Here's my two cents. If you want to get in cheap and still buy a quality welder make it an arc welder. Sure, it's a little bit of a trick to be able to strike an arc and make a decent bead. A wire feed on gas is a lot easier for the beginner, but arc is easy enough to learn and it IS worth learning. MIG is easier to learn only because everything you see in the weld puddle is metal. With the arc rod there's molten flux that tends to hide what the weld metal looks like. But there's a number of pluses to first buying a cracker box AC arc welder.
1. It's far cheaper to purchase. Nice, used AC welders are common. Also there's a lot of cheap rod for sale. There are no "consumeables" to buy, like tips and etc., all you buy is rod. If you can find a single phase 230 V. with a Polarity Reversing Swith buy it! With that you can even arc weld aluminum. They're around.
2. You can weld cast iron, hard face, cut with a carbon arc, and a number of other things that can't be done [or requires special wire/gas and etc.] with a wire feed. Check out what it will cost to buy a tank of special gas for stainless steel and the roll of stainless wire! I own them, but usually don't go to the trouble of switching things over if it's not a big job.
3. You will NEED an AC arc welder even if you have [or later buy] very nice MIG and TIG machines.
4. You can weld really rusty or painted steel [and still get away with it] useing a 6011 rod. MIG requires clean metal.
5. You'll run into places that you can't get the cup of the MIG gun into to make the weld. The thin arc rod saves the day.
6. MIG is not the welding method of choice if you are making a leak proof weld. I still use an arc rod if I'm making a gas tank.
7. The money you save will go a long way to buying a oxy/acet outfit. That's another thing that [In My Not So Humble Opinion] you WILL definately need if you wish to build things. I occationally weld aluminum with the 'torch'. In fact, if you are building aluminum auto bodys you should not use TIG [HeliArc]. The panels will later crack. You will also need to be able to braze things, heat up things and a lot of other stuff.