I guess I'm a little like a reformed smoker or drinker. I'm 45. I've finished all my gear lust off about a decade ago. I have a wide variety of musical friends on the upper end of the skill spectrum who get fantastic results with a few hundred dollars worth of gear. Work with what you've got is my mantra. The 57 is a great example. In the beginning you can use it for just about everything, then it might be relegated to cab mic, and in the end a hammer - but it is an indestructible piece that is useful in some capacity 'forever'.
The key to me is having decent, tuned instruments. Practice parts until you are competent. Get a good basic recording of the tracks. Learn how to mix a little. Most of the other stuff takes care of itself if you can accomplish that.