You can spend an enormous amount of money on woodworking tools and produce nothing. Here is a more useful order of spending.
**Buy first**
A decent hand saw, a combination square, a marking gauge, four sharp chisels, a block plane, clamps — and then more clamps. This is a small fraction of the cost of a table saw and will let you build furniture.
Accuracy lives in marking out. A cheap square that is not actually square will make every joint wrong in a way you cannot diagnose. Buy one good square and check it.
**Buy second**
A cordless drill and driver. A random orbit sander, which will save you more hours than any other purchase. A circular saw with a straight-edge guide, which does most of what people buy a table saw for, at a fraction of the cost and floor space.
**Buy last, or never**
Table saw, planer, thicknesser, bandsaw. These are wonderful and they are what a shared workshop is for. Use ours. The economics of owning a thicknesser only work if you are running material through it weekly.
**Sharpening beats buying**
A sharp cheap chisel outperforms a blunt expensive one, every time. Sharpening equipment is the highest-return purchase in woodworking and the one most often skipped. Learn to sharpen before you buy anything else.
**Material sourcing**
Buy rough sawn and dimension it yourself if you have machine access — the markup on pre-dimensioned stock is substantial. Buy more than you need; boards have defects. Let timber acclimatise in the space it will live in for a week before working it, or your joints will open up later.
**The honest summary**
Most people building a home shop overspend on machines and underspend on sharpening, marking and clamps. Invert that.