Then there are the “practical” woodworkers that enjoy weekend projects and things that don’t require a ton of expensive tools, time, and expertise (HELLO, THAT’S ME). I will be in the latter category. Sure, you can invest in hand tools, but in the words of one of my favorite internet sensations, “ain’t nobody got time fo that.” Let’s be practical here.
I can't really give a great answer to your question - I'm still learning how to deal with woodworking on a limited budget myself, but I'm getting there. It's not always easy, but when I want something I can't afford, I am starting to remind myself more and more that someday my day will come when hopefully there will be more room in the budget for my woodworking hobby. I'm also hoping to start selling the occasional item within the next year to help bring in some extra money for woodworking related expenses.
My first projects were making things from pallet boards. I cut the boards to size using my jig saw. It’s not quite as good as using a miter saw, but it got me by for a while with sufficient results. Even now that I have a miter saw, I still use my jig saw A LOT to make notches (like for my outdoor table), or fun designs (like these deer heads last Christmas).
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One of the great furniture woods, Mahogany has a reddish-brown to deep-red tint, a straight grain, medium texture and is moderately hard. It takes stain very well, but looks great with even just a few coats of oil on it. For an even more distinguished look, exotic African Ribbon-Striped Mahogany adds amazing grain and texture elements to this already beautiful species of wood.
Softwoods are often softer and more delicate woods in general, as the name would suggest, but aren’t necessarily always weaker than hardwoods. Although, they are generally less dense and not as durable as Hardwoods, which grow at a much slower rate than softwoods creating a denser and stronger grain in the wood. Softwoods come from coniferous (or gymnosperm) trees such as Cedar, Hemlock and Pine and lean towards a yellow to reddish tone by nature. Hardwoods come from angiosperm (seed producing) trees such as Oak, Cherry, Maple and Walnut and are generally darker toned woods. Softwoods tend to be less expensive than hardwoods, as they grow much more quickly and can be milled at a faster rate. While hardwoods are generally more expensive, the durability, strength and overall look is often worth the additional cost depending on your project needs.
If you want to do any amount of bowl carving or other types of carving that will require removal of large amounts of stock, I can't recommend an angle grinder and chainsaw-tooth wheel in place of the abrasive wheel. I've used the Arbortech brand, but there are a few different brands and style available. I'm sure you could buy a used grinder for $20 or so.
Frank’s work is visually arresting. This is not necessarily a channel you’re going to learn from, if you’re a novice woodworker or just getting into the field. The main reason to subscribe to Frank’s channel is how gorgeous his work is. The pieces he makes are always artfully conceived, even if it’s just a simple bookcase or a bench. Add to that his killer stop-motion and filmmaking skills, and you get a YouTube channel you can share with anyone, even if they think they’re not remotely interested in the craft.