One thing that has annoyed me is how much Kreg Pocket hole jigs cost. Its not much too them but $40 is alot to swallow. There are clones, but I believe they are trying to avoid a patent so they all stink. This is a nice simple build that you can do, I would by the drill bit thought.
http://www.instructables.com/id/Make-a-Pocket-Hole-Jig/?ALLSTEPS