Hi Kim
I had a moses basket and a cot, Katelyn was in the moses basket for a total of 7 weeks!! She went into the cot in her own room from then on.
You don't have to have a moses basket, it's nice though as it's very portable. She used to be in it downstairs for most of the day and then I would take it up to my bedroom at night.
You could also use a carry cot? If you are getting a pushchair with one with it?
Hope I've helped a bit?!
By the way, I brought mine for £20 out of the Friday-Ad (local free-ads paper), then just brought a new mattress, so you don't have to spend a fortune!
Love Jules xxxxxxx