There are so many options for cutting out your printable designs. You can use a paper trimmer for straight lines and scissors for more intricate objects. If you plan on creating party printables, get a 2” round hole punch for cupcake toppers and gift tags. It's a minimal investment that will save you hours of time, and your hands will thank you. Also, check out the hole punch aisle at your local craft store for more options.
The great thing about printables for personal use is that you don't need to have a fancy printer or pay a printing company a fortune. Simply print graphics at home with an inkjet or color laser printer. You can find a printer for as little as $60 or upwards of $2000. Don't think you need an expensive printer to create incredible graphics. A printer in the $100 range should work fine.