I looked around at many versions of Taiwanese drill presses. I ended up purchasing the Ridgid DP15501 15" drill press because I liked the way the quill stop was made, the work light, key stor­age, and the easy access to the belt change system. This machine was also on sale when I needed it, so that made it a slam dunk. Choose the one that suits you, as they’re all very similar. The table is large enough, and the distance to the column is large enough to allow you to do most anything a small shop needs. 
We made the decision for my wife to be a stay at home mom - it was a decision we both felt was a good one before we ever even discussed it. Being a single income family does sometimes have financial drawbacks, but the blessings of my wife being a stay at home mom are blessings that money can't buy. Eventually, when our son (and any future children we may have) are in grade school, my wife will look at finding a job. She's also looking at the possibility of starting to do in-home daycare for 2 or 3 children in our home, which would bring in some extra money.
@jayemel: tempered glass works perfectly, as the (theoretical) fluctuations in flatness as a result of inner stress are several orders of magnitude smaller than the significant variations of thickness of your sandpaper. Unless you want to reflect the light of distant galaxies off the bevel of your chisel and measure their red-shift, you will be fine (and safer) to use tempered glass.
The tablesaw—This tool is the backbone of nearly every shop, and for good reason. It allows unmatched precision in ripping parallel edges and crosscutting at a variety of angles. Most woodworkers find it crucial for the basic milling of stock. It is also suited to many joinery tasks, easily producing tenons, box joints, and—with a reground blade—the tails for dovetail joints.

The Jay's Customs Creations YouTube channel releases weekly videos on shop projects and dimensional lumber projects. Jay's show can really help you if you want to do DIY woodworking projects on a budget. He sometimes shows viewers how to complete the project without electricity and using only hand tools. He goes over the prices he paid for materials to give people a realistic budget for the project before they get started.
Even if you don’t live in a rustic log cabin, you can give your home a great cabin look by simply planking one or more walls. This is a relatively easy project that will add beauty and value to any home. Just choose the wall that you want to change, and add wooden planks which you can pick up at most home improvement stores for very little. Then stain if you want and you have a lovely cabin type wall
A layout square, or combination square, comes in 6” and 12” sizes. Most woodworkers use the 6” model, simply because it’s easiest to carry around. Also, most of the stock you’ll use will be no bigger than 6” wide, so 12” is overkill. The layout square is a triangle that you can use to mark square cuts on stock. Once you measure the length of the cut, you line up the layout square with the edge of the board. The short side will give you a straight, square cut across the end grain. You can also measure off angles with the layout square. This helps when you’re trying to measure for a bevel on a table saw, or marking a cut for a miter saw. You can even use your layout square to determine an existing angle. Just be sure to buy one made of metal. The plastic ones are not only fragile, but they also can warp, making them pretty useless.