You'll probably want to invest in something a bit higher in quality. Over the long run, it'll probably be more economical anyway. The great thing about this sport is that you can make it as cheap or as expensive as you want to. My fishing partner uses one set-up all season, every season ....telescoping Shimano Exage rod, Stradic reel and PowerPro line with split shot, lighted Panasonic float and size 2 Gamakatsu octopus hooks. He's the prototypical minimalist, no lures, nothing fancy, not even a landing net. He's managed to consistently land 6-7lb bass, 10+lb walleye and the occasional pike/musky every season with nothing but this setup. The only money he ever spends is on hooks and gas. Granted, the set-up's not that cheap (the floats alone are $20), but it goes to show that quality lasts and simplicity is versatile. I, on the other hand, have spent over $600 on fishing tackle this year and have not caught any more fish. So, just be warned what you're getting into. Fishing is a sport that can be heavy on the wallet, and people like my fishing partner are the exception more than the rule. But I digress. Go and spend some decent money and get yourself a set-up that will give you good service for a few seasons.