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Basically, tribal is a good way to go. Affinity without Tez 2.0 is nice and cheap too.
EDIT: bodul beat me to it.
Legacy Competitive
BUReanimatorUB
RUSneaky ShowUR(Dismantled)
GBUReanimatorUBG(Retired)
(Pre-Mystical Tutor Banning)
{RIP:July 1, 2010}
Legacy Casual
UWBag Of TricksWU
GWEnchantressWG(Budget/In construction)
WSoul SistersW
Legacy Casual - Retired
UBT.E.S. - The EGG-pic StormBU
BGrave ExistenceB
Sig by Me =)
Merfolk and Goblins however are a good way to get into the format because it tends to be good to have more than one deck.
http://forums.mtgsalvation.com/showthread.php?t=280259
this should answer all your budget deck questions.
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