Ironically, the cheapest meter needs to be used by an expert, not the beginner. An expert will understand the limitations of a piece of equipment but a beginner will have no idea. That is the problem with people recommending cheap meters to beginners. They need the extra safety when they make a beginner mistake.
Or tell the beginner to only use it on "intrinsically safe" things, e.g. less than 30V.
That voltage is sufficient for many (most?) beginners' purposes, and if they need to exceed it then they have been forewarned that they are heading into less safe territory.
So, to protect the beginner, we need to recommend CAT IV 1000V meters as a minimum. After all, they just might decide to stumble into working on utility distribution.
Nothing is safe! I don't care how good your meter is if you drop your ChannelLocks across the battery terminals of your car. Or, you wear your watch with metal band while reaching up behind a dashboard.
I just don't see hobbyists working beyond the definition of CAT II - cord connected devices. On my bench, 12V would be a higher voltage. OK, I do use +- 15V for op amps. But these supplies have serious current limitations.
Designing mains connected SMPSs? Why? It's been done and every conceivable variation is for sale on eBay. Think you're going to cut a fat hog? Forget about it, better engineers have tried.
I would be willing to bet that none of the folks around here wear the mandated low voltage gloves when working on > 50V. They are required in industry but never used by hobbyists unless the voltage gets crazy high. And even then...
The Aneng fuses are only rated 250V and that seems strange for a meter with a 600V CAT III 1000V CAT II rating but the highest voltage I could conceivably work on would be 240VAC and I don't use DMMs for that kind of work.
It's funny in a way: There was a time when DMMs didn't have a rating, there was a time when DMMs didn't exist and there was a time when V-O-Ms weren't even fused. But, somehow, we're still here. Amazing!