Ok, for a REALLY tight budget this is what I'd suggest:
UT136b meter as suggested by Lightages. I have one and you can't beat it for the price.
This power supply . - Yes, it's low quality. I have one for breadboarding on my regular desk for when I don't feel like working in my basement lab and it works fine. 15V, 1A is plenty for most things. No, it doesn't have an adjustable current limit. But, it does limit at one amp and has a nice loud alarm when it does -this has saved my butt a few times..
. It also has a voltmeter built in which can come in handy if you're short on multimeters. For the price, it's a bargain IMO. Just crack it open and double check the chassis grounding and line fusing for safety before using it (mine was fine).
And for an ultra tight budget scope, I agree with daybyter. Consider the
Hantek 6022BE. I have no personal experience with it but based on the long thread here about it, it's usable and you can't beat the price.
So, for $115 in total, you'll have 3 usable pieces of equipment and can then start saving for better gear later on.
That's my $0.02.