Not sure if this is a US thing or UK thing, but new parents have 'brag books' for putting photos/scrap book stuff in a pocket size album (a brag book).
Just an idea for something commercial that you may be able to get amazon feeds for or adsense.
Not a huge fan of the orguk, but may work. My advice - get a site up now (and addsense and an affiliate feed) it may make reg fee plus some. Otherwise if you wait you'll just end up paying the renewal fees and eventually letting it drop.
Sorry for being a downer - I really think you can do it! Gooooo iamrofe....