Budget hosting
Budget hosting is simply the cheapest hosting plan offered by a hosting company. If your site contains mostly static HTML pages, with a small amount of traffic, don't require high amounts of disk space, don't require programming and is used primarily for personal use or by small business, a low cost hosting plan may be a good option to be evaluated.
The plans are a viable hosting option since they usually contain many of the commonly required features. However, you must take into account that your site will be hosted in a server that already hosts hundreds of sites. There is a high probability that one or more of those sites become a victim of a hacking attack or begin to use server resources in excess, which can lead to service downtimes or long download times.
If reliability is important to you, look for a hosting company that hosts better plans in separate servers or doesn't provide budget hosting plans at all.
In general, budget hosting accounts don't include priority and qualified technical support. If you experience problems, probably you'll have to wait long response times and re-submit trouble tickets many times until the techs understand your request and take care about your issue.
In short: budget hosting is a good option only if you are not running a critical business website.
