6 D.I.Y. savers for your toolbox

With these low-cost toolbox basics and a little elbow grease, you can save as much as 75% on home projects.

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Rotary cutter

This palm-size tool uses a spinning bit to slice ceramic tile, wallboard, even laminate flooring, like the proverbial knife through butter, so you can cut whatever notch or curve you need.

A basic Rotozip costs $60 at coastaltool.com, where you can also get the bits ($5 to $10 each).

NEXT: Electronic stud finder

Last updated December 08 2008: 11:05 AM ET

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6 D.I.Y. savers for your toolbox

With these low-cost toolbox basics and a little elbow grease, you can save as much as 75% on home projects.