bill_me_l8r,
Ah, my pet peeve...
As a tradesman, (Toolfreek will hopefully back me up here...) A cheap tool is just that, cheap.
You don't need to go and buy a set of tools, just the few that you are comfortable using now.
Just remember, long after the low price is forgotten the quality remains... or, when it breaks you will bleed, at which point you'll forget what a bargain you got.