I had the same problem when I started up. The cost of bandsaw blades was killing me. I finally went to a combination of Jess's approach, make all short straight across cuts with a hack saw and miter box, and never putting fiberglass in the bandsaw. I've always felt that I had a bit of a touch with belt sanders... years of using them for the rough shaping of production wood carving on ventriloquist figures and carousel horses. I do true longbows and my practice now is to do the layup, grind out the blank to square using the drum sander, then put new clean tape on the back of the bland and draft the bow (no template) right onto the tape. Then I grind the bow to shape on the drum sander. When it comes to the shelf (which I'm not a big fan of anyway) I either skip it in favor of shooting off the hand or rasp it in Nicholsons.
Using either of my belt sanders (I have 48 and 80 inchers) I can grind a bow to shape ready for bench sanding with a mouse in less than 1/2 hour. Felt kind of hairy at first, but it's just normal procedure now. I do the bulk work on the round end, grinding to "close to" my pencil line. Finished line isn't straigh... little dimples in it. I smooth it out with the long flat surface, then do my finish sanding with the mouse.
If you can get a lengthwise vertical belt sander it helps a lot. I've seen guys take a standard 36 or 48" and mount it on its side to make it lengthwise vertical. My 80" is both vert. and horiz but is overkill for a lot of things and I'm thinking of having a side mount frame welded up for my 48".
Hope that gives you some ideas. It's what's worked for me.