Hi Alexis and welcome to BB

The only thing i can say is no-one ever (that i've spoken to!) feels like they are in a perfect position financially to have a baby. We rent our house, we have some savings, but not a massive amount.
I have found for us personally that budgeting is not much different to before we had kids. We pay all our bills and save what we can. We also don't really go out as often as we used to, but we make sure we go to the movies together once a month.
I haven't really helped that much lol, all i can say is we have always made it work financially, i wouldn't give up my family for the world

Good luck xxxxxxxxxx