In some areas you can save a lot of money,but on major purchases,such as guns,bows,scopes,you should(in my opinion) save up to get exactly what you want/need for the intended purpose. If you don't,you'll always kick yourself until you finally do get what you wanted/needed and will be out more money in long run. In other words,you won't need to "step up".
The added confidence in the equipment will aid your ability overall.