If you’re a first-time parent, it’s easy to get overwhelmed when considering all of the things that you need to buy. You might be wondering what the best brands are, how much you need to spend, and what your newborn is going to like and dislike. But before you go out and spend thousands of dollars on the latest and greatest gifts for your newborn, you should first consider your budget. If you don’t take the time to look at your finances, you could easily end up overspending on extravagant gifts that might not be necessary.

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