There are many types of DIY filters you can do. A number of folks on this forum have made a Skippy filter. Pretty easly to make very popular amongst ponders. You can find construction instructions on the web if you do a search.
Because your pond is only 150g you really can get away with a small filter. The following is a link of a DIY bio-filter made from a planting pot. Pretty neat. check out this link:
http://pixelriver.tripod.com/Filter/filter.htmAnother option is you can purchase an inexpensive pressurized filter. An example is the Cyprio Bioforce 500. Supports ponds up to 300 gallons and I've seen them as low as $75. I use something similar to this for my QT.
Bio-filters and mechanical filters perform quite different functions. The purpose of the mechanical filtler is to remove the suspended debris from the water before the pump intake. Also mechanical filtration is responsible of removing the crud on the bottom of the pond. Settlement chambers, skimmers and simple leaf baskets are examples of mechanical filters.
A bio filter use beneficial bacteria to break down fish waste and remove harmful ammonia and nitrite from the water allowing for clear and a healty pond. Many types of bio-filters exist. Some like a bead filter perform both mechanical (removing fines) and bio filtering. Other manufactures also make units that combine both mechanical and bio-filtration (e.g. Savio skimmerfiters). Personally I like to have my bio-filter only perform bio-filtration and not put the extra strain on performing mechanical filtration. But that's a matter of choice.
If you have some ideas what you'd like to try, please post. Plenty of folks on the forum have experience in DIY which could provide feedback on your ideas.
Steve