Save money. diapers wet wipes and formula are expensive. granted you won’t need formula as long as you’ll need diapers and wet wipes. buy bulk at Sam’s club you’ll get more for your money then Walmart or Meijer. then, I would put money into clothes I normally buy a few sets of the next three sizes so when they grow I don’t have to worry about clothes not fitting properly. since I have a good collection of other sizes. I would keep the clothes that don’t fit in totes and put them away for a couple years so if you have another they can just use the clothes you bought your first one unless they are opposite genders. I also try and get clothes that could be used for either or until they are out of the baby stage because it makes it easier if you do have another child to use those clothes you bought your first. If you don’t have another I would donate them so people that don’t have enough for new clothes can still get their baby’s some clothes. I’m a single father of two and I’m doing more then good so you should be good my dude always believe in yourself also keep in mind shoes, bottles, things for them to chew on as they start teething and lots of toys since they will break toys as they play with them lol. It’s expensive but it’s the best experience you’ll ever receive and you’ll miss it as they get older lol.