with your forum name, the bit in bold is an essentialThat is so true, and it's important not to forget this. For me, cycling is a mixture of enjoyment. exercise, and cheap short distance utility transport. This does not require expensive bikes, clothing, or gadgets.
I spend as little as possible and as much as necessary on cycling. Tyres are my biggest cost, not bikes or kit. I reckon I've spent less than £50 on cycling in total this year, and not much over a hundred quid in any previous year. All my bikes are secondhand, I do all my own maintenance, so it just comes down to the odd small accessory and wear & tear replacements.