How to have a baby on a budget JODIE MCEWEN July 6, 2012 Relevant offers Times are tough - the financial crisis that's gripping the world doesn't look like it's going to end any time soon. Raising a family obviously takes money, but how much does it really cost? To a large extent that's really up to you. Having a baby costs as much as you want it to. If you want a new nursery wing on the house, a pram that costs as much as a small car and a mini-designer wardrobe, go for it. Spend your money and enjoy living the dream. As in everything in life, there is a difference between wants and needs. Young babies have very simple needs. They need warmth and shelter. They need milk. They need cuddles and love so they can thrive. As my Nanna likes to say, "The rest is just window-dressing." So if you're planning a baby, or enjoying a new one, and your budget could do with a little bit of consolidation, here's some tips to help. Beg and borrow If you have a friend whose baby has outgrown the bassinet, borrow it for the four months you're going to need it. Is there a cot in the family? Perhaps even the cot you slept in as a baby? Always check that equipment is safe and complies with national safety standards, but using second-hand items makes great financial and environmental sense. Save your money for a new cot mattress,