I have a 2ft tank too, and my ferts have lasted me till now since I started the hobby 2 years ago
Overall you shouldn't spend more then $20 for KNO3 and KH2PO4. You can do it both ways, but it's easier and simpler to just put into the tank.
You also need trace elements. My entire fert product line at one point was:
-KNO3 (provides potassium and nitrogen)
-KH2PO4 (provides somemore potassium and phophorous)
-Tropica Master Grow (provides trace elements)
-Seachem Equilibrium (provides me calcium magnesium and a host of other trace elements)
I dosed KNO3 and KH2PO4 thrice a week on odd days and Tropica on even days.
On Saturday a 50% water change will be carried out and a half dose of Equilibrium will be added along with the standard KNO3 and KH2PO4. My tank was a standard 2ft with 72W of light 10 hours daily.
It effectively settles nutrient requirements for plants, and all that's left is CO2 level. CO2 is everything... add it high and good and things go well for you. If there's algae appearing, the solution is usually well documented in this forum (search).
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