Well said!
Welcome Harry!
I would add that early in my woodworking journey I purchased tools well just becuase its what I thought I needed or I saw a review or becuase my friend had it, etc. Now I buy tools based on the upcoming project. I decide what I will be working on, whether I have the tool needed, if not do I have a tool that will work or is it time to purchase something. My ultimate goal is to build amazing things not collect tools, in my current flow that is just a happy by product