First Time Knife Questions

[Kunai]

So I've recently decided to make my own fixed blade. The blade is 4.5 inches long, one inch across, and most likely 3/16 inch wide. The handle is four inches long, and I'm aiming at about half an inch wide. I was wondering if anyone had any recommendations concerning cheap, softer steel, and also a good looking wood, preferably with a reddish color to it. I would also really appreciate some other tips, for whatever you think I might need, and also maybe a link to a good first belt grinder. I don't have a big budget right now, so my main tool is my dremel. I have plenty of metal cutting wheels and grinding wheels, but of course it's not preferable. Thanks!

 

[Cereal_killer]

What do you plan to do about the heat treatment?

 

[Kunai]

I've thought about it, and I'm thinking I'll throw some charcoal in my fire pit or grill, then dunk the metal in water. I don't have any real set-up yet, like I said, but I did some research and this worked for some people.