Look #1 from TSB post...simple, classy, clean and cheap!

So the look below is from the first look on TSB.com. The look although looks like it was expensive to put together was actually relatively cheap.

Let's start with the most expensive item and work our way from there; in this case the blazer.
Linen Blazer by Taso Elba-$108 with tax at Macy's
Pocket Square-$2 for a pack of 5 by Pierre Cardin at Marshall's
Short Sleeve Cotton Shirt-$9.50 Old Navy Clearance Section
Chinos-$7.50 at H&M Clearance; same pants from this post.
Loafers-$30 via eBay
Lapel Acc.-$1 Cufflink via eBay

Total:$156
*I didn't add the watch since I wear it every day but it ran me $40 for Kenneth Cole at Nordstrom Rack.

As you can see a great look put together on a budget. Take the shoes out of the equation as they can be worn multiple times a week, we're talking no more than $125 and $100 of that was for the blazer.