Here's why I advocate waiting if money is tight. The logo is your identity symbol. Done right, it's a great value even if you go all out and spend $5k to $10k (designers like me do it under $1k but I'm making a point).
BTW, I design logos, so I'm telling you something not all my design peers will admit to. A logo is important, but your situation suggests that it's not important yet. Don't waste your money on cheap logos. It's the same thing as a cheap remodeling job.
LOL. Not sure if that's sincere or sarcasm, but it's easy to be "smooth" when cheap competitors make my job easier. Many of my clients are gained as a result of getting burned by the hacks. Logo design is a very small part of what I do, so I don't have to sell logos with a bias towards them or pretend they are more important than they really are.Boy-Oh-Boy! You are a SMOOTH plugger!