A lighted tool including a handle member, which has a distal end adapted to engage a blade member or other implement. A light module has a light source capable of producing a beam of light and the light module is of a size to be complementarily received within the bore of the handle member so that the light source illuminates the blade member engaged with the distal end of the handle member. The light module is preferably detachably secured within the bore of the handle member, such as by complementarily threaded surfaces, so that the light module is insertable into the bore and removable therefrom. Thus, the light module can be either used to illuminate the blade member and work piece when disposed within the bore of the handle member or used independently as a conventional flash light.