Matthias Wandel comes out with some amazing modifications for tools and techniques. This one however is incredibly simple and only requires a few scraps of wood and a pair of clamps to turn a simple circular saw into a custom width dado maker. You can spend a lot on special dado blades for table saws or router with a straight bit and some guides, but this method is simpler and the results are very close to the same. Very little is sacrificed by using this frugal dado making method.
Roy Underhill is a gentleman woodworker. Nothing electrical for him, he works with hand tools only, and it's a delight to listen to and watch him work. He's pre-Youtube and so it's a bit of a hunt to find his videos but you'll be rewarded with real charm that makes you want to grab an axe, fell a neighbours tree and hone it into a bench. Or he just makes you thankful for plywood and routers.
That's it. That's all you really need to begin woodworking. Over time you will add more tools to your collection, like chisels, drill bits, a sander and, more clamps; but for right now you should be able to get started on most beginner projects. Don't be afraid to look online for second- hand tools. Old drills and circular saws work well when given proper care. With some ingenuity you can figure out how to adapt most plans to the tools you have available. People have been making wooden items throughout human history, and they didn't need expensive planers, biscuit joiners or fancy jigs. Start learning the craft, see if you like it, and have fun.
Only comment would be to start with manual machines -once you have them mastered, then worry about CNC. I'm only 71 at this point, but I still have a lot of things left to master! Try to find even a HF mini-lathe and mill used, and get started. The sooner you start, the sooner you become experienced, Just a warning though - machining is just as addictive as wood working.
My final suggestion is to use tape. I know this might seem crazy at first, but when gluing corners, tape comes in very handy. The secret is to tape up the outside of the corner when the boards are sitting flat, and then to apply the glue and bend the wood into the proper position. Then you simply use tape to hold the piece in place. This strategy works exceptionally well when gluing a box.
Check with Habitat for Humanity. If they have a store you may find several good items such as a bench, bandsaw or etc. When I retired and moved I donated a complete shop full of woodworking power tools and hand tools to Habitat. They sold them, I deducted them from my income tax. Unfortunately I could not retire my desire to woodwork and at age 78 I built a shop and use only hand tools and a bandsaw. Good exercise pushing a LN #7. Build yourself a solid bench with some southern pine with a moxon vise that can be built by hand. Get some holddowns!
All in all, for whatever reason it is that you enjoy woodworking, then you always need to follow that passion. There is always going to be obstacles to overcome, whether that be not enough money to buy your tools, or space to put those tools, or time to enjoy woodworking. That is something that every person has to overcome. Everybody has there own unique obstacles.
Those two tools comprise the most basic power tools you need to start woodworking. In addition, you'll need some hand tools. A hammer is an obvious necessity, and can be bought cheaply. A tape measure is a must- have for marking out lengths. A ruler or straight edge is needed to turn your measurements into straight lines for cutting, and can be clamped to a work piece to use as a saw guide. Speaking of clamps, they are important for joining pieces together for gluing, screwing or nailing. Most woodworkers have a lot of them, and you'll never have as many as you need. For now, just buy a few 6-inch and 12-inch clamps and add more as you need them.
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You’ll need a long screwdriver with a square blade that is very heavy duty. This gives you a lot of torque. You’ll also need a small and medium slot screwdriver. For working on cabinets or tight places in woodworking, you’ll need a screwdriver with a thin shank so that you can reach screws that are inside of deep holes. This is accomplished with a cabinet screwdriver. Get a couple of medium Phillips head screwdrivers, and a stubby one too, for those tight places. You may also want a ratcheting screwdriver.
My shop ended up being 23 x 19 feet, for a total of 437 square feet. I put my wood rack in the basement, but outside the walled in shop area. To keep the dust in the shop, a three part strategy was employed. I have a dust collection system, an air filtration system and a shop vacuum for cleaning dust out of machinery. I put up new walls, installed new electrical service, lighting, and two access doors for ease of materials movement. The shop includes two windows so that I can enjoy natural light, and not feel like I am squirreled away in the basement.