This is what I think is a good compact compromise as far as cutting tools go.
I think that the axe is somewhat superior to a saw , a piece of recalcitrant wood can usually be beaten into submission with an axe or hatchet , not always so with a saw , but I have the need for a small saw covered in the Leatherman.
The small axe is also a useful tool to have in an urban environment so this setup will be good for Urban as well as Wilderness use.
The items shown will fit into a large "Bum-Bag" or "Fanny-Pack" , or , can easily be carried on the person.
If going into the "Wilderness" (if such places still exist today) , don't forget to take along your Knowledge , Water Bottle and Billycan
.