Zerohour88
500+ Head-Fier
Just wait for the 11.11 sale. The T2 goes on sale in the mid-high $20 range. That leaves plenty of room in your budget for a cable.
The other option to stay within your budget is to modify a regular cable and make it balanced. All you do is cut off the plug and add whatever balanced plug you need (2.5mm, etc).
uh, balanced cable and mic?