Before I started flyfishing, I used something similar to Tenkara...a telescopic fishing pole made from fiberglass commonly known as a "breambuster." These poles are similar to Tenkara: no reel, telescopic, and are compact.
B&M (bnmpoles.com) offers more varieties than Tenkara...fiberglass or graphite...10' to 20' rod lenghts...$9 to $27.
Tie on a Cortland 10 meter line double taper line ($15 from Bass Pro Shops) in sizes 3wt-5wt. Visit Wal-Mart and pick up a leader for $ 1.87.
For less than $60, you can be the "coolest looking breambuster flyfishing angler" at your favorite fishing hole!