Right. Its been many years since I read Robert Harley's Complete Guide to High End Audio. But I could swear he says in there that high end is defined by an emphasis on sound quality and nothing else. High End does not mean expensive.
My first system was bought with lawnmower and paper route money. But it was bought only after many hours of studying and scrutinizing and comparing speakers and amps and record players side by side. Hard to remember now, because soon I was able to upgrade it all with the big bucks I was earning at McDonald's. But that first system was probably a Radio Shack receiver with a record player on top, and (Realistic?) speakers.