Reddit reviews Color and Mastering for Digital Cinema (Digital Cinema Industry Handbook Series)
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Don't spend money to build a room just yet, lets take this from the beginning. Having all the right tools in the world isn't going to help you from ground zero.
The software I use to do 85% of my professional work up to 4K/UHD is Blackmagic Resolve, and it is available for 0$. Totally free. Make sure you have a computer that can run it.
https://www.blackmagicdesign.com/products/davinciresolve
(Download link on page)
Read the resolve manual included in the installer package. Written by Alexis Van Hurkman http://www.alexisvanhurkman.com/wordpress/
It basically can teach you the fundamentals of color, through explaining features of the program.
His Ripple Training is also very comprehensive and something to look at. http://www.rippletraining.com/products/davinci-resolve/davinci-resolve-12-5-core-training-bundle/
That being said, you should also read the following books:
Begin with this:
Color Correction Handbook also by Van Hurkman
https://www.amazon.com/gp/product/0321929667/ref=pd_sbs_14_t_1?ie=UTF8&psc=1&refRID=QEGXRDSHFHYDDGD6QTX8
If you really want to go deep:
Color and Mastering for Digital Cinema
https://www.amazon.com/Mastering-Digital-Cinema-Industry-Handbook/dp/0240808746
All that being said, a basic foundation in color can also be gained through stills manipulation in lightroom or photoshop first. This is how I learned, and I feel like it really gave me a head start.
http://www.cambridgeincolour.com/tutorials.htm
Read EVERY ONE OF THESE TUTORIALS. This site is an amazing resource for all levels of mastery, I find myself going back to it again and again to refresh and then reach deeper into the void.
(Disclaimer: I am NOT Alexis Van Hurkman, he's just a good dude, and kinda unavoidable when it comes to learning Resolve, since he literally was contracted to write the manual. Also hes good.)
Anyway. Once you've chewed through all that, youll either find its not for you, or youll be back for more, and youll have a much more targeted idea of what your first gear purchase should be to help you get the most milage.
You can do a lot of great work without any gear. Learn how to use the scopes, then a monitor can come later.
Hope this helps.