I have been scratch building for about 25 years and the only power tools I possess are, a small 7.2 volt cordless drill, a 10" Band saw, a Dremel type rotary tool, and a Bench top grinder. The tool I will buy soon is a good quality pedestal drill and later possibly a scroll saw.
I have found hand tools to be more than adequate for my projects for all those years so I am not rushing into buying power tools.
Buy the best quality you can get in any tool and you won't regret it.