When to Splurge and When to Save

After becoming a mommy I was shocked (or maybe appalled is a better word), at the sheer number of things required to successfully grow a human being. Dual income household or not, it’s insane how much time, money, and space is required to raise a baby. How in the heck does a piece of blue plastic (which somehow constitutes as a tub) cost anything more than the $5 it took to make it?