Theres no 'one size fits all' kind of deal out there. $1k USD is a good start to get something off the ground but you will need to have some cash to keep funding your winning campaigns. Don't get a credit card and do the whole thing on credit. It's a really bad idea.. just save your money and start when you can actually afford it not just have the money to pay for it.
I believe it would be something between $500 and $2,000 depending on your verticals, platforms, skills, etc... It's hard to give an exact answer, though.
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