All multi-tools are not created equal, but most with a plethora of features will get plenty of the jobs done. I personally like, and use often, the Lezyne RAP-21 LED tool, which will run you around $30. I like it because not only is it a high quality construction, but it has just about everything you’ll need, plus a sweet mini light. This will give you a chain breaker, spoke wrench, disc brake wedge, and all the most often used Allen keys and drivers. We’re talking a decent number of tools for 1/4 of what they would cost buying them separately.

The retractable tube is stored inside the body of the pump when not in use, and it can attach to either a Schrader or a Presta valve, the two types of valves you’ll see. Some pumps can accommodate only one type, making them less universal. Toggling between the two is simple, which can’t be said of other models with itty parts that require nerves of steel to handle on a good day, let alone while wearing gloves, crouching in the wind, oblivious to the sewer grate a few feet away.
Every expert I spoke to recommended Pedro’s Tire Levers by name. They have a wide body—a different shape than other models we tested—and that prevents breakage, but more important, the broad, flat surface area of the tip helps it stay locked under your tire. When a lever slips from under the bead of the tire, you can end up repeatedly scraping your knuckles on the spokes of the wheel, which is so annoying. Pedro’s levers are small enough to fit into a saddlebag, are sold widely in bike shops, and even come with a lifetime guarantee. If one breaks, Pedro’s will replace it.
If you’re going to use the chain whip you just made, you’ll also need a way to get that cassette off. A lockring remover is a must-have; unless you use one of the shady removal methods I’ve seen on the internet—which I wouldn’t necessarily recommend unless you don’t care much about the condition of the wheel after you use them. I recommend Park Tool’s iterations here that cost about $6, but you’ll need to buy the specific one for your brand/type of cassette. (By the way, I’m assuming you already have an adjustable wrench laying around somewhere to use with this tool. If you don’t, well, you’ll need one of those too.)
Many bikes, including older models and track bikes, have bolts attaching the wheels to the frame instead of quick-release levers. If your wheels are bolted on, in most cases you’ll need a 15 mm wrench to remove it. We didn’t test wrenches, because there aren’t that many tiny 15 mm wrenches, but the GearWrench 15mm 12-Point Stubby Combination Wrench is perfect for stuffing into a flat kit and Amazon reviewers seem to think the same. Our experts also recommended the Surly Jethro Tule, but it’s expensive and harder to find.
Brakes come in a variety of designs depending on the age and style of your bike. Rim brakes offer more modulation but have less stopping power, so are more suited to riding on the roads. Disc brakes can provide huge amounts of stopping power so are best suited to off road riding, although ‘V’ rim brakes are also well suited to mountain biking. All brakes use a friction system to stop the movement of the wheel, so regular checks of the contact pads should form part of your regular cycle maintenance.