Spent about 70k on all new armor and items after patch, mostly wearing about 20k in total equipment and got back to 80k on account in about several evenings of playing. Could play 20-30 rounds in plate for the same price, but what's a point if I'm loving my strange armor for it's new look and good enought stats.
When I had a 2h build and needed to raise some money quick, I would wear a peasant clothing with plated mittens and german greatsword, just for style.
If you are completetly new player, I would suggest you to make a simple 18/18 polearm build, take a low end armor and pike. This way you would be helpfull to your team and will raise money really quick, to spent them on your next gens and builds.