If you're planning a project of any complexity, by your tenth or twentieth connection you're going to be wondering why you're using all manual tools and techniques. It can get very laborious measuring, stripping, wrapping... repeat ad nauseum.
I realize the topic here is "cheap", but to make it a more pleasant and fun experience, I'd recommend spending a little more than rock-bottom. Here's some suggestions (with some specifics):
- Battery powered wrapping gun with backforce and #30 modified-wrap bit. (OK BW-928-BF, bit/sleeve SB30MSH-B/P3032).
- Dedicated unwrapping tool (OK UWD-93-93-R).
- Precision stripper (Claus No-Nik 0.012").
- Selection of pre-cut, pre-stripped #30 wire, colored by length.
- Spool of #30 wire for longer runs.
The tools are available used or NOS on ebay.
Jameco.com has a limited selection of WW sockets. They're still somewhat expensive, but not the pricing you'll see at the major distributors. And it's generally not recommended to re-use WW sockets too many times (or not all, according to some people). Once wrapped, the posts lose their sharp corner edges and subsequent wraps don't bite into the wire as much.
For power and ground, consider using Vector push-in WW pins (T44, T46, T68):
http://www.vectorelect.com/Catpdf/New%20Page%2073.pdfwith wire laid on top, or with their bus strips (T107):
http://www.vectorelect.com/Catpdf/New%20Page%2076.pdfIt provides a much lower impedance supply than daisy-chaining #30 from socket to socket. Example below.