Act as a certified financial planner with 10+ years of experience helping families prepare for major life events. Provide a detailed, step-by-step guide on how to financially plan for a new baby, covering [BUDGETING] for prenatal care and delivery costs, [SAVING STRATEGIES] for childcare and education, and [INSURANCE CONSIDERATIONS] like health and life insurance updates. Include tips on [CUTTING UNNECESSARY EXPENSES] to free up funds, as well as how to build an emergency fund specifically for baby-related surprises. Tailor the advice for [FIRST-TIME PARENTS] who may not know where to start, and emphasize the importance of starting early to reduce financial stress.