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Swiss Army

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Photo: creativecommons.org/joelogon
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 I would say a decent pocket knife. You can drop a couple hundred on a great one, but they get lost pretty easily. Learn how to whet and the cheap one will do you well until you lose it. A pocket knife can definitely come in handy in many scenarios, from emergencies to simply cracking open your Amazon package. 

Many pocket knives are also multitools, so you can get more for your money that way as well. Reddit User: Sgt_Spatula

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