Your moisture meter should have settings on it that will account for different species of wood. For instance, oak is a hardwood, but ebony is an even harder density wood. If you are planning an inlay job using both types of wood, you will need to know the moisture content levels of each of the two species so that your inlay glue joints will stay intact. These different wood species have different specific gravities, which must be used or programmed into the moisture meter.
First, let's dump that hand powered saw/miter box.  It gets the job done, but it takes forever.  We're still on a lean budget, but shelling out ~$110 for a 10 inch electric miter saw makes a lot of sense.  This won't be your forever saw, but it should do fine for most projects.  It can handle up to a 4x6 stock which will cover 99% of what a beginning wood worker will throw at it.  
You can find a project for just about every room in your home. Table scape trays make perfect platforms for dining room decoration. Wooden plaques offer a blank slate for any saying or picture you want. If you want a unique table, we’ve got a few options to consider. Headboards and benches can give your bedroom a real transformation. You can find anything you want among these DIY wood craft projects.
You’ll find here, quite a comprehensive list of YouTube woodworking channels, and I must thank the woodworkers of reddit for helping me put this list together. I did originally decide decide that a channel needed to have a minimum of 1000 subscribers to be included on the list but after a lot of feedback I decided to include every channel that was sent to me (as long as it was woodworking themed). There were a couple of channels (Clickspring and Inspire to Make) that were on the list that I have removed because they weren’t strictly woodworking, but still do think that they are definitely worth checking out.

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.
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