cover ($48 with some accessories) is designed to also work as a blanket, portable changing pad and toddler yoga mat, among other functions.

Of course, whether these items really are worth the money will depend on whether you can use and need what they transform into, especially considering that the convertible products can come with higher price tags than their limited-use counterparts.

So, if you don’t envision needing a separate lamp for your child’s room or an extra stool around the house, you may be better off just buying a basic mobile or potty. Along the same lines, if you really just need a simple and frugal booster seat that can work as a space-saving high chair, then the more elaborate convertible high chairs may not be worth the expense. Similarly, if you don’t need a new infinity scarf or changing pad, a large scarf or small blanket you already have around the house can fill in as a very frugal nursing cover.

It’s also worth noting that some baby product manufacturers not making the convertible gear say that multi-stage products may not be as perfectly designed for each stage of a baby’s life as products just focused on a particular stage. For instance, car seats geared just toward infants can be easier to remove from cars than longer-lasting seats designed to be rear and forward facing.

Lastly, before opting for any convertible products, you’ll want to consider how much wear and tear baby items tend to get in your house, because a piece of convertible gear really only is worth the money if it will hold up for the long run.

Would you recommend convertible baby products — why or why not? What multi-stage baby gear categories and items did I miss? Share your experiences with multi-function baby and toddler gear below.

More from U.S. News

10 Quirky Ways to Save Money

12 Habits of Phenomenally Frugal Families

12 Money-Saving Ideas for New Parents

How to Save on Baby Products originally appeared on usnews.com

Don’t Settle for Student Loans to Pay for Online Education

Online college programs are becoming a more popular choice for prospective students, with one study finding that more than 6 million students enrolled in at least one online course in fall 2015. The popularity of these courses can be attributed in part to their flexibility with working adults' schedules, students' ability to progress more quickly through online programs and, oftentimes, cheaper tuition. [See 10 low-cost online bachelor's programs for out-of-state students.]Online degrees can be beneficial to many college students, but some studies have shown online learners complete their programs at lower rates than students at traditional brick-and-mortar campuses. Individuals with student loans but no degree comprise two-thirds of defaulted borrowers. Though these numbers are not encouraging, just like for traditional programs, there are ways to reduce how much you'll need to borrow for an online program to ensure you won't become one of these statistics. Don't just settle on borrowing student loans to cover the whole cost of your program and living expenses. Instead, start thinking about how to cut costs and cover your balance in different ways, such as the following. -- Grants and scholarships: Even though you are taking an online course, you can still apply and receive grants and scholarships. But your first step should be to complete the Free Application for Federal Student Aid, commonly referred to as the FAFSA, which will allow you to receive a Pell Grant if your expected family contribution is low enough. The EFC criteria and award amounts are adjusted annually, but the 2017-2018 academic year awards range from $606 to $5,920, which could significantly lower the amount you borrow annually. Your next step is to apply for scholarships. You can start by checking online scholarship search engines, such as the Salt Scholarship Search, College Board's BigFuture and Peterson's. But don't forget to take advantage of local organizations and your school's financial aid office. Both may offer scholarships that you can't find with a national scholarship search. [Review these 10 sites to kick off your scholarship search.]For instance, organizations like the Elks Club, Knights of Columbus or the Rotary Club typically offer scholarships annually to local students. Just because you're going to school online doesn't mean you're ineligible. Visit your local library for scholarship listings, and ask around town. You might be surprised how many local organizations offer scholarships. While these scholarships typically aren't large, every little bit counts. Each dollar you receive in a scholarship is a dollar you don't have to borrow and pay interest on. -- Work-study: Another option for online students may be work-study awards. Not all students enrolled in online programs are eligible, but students at some schools -- including, for example, SUNY Empire State College and Liberty University -- are. Work-study awards are not given upfront like scholarships and grants. In most cases, they are an offer to earn up to the awarded amount if you secure an eligible work-study job. While there is a misconception that all work-study jobs must be on campus, students can work for off-campus, nonprofit or public employers as long as the work is in the public's interest. You may be able to work for a for-profit employer if the job is relevant to your course of study. No matter who the outside employer is, it will need to have an established agreement with your college for you to receive work-study funds. Remember, to be eligible for federal financial aid, you must be enrolled and pursuing a degree or certificate. If you're not working toward a credential, Pell Grants and work-study won't be option, but you may still be able to take advantage of private scholarships -- just be sure to read the eligibility criteria carefully. [Explore what to know about financial aid in online programs.]-- Pay as you go: One of the great benefits to enrolling online is the flexible schedule, which can allow you to complete your college coursework around your responsibilities. But prospective students often overlook using their part- or full-time job earnings as an option for paying for college. Almost 80 percent of college students in 2015 worked at least part time while attending classes, according to the National Center for Education Statistics. By budgeting and thinking strategically about your college costs, you can likely reduce your dependence on student loans by paying a portion out of pocket. Many -- but not all -- online programs are less expensive than traditional programs and often have shorter payment periods. Six, eight or 10 weeks are common course durations. Because of the frequency of payments in an online setting, you may be well-placed to pay as you go and possibly avoid borrowing altogether. Attending college online and avoiding student loans may be challenging, but if you are willing to put in the effort, you can limit the amount you need to borrow. More from U.S. News Q&A: Understanding Student Loan Discharge Eligibility Student Loan Refinancing Isn't Right for All Borrowers
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