I turned for the first five years with a 40's vintage bench top Delta lathe and set of Sears tools that I got for $80 for the lot plus a $10 garage sale bench grinder for sharpening. Learned a lot about holding wood with only one faceplate and one drive center. I did think this was a case where the "starter set" was worth the investment despite lacking quality, though it did have some oddball tools I never really used. Turning with inferior tools beat not turning.
Spent somewhat more since those days even though I use the lathe a lot less now . Hope to get back to it once I shake the day job.