Hey Covey, you already know what heads I shoot :D As to the shafts, here's a suggestion. Every year in December and January Wal-mart clears their arrow inventory, they don't warehouse anything in the stores for the next season. I've been able to buy their cheaper carbon arrows for any where from $2 to $3.50. If you are hunting in rocky ground you can foot the carbons to make them tougher. They are good arrows because they fly well for me from my bows. I have to strip the vanes off and put feathers on them, but that's not a big deal.
I'm a small game nut, and when it comes to shooting at a critter I go by this rule "You'll never hit the critter you don't shoot at." I have never regretted taking a shot at a small game animal and missing, but I've regretted not shooting.
I don't worry about losing arrows, but that doesn't mean that I just toss them away either. I've saved a lot of money by using lighted nocks, but that may be because I hunt nutria and raccoons mainly at night.