Wicked Leather Bracers, are 265 and uses
8x Rugged Leather
1x Black Dye
1x Rune Thread
now if guess if buy leather to make stuff to level LW then yes, you are boned. But if you kill mobs and skin them, then you just get the vendor money.
O Yea, Stop buying mats for tradeskills at the AH, thats for folks with money, and since you posted this, you cant afford it, take you time, skin beasts.