April 21, 2014 03:00 PM

Laura Cavanaugh/WireImage

At five months pregnant, Savannah Guthrie is already learning about the wonders of maternity wear.

“I did discover maternity jeans, and I’m going to be writing a song to maternity jeans later — it’s forthcoming off my upcoming album — called ‘Exhale,’ ” she joked to PEOPLE at The Hollywood Reporter’s 35 Most Powerful People in Media party Wednesday.

Sure, stretchy clothes are a pregnancy perk, but the Today show host knows the child she’s carrying is the real blessing.

“I just can’t wait to meet this little baby. I wonder all the time, ‘Who are you?’ ‘What are you going to be like?’ ” she said of her first child, due in August. “I just feel it’s such a privilege to get a chance to raise a little human being, and I hope we do it well.”

Guthrie, 42, married Michael Feldman in March during a quiet ceremony. At the reception dinner, she shared some breaking news with the guests: The couple had been secretly expecting a baby.

Now, a “happy and at peace” Guthrie is experiencing being a newlywed and mom-to-be at the same time — and she’s loving every minute.

“I’ve been with Mike for a long time, and we’re really, really close,” she shared, “but being married just feels solid.”

— Michele Corriston with reporting by Jeff Nelson

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