A 4x36 combo belt grinder / 6" disc sander is an inexpensive sander that you will still use when you do buy a real knife grinder. It is useful for flattening scales, putting bevels on bolsters, and even roughing out handles. Also for roughing up tangs before glueup.
You can get them for around 100 or so. I have a Delta brand and like it.
Even BETTER, is the Rigid Oscillating belt sander/spindle sander. I love mine, but they are 200. It does not have a disc sander but it is useful in it's own ways.
Dan