Please remember that varied categories of fire extinguishers exist. For instance water makes many burning liquids worse.
MSDS are a good idea, but if you don't relativize them properly you get unnecessarily scared. You could start with the one for ethanol (the alcohol commonly ingested in drinks).
Chemical experiments at home, I started with 9... Safety equipment are a good thing, but I feel more important to try to know what one is doing, try to prepare for the unexpected, and think before doing. My source of chemical compounds and hardware was an experiment kit, but soon I used household products and these can be more dangerous (bleach, toilet cleaner, sulphur, solvents and more).
All that in the absence of my parents of course, which wasn't a bad thing because they had little scientific background, and soon I was more able than them to evaluate the potential risks and react to unexpected events.
Besides safety hardware, I'd suggest to:
- Operate near a source of water, on a ceramic or metal surface, and prepare to join the shower - mentally too
- Operate near a window or a door, prepare to open them: nothing in the way, train to manoeuvre
- Train (outdoor...) to extinguish varied fires by varied means. Not just wood and paper: also liquids lighter than water.