what is a good spectrum analyzer to have for a home shop in your
opinion, and also what is a good scope to have and do you have to
break the bank on this stuff? thanks.

A tek 7000 mainframe is my spectrum analyzer, and backup scope.
I have a 7L5 plugin for 0-5MHz, and 7L13 for 0.1 to 1800 MHz
I also have the companion tracking generator.

This stuff was all aquired piecemeal at hamfests, and in total, probably set
me back $1k.
I've had it for (eek!) 13 years!

The 7000 series is getting long in the tooth, but there's a ton of plugins
out there cheap, and they are very nice instruments.

Generally, get the best scope you can afford, and "give till it hurts".
My current scope is a TDS-420 4 channel DSO. It wasn't cheap, except in
relative terms, but it's my main tool for earning a living, and I wouldn't
want to work with less.

Depending on what you want to do with it, you might be ok with a 100 or even
60 MHz non-storage analog scope. You want the bandwidth to be the
frequency you'll be working at. Assuming 11M applications, I'd say 60 would
be marginal, 100 definitely better.

Also, GET GOOD PROBES! I just re-probed at Dayton this year, I think I
spent $800 or so on probes. I got two sets of very nice probes (8 probes
total) plus a set of lesser quality "everyday" probes that I use when I'm
not really pushing the limits. Save the good ones for when it matters.

Some old BNC cable with clipleads will work at audio, but you wouldn't want
to debug a switching power supply with it!