Consider buying a drill dr drill bit sharpener. No drill cuts worse than a dull one. Then you can buy cheap drills or used drills and sharpen them when you need them.
If you want to buy good drills now, here's what I recommend for general purpose use:
1 set 118 degree HSS bits for wood. 1/16" increments is fine, 1/32 is better.
If you have a drill press or plan to get one, you can drill metal efficiently with that. If so, buy 120 degree split point cobalt drills made in the USA in 1/64 or 1/32 increments (based on what you can afford and how much metal work you will be doing). Import drills are fine for wood, but won't do well for metal for long.
If you want to tap holes, buy a tap and drill set that includes the special drills. I don't recommend buying full sets of letter and number drills.
Brad points are good for wood but you can't sharpen them.
Spade bits are generally garbage, but they have their uses.
Forstner bits are good when they are good, terrible when they are cheap imports.
Generally, US made drills are significantly better than everybody else's ****. This isn't just a patriotism thing. Its my observation.