check out the new Bear offerings at their sight. the lights out seems impressive, at $329 msrp, I am sure you can get it for a great deal. As for a bow for your lady on a budget, i would say it is hard to beat the parker buckshot or diamond edge if she is small. If she has a longer draw length, then martin offers some great ones for a good deal, and they also have some bows you would like. I think you will be amazed at how far Bows have come since you last shot a new one
Welcome the the forums and good luck!!