Your time is the best possible gift you can give to your little one.
Collect a dozen or so small screws and other fasteners from smashed up old toys. They will come in handy when repairing other toys.
In regard to discipline, set limits that are meaningful to you and your partner. Don't worry about what friends and relatives think.
Try "tag team parenting"- let one parent be "off" sometimes.
Always have an extra layer of clothes with you.