

What would I do differently if I knew then what I know now?
1) You knew this response was coming: I wish I'd bought Snap On sooner. The cost of my toolset pales in comparison to the money I've saved working on cars over the years. I struggled with crapsman tools for too long. Those repairs weren't fun for me.
2) I had no idea how great a simple combination wrench could be. Wish I'd known what a good wrench is like, what good sockets feel like. I use the heck out of my wrenches now.
(This wrench drawer makes me happy. It gives me hope. It reassures me that no matter how bad it gets, something in this drawer will get me through it!)
3) I underestimated the utility of a nice toolbox. It's a game changer. Wish I'd bought a nice box sooner. I tried to make do. It really could have saved me a lot of grief. Toolboxes are important TOOLS. It’s the tool you use the most.
4) Wouldn't have bought (so many) Knipex pliers. I like Snap On's pliers, but only use a few pairs. Really don't do much with pliers. For around the house/carpentry, my old Craftsman Professional pliers are fine and still kicking after 25 years. Wouldn't have spent as much energy thinking about pliers that I don't use, don't like, etc.
5) When you need a good dead blow hammer, the orange HF models may or may not get the job done. Their handles are small, awkwardly shaped (square?), uncomfortable to hold and swing, which results in hammers I find difficult to control. I probably have 4 or 5 of them, all different sizes, wish I'd never bought them, but don't want to throw them away. The Snap On hammers are magnificent. Trusty Cook are okay. The Slimline style is my favorite. If I had it to do all over, I'd buy a set of the Snap On Slimline hammers and call it quits on dead blows. They are just so darned expensive. 2-5 years from now, I'm going to reply to this same thread and say I wish I treated myself to the nice hammers sooner. Life is too short to use a tool you hate.

Screw in shank picks!! They are great… as long as you only ever pick to the left. I think that’s the only time I’ve used a new tool and immediately thought “I’m a ***** for buying this”I also should have just bought snap-on picks, rather than my mismatch sets. I've broken enough snap-on would've been cheaper. Too many brands, especially in long pattern, use screw-in shanks which are useless.
“Buy once cry once” is a great way to justify tools you know you cant afford
Also: being able to write off the cost of a tool as a business expense does not mean “free”, or even that I really need it. Took me embarrassingly long to accept that.
I should add the disclaimer I have a few small businesses (emphasis on small LOL) through which I can buy most tools , my tax knowledge is limited but I believe you are correct regarding personal standard deductions vs itemized. i asked my accountant about the whole depreciating tools thing and he said basically any tool under $2500 purchased for the use of my trade didn’t have to be “capitalized” per the “safe harbor de minimis election”. Here’s the official irs article about it:Technically since tools last more than 1 year, they should be depreciated, not "written off" in a single year. Not that the IRS really cares. Now the standard deduction is about 10k, most aren't paying that with w2 wages. That and all it does is lower your tax liability. There are certain niche situations you can put in say $1000 to an IRA to fix owning the feds $900, making it a wash. But it certainly costs more to spend 5 grand out of W2 wages to lower your tax liability than it does to just pay 20% or whatever.
As a business? The goal is to make $1 of profit and have the business buy everything possible in your personal life possible to reduce tax liability. Profit is a bad word, because that means taxes, outside the world of publicly traded companies of course.
I can tell you, I'd have saved a LOT buying once, than buying the cheap option 2 or 3 times before buying the best. It's all about use case.
But obviously, don't use BOCO to justify poor ROI or poor choices in general.
But obviously, don't use BOCO to justify poor ROI or poor choices in general.
)DITTO.. once I finally spent the $$ for a nice soldering station, it sure made my life easier.Trying to use crappy soldering irons, just buy a Hakko and move on. With a good iron, soldering is easy.
I strongly disagree with this. For some tools, especially ones you use a lot, it makes sense. Definitely buy the best 3/8" normal ratchet you can if you're a mechanic, you use it all the time, the best is worth it. For many other things, buy good enough for your purpose. I have lots of tools that were for a particular purpose. they get used for the job, and then not again. Sometimes, they turn out to be generally useful, and get used a lot, in which case maybe I should have bought a better one. But often, they end up in a drawer, and spending more money doesn't get me anything. And since we all have a finite amount of money to spend, it means that money didn't get spent on something more useful. (even if that something isn't a tool. Hersey, I know!) Consider buying a tig welder. You can spend $15K to get an excellent Miller machine. Or your can spend a lot less and get a very good machine from HTP or Fronius or whoever, and spend the difference on a mig and a plasma cutter.Buy the best quality that you can afford the first time, when you have to depend on the particular tool. Buying cheap because it's cheap to replace when it fails is false economy.
Just my opinion, but Morton's is the best salt grain to use...Take others opinions about tool buying with a grain of salt.
I would do research, using the Garage Journal forums, so that I don't end up buying bad tools. Avoid influencers, because they usually hype things that aren't worth it.Another thread started me thinking. Maybe it’s been asked before but what would you do differently buying tools. Not a debate about what brand is better or overpriced. Just what you wished had known before buying what you did.
Story time.. about 35 years ago I bought my (3 or 4 YO) son a cheap $4 socket set.. he took pride in it and took care of it.. Just like Dad he cleaned his tools after we used them together, and put them away. For his 5th Birthday I bought him a Craftsman $100 +or- socket set in one of those handy blow molded cases..... my wife asked are you really buying a 5YO a real toolset?..
YUP..
He is almost 40 now still has the original Craftsman set that he still uses and cares for, and just like Dad he has had to replace a few ratchets..
morale of the story, start 'em young with using and respecting good tools.. they will last a lifetime and the skills they acquire will serve them well and keep them in the top 1% of people in the world.
It's been said that "only a rich man can afford cheap tools."Buy the best quality that you can afford the first time, when you have to depend on the particular tool. Buying cheap because it's cheap to replace when it fails is false economy.
I've never understood the huge collections of ratchets, either. I think I own six, and three of those get 99% of the use.Spend money on tools that matter not what's fun to buy.
Wrenches and sockets, I spent a lot of time acquiring all great quality US brand stuff. Now I would have just bought some long pattern decentish ones like Icon and whatever was handy for sockets and moved on. Not to mention the store can store your triplicates, no need to have 5 of something unless you use it
In that same vein you really don't need that many ratchets. I've given away several of mine because I use like 6 total.
Buy cordless tools. Took me forever to be willing to buy a lot of cordless tools but I've never regretted buying any of them.
If you do a lot of fabrication buy a lot of measuring/layout tools. They don't have to be amazing but they need to be available when you need them.
You can always use more chains and straps.
Maybe they’re rich because they put their money in the bank and not in the toolboxIt's been said that "only a rich man can afford cheap tools."
