Sounds good.
There are a few threads on the Forum, one fairly recently, that you can search for and which deal with a basic assortment of tools a hobbyist might have on hand.
You should also check MicroMark's website. They have a voluminous selection of modeling tools and accessories as well as a good selection of paints and chalks. Depending on what you are doing, inexpensive latex paints (big box stores) or acrylics (Michaels/Hobby Lobby) are perfectly acceptable and work great for many projects.
