a recent father for the second time, all i can say is, whatever you do with your first, you'll do differently for your second.
you may be a nervous wreck - constantly aware of ALL NOISE EVER MADE when its sleeping.
i couldnt sleep with my first son, for any noise (even a slightly heavy sigh) my eyes would open and my heart rate would raise thinking - OH MY GOD HE'S AWAKE THIS IS GOING TO BE THE WORST NIGHT EVER!
i turned into a Hulk at night. zero patients, many a time did me and the mrs have arguments (which were laughed off/apologsied prefusley away through blood shot eyes the next day). but still, the lack of sleep really does f**k you up more than you will notice!
you'll get through it though.
lots of good advice on here. second hand baby sales (cant remember what they are called) and car boot sales are a god send. not only will you spend literally less than a quarter compared to brand new stuff, you can then flog it back on ebay and earn money back in some cases (providing its kept it decent condition). or carry on the karma and give away/sell at car boot for naff all.
moses basket is pointless - we had them for both our boys (no idea why we bought it second time round). our newborn is now 4 months old and its already gathering dust, shoved under his cot.
- baby carrier - get a sturdy one that has good adjustment (so you and the Mrs can swap)
- dummies - this is a good TOOL, nothing more. we used it on our first - maybe more than we should have, but it did help! getting rid of them is a matter of timing and will power. we took his away when he was ill (couldnt breath through nose) he basically rejected it, so we took this as an opportunity to get rid.
our second doesnt really get it, cant hold it in. but we use it occasionally if he's got wind or just needs help getting back to sleep in his cot. just dont make a habit out of it.
- buggies - (or strollers as they are also known) are bloody handy. you need to find one thats as light as possible, folds up small and with decent handle reach for us taller gents.
one that can be used as a flat bed (for earlier days) and also for more upright/outward facing times saves you having to upgrade/swap later.
we didnt bother with a pram and separate buggy. waste of money and a total faff. car boot sales or ebay. we only bought one new and that was heavily discounted. (down to £70) and we havent spent more than that on one since.
- muslin cloths - really handy. whether breast fed or bottle fed, that shit stains like a mother **** when it comes back up.
- a good baby bag. cath kitson are all the rage if thats what you like. either that or any old lowe alpine style back pack is good enough. lots of pockets.
- baby wipes. shit loads of baby wipes. handy for cleaning the black stuff off babies back side and also for chainsets
- infacol/gripe water. your baby will probably have wind, so have this on standby just in case. nothing worse than a baby with wind that cant be settled/burped.
- calprofen/calpol - also useful if needed.
- make time for you and your mrs - i'm guilty of not doing this - its a big gesture to take the reigns for a night or 2 and do all the motherly things (except breast feeding if it applies)
i've tried to keep my advice as practical as possible - i wont bother telling you how to treat your child, thats up to you. just make sure it doesnt grow up to be a little s**t.
oh, also, make a check list of things to take out the house for your baby and stick it by the door. nothing worse than being caught out with a nappy full of shite and no wipes - especially if the nappy leaks
so much more advice to give, but to be honest, you'll learn it all yourself anyway. and if you go on to have another, you'll be laughing at the way your were with your first!