Judgebc my dad was the same way, keep an item as long as you can.
Tinkertailor I get what you are saying. You dont have to spend a lot for otherwise common tools like hammers and dividers, they do the job well.
Theres is also nothing wrong with having a functional tool or precise tool like a japanese leather knife, it depends on what you want personally. Stores are after your cash and dont some mind selling you low quality tools. Leathercrafttools.com, Springfieldleather.com I find are fair companies for functional tools, tandy is not. They even took the website name leathercrafttool.com to reroute to tandy. The way they conduct business is predatorial in a market that has few to none brick and mortar competitors.
After I was into the craft I decided to buy good tools (functional, precise, beautiful or a combination) to last my lifetime because that is how long I plan to be working with leather. There is something about buying nicer tools that make you want to create better quality goods, thats my opinion. Something about pure functional heavy duty tools that inspire confidence. Buy tools made for a professional so that you have something to aim for. Beginner tools in my opinion after you are intermediate inspire mediocrity.