Chicken or Egg?

What comes first?

Do I make things with the materials that I have on hand? Or do I come up with the project and buy what I need?
I think that I have tapped out my funds with Christmas purchases and other materials that I bought last month [getting excited about making things].
Now, all I know is that I need to start making my baby gifts before all my friends have their babies in the next couple of few months.
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