Hello from Dixon, Ca. I haven't done any real woodworking since junior high and even back then it was pretty basic. I recently finished a snake cage for my daughter using some old lumber and a skillsaw but it left me wanting to do better.
I end up with a little play money from time to time and hate to spend it on expendables such as going out to dinner, movies etc etc. I much prefer to spend it on something that I can retain. I have a boat on wheels (Jeep) that has eaten enough money and want to move into something else. Woodworking looks like it just might fit the bill.
I am cramped on space, a 3 car garage with a dividing wall. I use one side for reloading, metal fabrication, tools etc and the other side my wife kind of took over. I plan on stealing back her side, she already has the extra bedroom/closet. With kids bikes etc it's still not a lot of room but will do.
Aside from lots of basic hand tools I have very little specific to wood. I was an electrician for 11 years and at age 47 I've collected a few things. I did score a free band saw last week so that helps I've got $700 to start with and will be looking at craigslist etc for a table saw and other equipment. I've read quite a bit already on this board regarding recommendations for the beginner.
Some projects that come to mind include a new cage for my daughters snake, new computer desk (this one is 20 years old and falling apart), new closet based chest of drawers, tool storage for the garage.