The interesting thing in my experience is that cheap(not ridiculously cheap), 50-150 dollar meter isn't that dangerous as all of you speak. Ok, it blows inside, but if case is sturdy enough - nothing will ever happen to you. So stop that "if you wan't to live" crap :-) In 12 years I fried only one DMM, cheap, 40 buck one, when my HV PSU gone wacky and full 2KV 0,5A power to the output, and DMM was hooked up to it for more precise voltage setting. I have better DMM, agilent U1242B, very happy with it, but the death of cheap DMM only amused me :-D while the death of agilent would have knocked me on my knees screaming "why gog, why!?", pounding my head into the bench :-D
Yes, money has much bigger value for me now :-) Studying at university, zero parent support...