I'll just chip in here and add that many times, you don't need to pay for the very best, but you often you do get what you pay for.
While most paint generally gets you color onto a surface, they really aren't all the same. I've on occasion tried craft paint on terrain, but I've regretted it, as it just doesn't look as good as miniature paint. Then again, I probably spend as much time detailing my terrain as some people spend on their ICs. I'm very picky about color, and to me, visible grit in my paint is unacceptable.
At one point, when models were much cheaper and assembly was less an issue, I was willing to experiment more, I think. Now that most GW models are multipart plastic and require quite a bit of time and thought to prep, I almost never try cheap paints.
The Golden liquid acrylics are not terrible, but the color range is very limited, and while the value is good per mL, I don't think most miniature painters will go through enough paint for that to be a benefit. If you live in US/Canada, a good place to buy these is Michaels with a 50% coupon.
Another way to get quality paints "on the cheap" is to scour hobby shops for discount days on paint (like boxing day). I've gotten GW paints as cheap as $2.50 USD, this year, and Vallejo paints as cheap as $3.50 USD, which I s a pretty huge savings.
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