One tip for saving money is to invest in tool sets rather than purchasing individual tools. Purchasing a complete set eliminates the need to make future purchases and can save money in the long run. Selecting cheap versions of tools that will be needed infrequently can also reduce costs.
Reading reviews on different tools and learning more about tool manufacturers allows consumers to make smarter purchases. Another helpful tip is to stick with the same brand of tools. Investing in batteries and chargers that may work with multiple power tools negates the need to make additional purchases. Refurbished tools can often be found for less overall cost.