I have started researching the best (but not super expensive) cooking tools and I found this helpful list from Consumer Reports.
I actually already have one of the tools on the list. The KitchanAid mixer. KitchenAid Artisan Stand Mixer KSM150PS - Contour Silver - KitchenAid (Google Affiliate Ad) And, while I don't use the mixer on a daily or even monthly basis, it does work very well.
My plan is to take this list and compare it against what I've already got and work on improving our stock of kitchen tools. At present, our biggest issue is cookware and knives, although I could also use some better baking sheets.