Wot a great thread topic, Chris!
I agree with what the others have said. I have only one Permagrit tool, but will be getting more. A useful gadget is a strip of balsa 1" wide, 1/4" thick and about 8" long. Stick (PVA) a strip of sandpaper to one side and hold it in your 7" woodworking vice for a few minutes. Then, stick a handle on the other side and you have a non-permanent grit tool of your own choice of grit size. Very 'andy for sanding frames etc. Just stick another strip on top of the worn one as necessary.
There is always confusion about what Scratch building means. To me, it means seeing three views of your prototype and scaling it up then designing and building an aeroplane to fit within the outlines. I have never done that, though Richard Nye has (C47 Dakota scaled from a Revel plastic kit).
The best, really the only, way to get into building is with a kit. Go for one that has laser cut parts. The old die cut jobs are a pain (see the Bleriot thread). Flair Models do a great range of kits, as do many other companies.
In answer to your question re carving, NO, balsa does not carve well, unlike bass (lime) wood, which is too heavy for most of our purposes. For a complex shape (eg a cowl) you would get close with some really sharp woodcarving gouges, then finish with sandpaper or a fine curved file. I mean Really sharp.
I have never used a jig, though often coveted one. A small engineer's square is also an essential, as are straight edges, 6", 12" and one yard in length. **
For building boards, contact John Jacobs (member) He makes them at DT's sizes out of framed Sundealer for £30.
Finally, if you are a good wood worker, you can build planes.
** Just realised you probably were not taught Imperial measures!
An afterthought. A roll of teddy bear wrapping paper is good, for covering plans whilst you build on them. Non stick, transparent. When finished, throw it away.
Just seen Phil-F's bit. For the Rascal I used the household clothes pegs. I got my own set for Christmas! EEEh, Luxury!
Add a set of small files (2 mm thick). A set of really small files (1mm thick) is also useful