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Over the years we've been asked numerous times if we carry children's tool sets. Unfortunately most of the tool sets commercially marketed for children are more like toys than real tools, and they either tend to break, or are unusable to begin with. Like learning to play music on a cheap instrument, working wood with poorly constructed tools will soon frustrate even the most ambitious student.
Being without machinery to dimension and dress rough timber myself I can definitely see the benefit, but I think the investment (both in money and space) in machinery like this is premature for ‘basic’ woodworking. Additionally, without some other machinery (table saw, bandsaw) you’re still going to have trouble dimensioning smaller timber for projects from large/rough stock (e.g. producing timber strips for case fronts, ripping to reduce thickness, etc).
After you have chosen the perfect table saw for your wood shop, the next major purchase one should consider would be a compound miter saw. While not as expensive as a quality table saw, a compound miter saw is invaluable for cutting compound angles (beveled, mitered and combination cuts) on the ends of a piece of stock. Once you develop your ability to make precise cuts with a compound miter saw, you'll find that your circular saw spends a little more time in the drawer than it used to.
The very affordable coping saw (often around $20) is regularly used for rough cutting shapes in the board, but especially for removing waste from dovetail joints (one of the most common wood joints). An affordable coping saw will work just fine as long as you have plenty of replacement blades on hand (also very affordable). Read my hand saw buying guide for more detail on brands & features to look for when purchasing a coping saw.