You can use mIRC for a month without paying. Then according to the licence agreement you need to either delete it or register it. Many people register it. Many people have, by the end of a month have got tired of IRC and moved on anyway. Many also continue to use mIRC without registering and just put up with the nag screens.
Will Khaled sue you if you don't register? Probably not - no-one is going to spend a fortune hiring solicitors to chase US$20 from one person in 5 billion.
Will people bag you if you boast about not registering and refusing to register? Probably - because some peeps have parted with hard-earned wages and others are very highly principled and snobby individuals who believe that registration bumps them up a notch in the social set.
In short: Enjoy mIRC and pay when you can afford it. It's the most realistic option. Get your parents to buy you a registration for your next birthday if need be.