Tools
This is a great starter set that I have been using for years and has not let me down yet.
If you have a little extra to spend on a drill and driver combo this one is a great choice. It's a brushless set so it's lighter and more compact than the standard model.
This is a great portable benchtop joiner that doesn't break the bank but still does a good job. It regularly goes on sale for under $300 which is when I would recommend picking one up.
Great router at a great price. It's variable speed so it can easily use a wide range of bits and is very portable. The one drawback is the 1/4" collet which can be limiting at times.
Bits
Good basic bit set that has some pilot points to reduce the risk of the bit slipping when starting a hole.
Good all around bit set. Has every size bit you might need for any project.
Great high quality router bit set that is still affordable. Has most of the router bits you would ever need.