On this topic: I heard once that you should first buy cheap tools. Use them until they break and then decide what you want to improve about those tools and buy better ones. Often those first tools never break. This seems like pretty good advice for most things.

As a person who has been buying cheap tools all my life... YES! Most of the tools I bought came from thrift stores and the bargain bin. If someone stole my toolset, it'll probably amount to $60 lost.

But they've lasted for 15 years now. Not because of quality. But because my frequency of usage is so low. I've used a hammer what... 20 times in my life?

I did replace my screwdriver kit and Allen wrench set twice, because I use them a lot.