re: Cost of tools

When i began woodworking for money 30+ years ago i started with very little tools. Each project i built i invested the profit into tools and shop supplies. I would never spend less than $200 on a powertool as it could then become a tax deduction. When i priced a job i kept it real simple, i listed everything i used and totaled that, then i added the same amount for labour. On most jobs it would work out to about one and a half times what i was making in my day job. Since retiring about 4 years ago i havent charged people anything as i consider it therapy to work in my shop. Now when i shop for tools i try to buy the best i can, it may take me some time to save the cash, but i like quality tools. Most of my hand power tools are Makita and Dewalt. I still have a great pro black & decker corded drill. The cost for quality has not gone up too much, its just harder to find the true quality.