Brendajos, I can see what you mean, HOWEVER.....
I started knitting in mid-October. Within a month I was knitting a sweater. Although I went out and bought "nice" yarn, I didn't buy expensive yarn, because I really thought I would end up with a very wonky sweater. I would have started out the sweater feeling under pressure to do a really good job because of the cost of the yarn - and I wouldn't have enjoyed the process. My sweater turned out nice, it doesn't look "cheap", I learned a lot, I am more confident about trying new things. And when people admire it I can say "it cost me less than $30 too!"
I'm finishing up my first pair of socks now. I have to admit that I am a bit underwhelmed about sock knitting. I really enjoyed the heel part, though. It was fun to watch it take shape and I didn't stress about it at all.
I found a beautiful sweater pattern calling for Noro Silk Garden, and that's going to be my big project at the beginning of the year....as soon as I buy the yarn. I have to admit that I'm a little
bit stressed about this one. But I'm just going to take my time and if I realize that I'm too much of a beginner for it I'll put it away for a little awhile and continue later. It's nice to have an ambitious project to work towards.