That meter is in fact "low budget".
By far, the most dependable and accurate pH "meter" is the phenol Red drops based testing block that is found in all TFTestkits products. It's the cheapest, most repeatable pH test on the market. It does, however, take some familiarization and many end users aren't willing to take the time learning to interpret it correctly.
Instead, they think "digital" results are wa-a-a-y better and are eager to jump at the digital pH testers. I think that's a big mistake.
Digital meters cost a lot more and even the most expensive ones require ongoing maintenance. Their supposed accuracy down to the 100th is preposterously irrelevant to a pH test but people still get lulled into that "digital" accuracy.
So, if you really want to manage your pool water properly, test your pH with the R-0014 Phenol Red Color Comparator block. Secondly, learn how to use it. You can EFFECTIVELY match any digital tester and you will have saved yourself 50-150 bucks