My take on it is a little different, because you say you hate all your clothes even the ones left. What I say is this. It's the end of January, one month more until spring starts. Put up with what you already have until then. Spend that month selling on eBay, vinted, depop. Weed out the things that are too worn to sell and recycle them. At the end of the month anything not sold gets donated to charity. This deals with the stress of having things you don't like in your home. It also stops you shopping for a month because you'll be too busy listing, answering questions, packaging up things sold. At the end of it you hopefully have some money for new clothes.
So now it's spring. Buy 7 outfits suitable for spring and your lifestyle. This is your new wardrobe. Get rid of the remainder of the old things you don't like but were putting up with. Whatever your budget I wouldn't agonise over it too much but whatever you do buy you must commit to wearing for the entire season, at least.
In June, take stock, jettison anything you dislike. What's left that can be used for summer? Set it aside while you pack away the spring things which aren't also suitable for summer. What gaps to you have in your summer wardrobe now? You need 7 outfits again. Buy what you need.
September and autumn has arrived. Take stock again, jettison anything you dislike. Take out the spring clothes which weren't suitable for summer that you packed away. Add them to your summer wardrobe. Now see how many outfits you can make for autumn, you need 7 again. Pack away anything unsuitable for autumn. What are the gaps? Go shopping.
December is here and you need a winter wardrobe, possibly from scratch as it's the coldest season, but look at what you have first in case there's anything you can make suitable by layering it together. Pack away anything unsuitable for winter and shop to fill in your gaps to ensure you've 7 winter outfits.
Now you've done a year. You should have a better idea of whether cheap clothes works for you or if you end up hating them all/they wear out too quickly etc, or if you can't be bothered with the extra care often necessary for more expensive clothes, so now you can decide your price point going forwards. You also have an entire years worth of clothes, for each season, so you're at the point of making replacement purchases only. You hopefully also have a better idea of what you like, what suits you and your lifestyle. No more panic buying or shopping for a hobby, considered purchases from now on and you have plenty of money to start another hobby because you didn't spend it all on clothes.