I 90% agree with you. When it comes to hand tools I don't scrimp at all, but power tools can be a bit each way. If you are going to use a lot, then buy good. If occasional then meh.Only advice I have is to buy good quality tools and gardening equipment Softy..
Some of the jobs we have to do around our homes are a big enough pain in the arse let alone having to put up with un reliable rubbish.
An example, and I will start with you should never do any electrical around your home. You are unlicensed and the threat of death is real. Engage a licensed tradesman.
That said, if you did happen to buy some electricians insulated pliers and screwdrivers purely because they look way cooler than normal screwdrivers and pliers, then BUY GOOD TRADE QUALITY ones as it may just make a difference in how your experience fairs.
If you buy a tool to do a job around the home, then the chances are you will need it again in the future.