Small room, small budget, short time! We're adopting our little girl, and didn't find out about her until 3 months ago, so time was short to create the nursery we want for her.
My inspiration was Chloe's nursery which I found here on Project Nursery. I loved how the pink looked with the black and white, but really tried to mimic the brownish/ gray color she used on the walls that did not have wallpaper. I didn't want to paint every wall pink, and love the way all these colors worked together.
Entirely depends on the moment. :)
I tinkered with most every item purchased for this room. I recovered the glider and ottoman with fabric I purchased online from Fabric Warehouse, and added extra ties to the bumper with the leftover fabric. The curtains were plain white panels that I added the polka dot fabric too, as well as the ribbon trim, purchased from Hobby Lobby. Since I couldn't spring for actual artwork, I found pictures I liked online, printed them on a laser printer and colored them in with colored pencils and framed them myself. I made the headband and bow holders, as well as the Sophia letters above crib from more items found at Hobby Lobby.
I think I'd have to pick the glider and ottoman, really pleased with how they turned out. I wanted them to later be able to transition anywhere else in the house when Sophia outgrows them.
I just picked my color scheme and went with it. You can find a LOT of inspiration here on Project Nursery. If there was something I wanted that I either couldn't afford or couldn't find, I made it myself. Definitely check out stores like Michael's and Hobby Lobby, just walking around there can give you even more ideas.