As far as lightweight stoves go, I own the MSr pocket rocket, the ekticity 10$ stove, and the generic 6$ stove found on Amazon.
The 6$ stove has out-performed the other two, and has the best flame.
Use that money saved to upgrade other areas.
Between Teton and high Sierra packs, I prefer the high Sierra models. My first pack was a high Sierra Appalachian 75, and it served me well until I upgraded to a $300 Gregory baltoro.
Also check
woot.com for deals on flashlights, backpacks, knives, and sleeping bags.
I picked up a Slumber jack sojourn -20 sleeping bag for 99$. That's a 3lb down bag that Retails for 400.
I wouldn't rush purchasing anything.
Do some research. Go to rei or cabelas and shop on Amazon where you can get a visual on the things you want.
Many basic things like cookware, fuel for your stove, and camping trinkets can be bought at Walmart for cheaper than Amazon.
I'd work on compiling a list of what you think you need, then start filling out what you decide you want one thing at a time.
And honestly, you'll learn more about your needs the more you camp.