If I was starting on a budget...
eBay or classifieds here for second hand pack, can buy good name brand stuff for >50% less than new.
New boots that fit your feet (try several brands), if your feet hurt or are wet it is hard to stay optimistic on the mountain.
Good wicking base layers and socks, also a comfort thing. Your base layer top should be camo (do not need the high end pattern stuff) so you can strip down and hunt in it on the warm days.
Outerwear NO cotton needs to wick and dry quickly. I love my high dollar stuff, but for the money you can't beat a cabelas microtex jacket and wrangler outdoor stretch pants.
Cabelas space rain will double as both rain wear and a nice hooded windbreaker for cold nights in camp.
Buy Costco treking poles, your knees and back will thank you on a heavy pack out.
Glass, 10x40 and $400 will do everything you need
(Nikon/Bushnel,Vortex compare them all) starting out and I would agree with the camp that says they are not vital in most archery OTC unless you are head hunting.
For a budget shelter check out Appy Trails on eBay, they are inexpensive, light, and I got 4 good years out of mine before the waterproofing gave out and I spent $$$ for an "upgrade". Run a space blanket (tarp type) for your ground cloth and your golden.
A 20 degree synthetic bag will do you starting out. I still grab my old 15 years old lumberjack sometimes even though my down bag cost 4 times more.
Spend money on a good insulated air pad (I run exped), research and try them to see what you like. A good nights sleep is gold on the mountain.
Finally a jetboil or similar for you eats and water filtration and bladders and you are set.
Once the elk hunting sickness has you firmly zombified like the rest of us you can join our Swarovski,Kuiu, Sitka, Seek Outside camps while fondly looking back at pictures of your old hunts and wondering how you was able to be so successful with such "limited" gear
