Amazon is your best friend. Sign up for Amazon Mom (free) and you get discounts on baby stuff, including diapers, as well as free 2-day express shipping. There are many Subscribe and Save items too - basically you get a discount for signing up to get an item, like diapers, regularly. This is how I get my diapers, and it is as cheap as you can hope for. My extreme couponing friend told me about this, and you can use coupons on top of the savings for $5 big boxes.
As far as stocking up on diapers, I suggest starting with a bag of newborn diapers and a box of size ones. You can never know how fast your baby is going to grow! My son (8mo) has grown faster than hubby or I did, according to our baby books. You may decide to change diaper brands as you go along, to find what works best for you. We use Luvs. They work just as well as any other brand, in my opinion, and cost much less.
Of course, you could choose to cloth diaper, in which case you still want to have a sampling of brands to find out what works for you. CD is very in, and a good way to limit chemical exposure to your baby. I might try it with my next child.
Are you intending to breastfeed or formula feed? If BFing, will you be returning to work within the next year or less? If you're going to FF or return to work before you intend to wean a nursling, you'll need bottles, but don't buy up a bunch of one type. Baby might not like them. Instead, try out one brand at a time.
Will you bedshare? If so, you won't need a bassinet, but you may want a crib depending on when you want to transition baby out of the family bed (some people don't until baby isn't a baby anymore and can sleep in a big-boy bed.) Cribs are EXPENSIVE and as of recently, very few of them can be resold used (legally, anyways.) This is definitely something you want to ask for as a present from your or the father's parents, if they have the means.
The other big expense is the car seat. You can either get an infant car seat (usually locks into a base and turns into a carrier, holds baby up to 22lbs) or a reversible car seat (sometimes, weights vary but this type of seat will usually accommodate baby up to at least 40 lbs when forward-facing.) The infant seat may last less than 6 months if you have a big baby, or around a year with an average-sized one.
If you're interested in babywearing, you may not want or need a swing/infant seat. A sling or wrap will save your life at the grocery store, until baby is old enough to sit in the cart. I've gotten great mileage out of my stroller too, especially in hot weather.
I'm just going through those choices because I have a great deal of "baby stuff" that I don't need. I didn't even realize I had these choices until after I got all the stuff. If any of it sounds good to you, google Attachment Parenting or Dr. Sears. Or talk to meI think I'm a big pro now.
As far as what to ask for at a baby shower, people LIVE AND DIE to give baby clothes. They want to see your little bundle of joy dressed in the clothes they gave. Let them do it - baby clothes are expensive. And don't expect your child to be in the sizes at the ages they're named after. My son is growing out of "up to 12m" clothes right now. Blankets are another good shower gift. You can't have too many! Toys, too. Small purchases that would otherwise nickle-and-dime you half to death are the best.
Traditionally, you let your best girlfriend plan your shower. Anytime between now and birth is a fine time to set it! But you don't want to get caught off-guard by early labor or delivery. Find your own happy medium




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I think I'm a big pro now.
) but I voted for the peaceful tree theme. Also, I think I missed the original pregnancy thread, so if I didn't say it before, congratulations on the baby! 



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