You may well find , in the future, that a Slitting saw is quite useful. I often use 4 inch ones, so as to get a reasonable depth of cut, when needed. (A 4 inch saw on a 1 inch arbor will cut inch and three eighths deep, max.)! If finances will run to it, a Bandsaw is also very useful. (Because of space limitations, mine lives outside under a cover made from Curtainsider materia, and regularly sprayed with oil)l
I started with a small bandsaw, but it used blades faster than I can eat chocolate, so exchanged it for a 4 1/2" one.
Use plenty of coolant, soluble or neat cutting oil, and don't overspeed. If in doubt run slower, and feed gently. Over feeding will cause a saw to wander, or jam or both. When you mount the saw, do not use a key, rely on friction for the drive, otherwise, if it jams the saw may shatter.
Having been narrowly missed by a saw when it shattered, you do not want to be nearby if it happens!
H T H
Howard