How do parents save up financially?

Create a need list. It should bring you to about $3,000 with the basic pram, car seat, baby cot, clothing necessities, bottles and cleaning devices. Baby tub and cleaning kit ie bodywash and cottons etc. Source for pampers & wipes promotion (pampers - bulk purchase, but keep in mind not to buy too much of 1 size as babies grow out of it pretty fast) Also include, postnatal massages for yourself and if you have the means, confinement food service for at least the first 10 days. Self care is important. Also, usually, you'll receive gifts from family and friends. And it'll help if you have a registry of gifts, so they can get what you need. Good luck!