On a budget, well then console mounted basic guages are the least expensive way to go. However consider the following; For navigation, a wrist mounted compass is easier to use and the cost is nearly the same as console mounted. For wrist mounted I would go with Suunto. They have the best and most forgiving wrist mounted I have seen on the market. For the price a Mares M1 computer is about the best value out there, and in the wrist mounted version it is easier to use during a dive.
In Canada the M1 retails to about $350.00. Living in Michigan, the short drive to Canada coupled with the 1.5 to 1 exchange rate makes this unit very affordable at about $235.00 US. I have been using the M1 for the last year, for all my Air and Nitrox dives, logging about 160 dives on the unit with no problems at all. The feature I liked most and the reason I purchased it, was that night light. Sounds odd, night light, but I can turn on the light and leave it on the entire dive. I uses the same lighting system that Timex Indiglo watches use which is very very bright, and has a large easy to read display.
(Sounds like an advertisment for Mares,,, not intended)
The only draw back is the buttons require more pressure than I would like in order to activate them.
Of course don't forget the SPG, when chosing one, try to keep in mind future upgrades, like adding on a second computer, or depth guage and bottom timer. Again Suunto is modular and easily adds a computer or depth guage without replacing the housing of the original SPG.
This is only a suggestion of course, and I'm sure other divers on this board will have suggestions that differ. Bottom line is take them all into account and try to select one that fits your current dive needs, your future dive aspirations if possible, and your budget.
Above all, Dive Safe and Have Fun