What you need for solder-less prototyping
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Breadboard: This allows you to prototype a circuit without permanently fixing anything in place.
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Jump wires: These are tiny lengths of wire that are ideal for building circuits on a breadboard.
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Needle-nosed pliers: These have a pointed nose to allow you to hold tiny objects with great precision. They’ll save you a lot of swearing!
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Multimeter: A good meter can measure volts, amps, resistance and continuity amongst other things.
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Power supply: Similar to the power supplies for laptops. A 12V DC power supply with a 2.1mm jack is good for many small applications — just make sure that it supplies enough current!
What you need for soldering
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Soldering iron: Comes as fixed-temperature, temperature-controlled, gas-powered, or a solder station. Getting a temperature-controlled iron will set you back about $30 (£20) and is a good investment until you can justify getting a nice solder station, such as those made by Weller.
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Solder: Buying lead-free solder is a good idea for your health and the environment.
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Third hand: Also known as a helping hand, this tool is good for holding boards and components in place.
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Adhesive putty: Cheaper than a helping hand and often more reliable for arranging your circuit and components for soldering.
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Wire cutters: A good set of wire cutters will have a pointed nose for precision clipping.
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Wire strippers: Can be manual or mechanical. If you can, try them out in a shop to find your preference for the wire you are intending to strip.
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Solder sucker: This is a vacuum tube that’s useful for undoing soldering mistakes.
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Solder wick: Another way to undo mistakes is to melt excess solder into a piece of solder wick.
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Equipment wire: Buying a few short reels or multicore equipment wire in various colors is always a good idea.