As Dark Brotherhood draws closer to release the cost of Ruby mats, particularly cloth and leather, is expected to rise. It will continue to do so within in the following months after as more characters reach level 50 and can instantly wear 160 CP gear. I have taken a different route, I been buying up all the Bahraha's Curse of Syvarra's Scale gear on the cheap in bulk amounts to supplement my future alt character slots as filler gear until they can get something better later on. They're not great sets by any means, but they don't entirely suck either, you can get them in any of the 3 armor types, weapons, shields, and jewelry. It's a decent substitution for any characters that you don't want to spend a great deal of crafting mats on or break the bank upgrading them all, but still want to gear them up to handle themselves with highest level equipment available.
This way by the time my alts reach level 50 I have equipment ready in wait for them to gear up instantly with somewhat decent stats and set bonuses. All this without having to craft all the slots each and every time. As they get better gear along the way, those crappy sets become the starter gear for the next level 50's.