I am retired and on a limited budget. I have a diamond hone from harbor freight. A Japanese water stone (6k) about $60 and a (12k) oil stone about $30.

I set the bevel on diamond hone then 6k until edge is polished. Now 12k and finish on a sheet oh 1/2" glass. Finally strop on canvas with paste then leather. Sell my razors on eBay and my customers are very satisfied. So are my customers from my honeing business.