FWIW, I have always used just the 5.00 pH drops. If you use the same water source, the pH of the water wont change. Once you test your nutrient mix a couple of times you will see that it doesnt change much either. As for testing your soil, thats easily done with pH drops as well. PPM and other indications are more important in hydro systems. Soil is more forgiving.
I'm not saying you dont have pH problems, as you probably do if you havent ever checked it. But pH problems only become apparent when you have signs of nutrient problems, as an "out of limits" pH prevents the uptake of nutrients, or nutrient lock.
You can spend alot of money of tools if you like. Some people just like gadgets. And some people just think you have to by all sorts of stuff to get a plant to grow, whilst others are trying to sell you the "this is what you need" item that is going to make them money.
Or.... you can get the drops, establish what your "normal levels" are. Adjust with some pH Up or pH Down if needed, then let the plants tell you if there is a problem. In my experience, once you know the pH levels for the water, nutrient mix, and soil, its just a matter of adjusting up or down everytime. Unless you are adding things you normally wouldnt, your pH levels for water and nutrient mix wont change.
The soil pH can change over time as the nutrients in the soil are used and salts build up etc. In my experience I check the pH level of the water run off in three stages:
Mid-Veg (approx. 3-4 weeks)
Flowering Stage
Start and End of Final Flush
In my soil grows I find that my pH levels only changed at those times. The levels would drop slightly, and so I stop using pH down, once flowering starts. My water pH is high so by not using the pH down that I use during veg, it bring the soil pH back up.
The point is, you can spend the money if you feel you have to, but drops will works just as well. Scientific rated tools are used where accuracy is critical. Any plant you grow wont need that level of precision. My 2 cents