OP, it looks like you're in Atlanta. I suggest you go to Meetup.com, and look for groups in the area related to electronics, robotics, makerspaces, etc., and attend a meeting or two. There should be a number of people who could give you some advice, or even let you come over and use their scope. Or, maybe you could find someone at Georgia Tech.
I'm a hobbyist too, and recently faced the same decision. I ended up getting the DSO150 Shell scope kit from Banggood for $22. Of course it's limited in what it can do, but so far it's been good enough for what I need. I can't look at a processor's 16 MHz clock signal with it, or anything related to RF. But for servos, steppers, PWM, and even transmission protocols if they aren't too fast, it works fine. It's only one channel, which so far has been enough, but probably won't be forever.
Today I'm working on building an I/R remote controller for my Sharp TV to do some things automatically with volume, power off, etc. I looked at Dave's video on detecting what the existing remote is sending, and getting an Arduino to do the same. It's number 506. The fastest thing I would need to deal with in that process is the 38 KHz carrier, and my scope does ok with that. But the digital transmission that modulates the carrier takes place much more slowly, and any scope can handle that. So basically, I was able to get to the same place with my dinky little kit as Dave did with his 40 GHz scope, except that I can't zoom. Ok, exaggerating about the 40 GHz.
So as others have said, it's all about what you need the scope for, and what you'll be doing with it. I went for years without having one, and went for the lowest cost option just to see if it would be at all useful. It absolutely has been. I'd guess I'll be buying a "real" scope in the future, but I don't think this one will ever stop being useful. I even modded it to be battery powered.
There's also the Hantek 6022 mentioned elsewhere. It's a USB scope that requires a computer as a display. It would be substantially more capable than mine, and I think they go for about $55 now. Two channels even.