fortysix and two is right a lot of people do it the way he did. It is cost effective, good lift, good flex, and info on how to do it. If you plan on running 63's and it just isn't high enough, slap a add a leaf in there and it will lift it about 1-1.5 inches. I recommend a body lift. I think everyone should have a body lift. It is easy to access everything and easy to see and work on things. A lift kit CAN be done for VERY cheap, here i will tell you how I did mine....
*44044's (free)
*shackles (came on the truck)
*extended breaklines (moved mount down and free steal braided lines)
*shock will change later but I left them alone (came on truck)
*drive line extended (10 bucks)
*stock rear springs with add a leaf (came on truck)
*2.5 inch blocks for level (barrowed)
*ubolt flip (barrowed)
*shackles (came on truck)
*no drive line mod
*extended breaklines (moved mount and free steal braided)
*triangled shocks together and used existing shocks 12 inch / \ (trade labor)
*soon to be f150 rear (free)
*2inch body lift (came on truck)
*adjustable drag link (trade)
*J arm ball flip (30 bucks)
Now that is a college student budget a whole wopping 50 bucks!
here is a before and after
1st pic is rancho 3inch kit with body lift and 35 bfg mud terrains
2nd pic is 6-5inch Homeaid kit with body lift and 37 toyo mud terrains