Buying furniture for little people can be a serious investment, and sometimes it's hard to justify dropping a large amount of cash for something that is only useful for a few years. That's why I love cribs that can serve multiple purposes, like this Gro 5 in 1 Companion crib. Besides being a crib, there are options to turn it into a toddler bed (shown above), day bed, play table, or desk. All that and it assembles in under 2 minutes with no tools needed. Thats smart. Gro 5 in 1 Companion Crib $999 - $1,390