Thanks for all the replies everyone. My plan was to buy everything after I got certified and now I'm just trying to figure out if renting is a better option especially if I don't know how often I'll be doing it.
Knowing that I don't need to worry about deco times on guided tours is nice, I shall just rent a computer for 8.50 instead.
Part of me just wanted a shiny new toy but I don't want to have any regrets.
I get the feeling that you took a course that taught you to use computers, but you are thinking of diving without one--and without tables as well. I have the feeling you do not have tables either, and you don't know how to use them. Your comment about not needing one on a guided dive is where I feel concern. You always need to have some way of measuring your dive so that you can ascend safely. If you are not using a computer, you need tables.
If you are doing a guided dive, you may be in trouble if you are using tables. I got certified and learned to use tables in the process. Then I took my first dive trip, which was to Cozumel. Being newly minted and not too bright, I did exactly what the DM said and followed him on a very nice, multi-level dive. Back on the boat, I whipped out my tables and saw that according to them, I should be dead. I was hoping to do what I had been taught in my class, but I was so far off the tables that I couldn't begin to use them. When the rest of the people on the boat saw me with my tables in my hand, there was general amusement. "It makes a decent Frisbee," one of them said. I bought a computer at my first opportunity after that.
That was back in the last millennium, and computers are even more the norm today. I have no qualms about using tables for certain dives, but they will be useless to you if you are following a DM on a multi-level dive. You will violate the NDL every time.
So you are just planning to follow the DM, are you? Why not? After all, the DM has a computer. You might do just fine doing that. I suspect a number of people do it.
On the other hand, you might not. The DM is not doing exactly the same dive as you, and if he or she goes close to NDLs, you might be over them. In my observation, many and possibly most new divers following a DM swim deeper than the DM because the new divers swim in a head up position and can see the DM easier that way. That can make a big difference. I have also on several occasions had guided dives where we had a different DM for the second dive, and in every one of those occasions, the second DM would have taken us into deco if we had not used our computers to override his guidance and ascend when we started getting close to deco. I once outright vetoed the DM's guidance and left him completely for that reason. You may also have a DM who just plain screws up, and when that happens, you have to take responsibility.