Even though your newborn becomes your centre of attraction, it is needless to spend extra on unnecessary baby items. Also, you would get a lot of advices from your near and dear ones on what to buy and what not. The best option is to spend money wisely and according to your budget.
To start with it is always good to visit a few stores and compare the prices of the products that you are willing to purchase. For clothes it is such that whatever you buy for the first three months your baby will grow out of it. Hence it is safer to purchase those cute clothes only after your baby is six month old. You can also try clearance racks and yard sales to give you a good value for money. It is also not sensible to spend too much on costly diapers.
For other baby items such as a crib or a changer, you can visit your nearest resale shop. It is not often that you would get a great variety but your savings would definitely increase. You can be a little wise and end up giving your baby a better start than most parents would give after spending too much.