A float rod for panfish: lots of bites, simple tackle, forgiving. Spinning comes second.

How much does it cost?

A basic kit costs about one good spinning rod. Don't buy the cheapest — the reel won't last a season.

Depends on the state or country and the water. Check the local rules and the bans section.

Beginner fishing gear list — what you actually need

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First aid kitPlasters, bandage, antiseptic, antihistamine — hooks and bites happen.
Hook remover and jaw spreaderGet the hook out of a toothy mouth without cutting your hand.

Rod and reelCheck guides and drag at home.
Tackle boxHooks, sinkers, swivels, floats — by compartment.
Lure selectionCrankbaits, spoons, soft plastics — for the predator you're after.
LeaderFluorocarbon: fanged fish fray plain line at the knot.
Wire leaderPike cut through line: wire or heavy fluorocarbon.
PliersOpen a split ring, straighten a hook, cut line.
BaitWorms, maggots, bloodworm or paste — for peaceful fish.
Landing netYou won't lift a big fish out by hand.
Hook assortmentSizes for different fish and baits.