Airbags and seat belts basically perform the same tasks. Be scrupulous in belting up before starting your car, and you will most likely receive the same benefits as the airbag - Belts pull back and retain in case of sudden deceleration, whereas airbags prevent collision with the dash/windscreen/steering in case of a crash.
Airbags are a DANGER if kids sit in the front passenger seat - The force with which they deploy could even decapitate a child leaning forward. So it is a solution which is complicated as a safety measure, one-time used, and logistically not very convenient.
ABS would not be as costly, and is helpful in day-to-day situations. Go for the ABS but I would not be very enthusiastic about the airbags.
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