How had you never heard of budk? Them and United Cutlery were two of the first knife companies I heard of, had I not found these forum found Cold Steel while perusing Amazon I'd probably have sunk a fair bit of cash into them. They entrap quite a few newbies.
I guess it wasn't really around when I was growing up. I never bought the cheapo knives. I got my first "nice" knife (that I purchased with money from my job) when I was 18. It was a SOG Pentagon Elite, the old liner lock version. I unfortunately lost that knife around 2005. For my 19th birthday I got a SOG mini X-Ray Vision. Still have it, its beat to hell.
After getting the SOG, I didn't really get into knives all that much. Between then (1998) and 2013, I had other things preoccupying me. Mostly spending my money modifying my car, learning guitar, guns, and on home audio stuff. I'd bought knives here and there, but up to 2013 my collection was sparse:
CRKT M16-12Z POS knife
SOG Mini X-Ray Vision
SOG Trident Tanto TiNi (that's a mouthful) which I gave away here on BF.
SOG Flash 1 (sold)
SOG Seal Pup
In Nov 2004 I sold my heavily modified 1992 Camaro RS V8 (400~hp), replaced it with a 2001 Ford Escape V6 4wd which I again modified, and it was totaled in 2011 by a drunk driver. I bought a brand new car, and since I didn't want to void the warranty, I've had funds available for other things.
I know I'm a knife knut because in the last 18 months I've dropped probably $4000 in knives. If not more. Granted, I've sold most of them, but still. I drained my savings in short order.