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11 tips for first time parents

Dec 19, 2018 | 1 year ago | Read Time: 4 minutes | By iKnowledge Team

While welcoming a new born into this world is a special journey, it comes with a multitude of precautions. Here are a few tips that will help you sail through it.

It is believed that when you bring a child into this world, your life completely changes. Though you experience a feeling of unparalleled joy, there are also a set of apprehensions and concerns in mind. There are a lot of parents who are ill-prepared, but the trick is to learn from others’ mistakes and try your best to not repeat them. As they say, ‘Prevention is better than cure.’

Here’s a list of 11 tips that will prove handy for new parents:

1.Sleep when your baby sleeps

This is the first tip and rightly so! Sleep deprivation is a reality and it is the most difficult to adapt to when a child comes into your life. It is said that babies require a good 16 hours of sleep, so make sure you get enough rest and snooze during those hours. Once you have plenty of energy reserves, you can attend to your child in a better manner and not burn out.

2.Wash your hands frequently

It is extremely important to maintain good hygiene and keep your hands clean, as young babies have low immunity and are easily prone to infections. Make sure to wash your hands or use a sanitiser before touching your newborn and take care that even the visitors coming over follow the same practice.

3.Become an expert at swaddling

Newborns like to be wrapped securely in blankets and this technique is called swaddling. This makes them feel safe and comfortable, just like they were in their mother’s womb. Try using feather-light blankets in summer and heavy ones in winter to make your child comfortable.

  1. Choose baby products wisely

Buy baby products that are hypoallergenic, fragrance-free and organic with a pH of 4.5 to 5. It is better to do a patch test, before you slather the product on your child. Try and observe if it triggers an adverse reaction and then use it liberally.

5.Don’t miss out on vaccinations

There are certain vaccinations that are compulsory and suggested by the government such as Polio and Hepatitis B, among others, that must be given. In case you have queries on other vaccines, it is better to consult your doctor and then take a decision.

6.Don’t put your baby on a strict feeding schedule

It was earlier believed that newborns must be fed every four hours after they leave the hospital. The other myth was that feeding the baby whenever he/she demands would spoil the habit and even increase chances of an intestinal infection. Today, doctors suggest that the baby must be given food whenever he/she is hungry and gives a lead.

  1. Look after yourself

It’s extremely hard for first time parents to find time for themselves but try to keep aside some time to do what you enjoy. One needs to take care of their own physical, mental and emotional needs and especially at this time, when you are still getting used to big changes in your life. Try and get as much sleep, squeeze in some quick exercise and eat a healthy diet.

  1. Buy second-hand

Having a baby makes a huge difference to your finances and it may become difficult to cope up with this change. There are some things that your baby will require for a short while, which could be purchased second hand in case you wish to.

6.Stop pressing the panic button

There might be days when your baby would barely eat and on others, when he/she would throw up after eating. First time parents generally get alarmed by anything that the baby experiences, even when it’s small. It’s natural for you to stress over your baby’s well-being but try not to press the panic button every time. It is better to stay in touch with a pediatrician in case there’s a concern. 

  1. Stick to a budget

When a child is born, there are myriad of expenses to take care of such as health insurance premiums, vaccinations and tests. This makes it important to draft a budget and take all this into consideration, so that your finances don’t go off track.

  1. Build a rainy-day fund

Even if you have an insurance in place, it is suggested that you save up some money on the side. You never when life takes an unexpected turn and either of you fall sick or there’s some other emergency. This is the best antidote for those times.

  1. Start saving early on

Once your child is born, you have the responsibility of another individual. His/her needs must be taken care of, be it food, health care or future education expenses. This is no joke and it is bound to shake your expenses. In extreme circumstances, if something happens to the breadwinner, your insurance will take care of these expenses. So, it’s best to start early on and accumulate funds to secure your child.

In case you pass away unexpectedly during the tenure of the policy, your child can still utilise the funds for his/her secure future. In fact, when you start investing in a child-fund, you are free of any worries when it’s time for him/her to pursue higher education. Besides, this will ensure you don’t have to invest in loans.

Trusted insurance providers like Aegon Life offer plans such as iMaximize Insurance Plan that also come with add-on riders, such as waiver of premium, wherein all the future premiums are waived off if the insured policyholder passes away.

Additionally, in case your child requires funds for an emergency, you can avail the partial withdrawal benefit as well.

  1. Stay away from marketing gimmicks

Earlier, parents raised their children even with limited resources and fewer baby products. Today, the market is flooded with companies that try to lure first time parents by attracting them with baby products that are completely unnecessary. Remember not to get influenced by these gimmicks!

  1. Prepare a will

It is extremely important to add your child as part of an existing will or create a trust in the name of the child, so that he/she is financially secure in case the parents die under unforeseen circumstances.

  1. Tax decisions

You have the option of investing in your minor child’s name and in case, if there’s any income attached to it, it can be clubbed with your income. This way, one can claim up to Rs 1,500 per child as deduction from his/her income.

Make sure you keep these tips in mind and take the best care of your little bundle of joy! Happy Parenthood!

II/Dec 2018/4691


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