I have a strap button screw in my Squier Affinity Strat that I have to re-fasten every week or so, and I'd like to carry out a more permanent repair. There is no visible damage to the screw hole or the area around it or to the screw itself, it just doesn't fit tightly enough or the wood is too soft. This is a 15-year old Indonesian-made guitar with an Agathis body.
So I'm sat here with my guitar, a box of toothpicks, and a tube of wood glue; how do I proceed?