The Leatherman Skeletool is ideal for both work that requires tools, and general household repairs. The Skeletool comes with a 420HC stainless steel clip point serrated edge knife, needle nose pliers, wire cutters, hard-wire cutters, and regular pliers. It also comes with a bit driver and a carabiner/bottle opener. Most of the things you need from a tool kit in the form of a small pocket multi-tool!
The bits that come with the Skeletool include a Phillips #1 and #2 Bit and a screwdriver 3/16" and 1/4" Bit. It also comes with a nylon pouch. If for any reason you're not satisfied with this product, it comes with a 25 year warranty.