A lot of the equipment needed/desired for fiber arts is quite expensive.  Part of this is exclusivity, supply and demand, and people into the fiber arts are willing to pay for quality.  However there are a lot of plans for free/less expensive versions of equipment also.

I created my own warping board, following plans from interweave press, out of pvc.  I love it, I did have to glue each joint together so it would stop slipping, but that was my only set back.  Now I am turning my sights to Wool Combs and Hackles.  I do have a slicing tool coming in the mail, it is made out of metal so I have high hopes for it.  If that should fail, I found these plans on the internet: