Good set of budget equipment for a Shaman?

[phobus]

Are you planning to solo or join groups?

Either way, full banded armor is fine for a while. If you're mostly grouping, you might want to pick up a pair of Moonstone Rings and Golden Jaded Bracelets for the +mana, but you can just as easily do without them.

For soloing, look for gear with AC and +HP if possible. Totemic pieces should also be in your price range. You'll want to use a shield and one-hander (blunt or piercing) until you can afford a nice 2HB (and use it without hitting the damage cap). Jade Chokidai Prod is nice, but might be a little out of reach; there are a number of 1HB weapons out there with a decent ratio that you can also use.

Finally, there are a number of shaman gear threads out there - just search for shaman in the title. Most will be for a bigger budget, but they'll point you in the right direction.