There should be an option if your lost,were you go to the options menu,and it says,would you like to go to spawn or bed?Click one,and arrows would point you to it.That's my idea.
No, this will ruin minecraft. Going to get killed by a zombie? Just warp back. Going to lose your diamond because you fell for you friends trap? Just warp back. Probably one of the worst suggestions i have seen
There's no "U" in "AWESOME", but there is a "ME"@Ebob101

True,but it points to the spawn only,not your bed.
Just like a compass.
It might,but imagine being lost for ever in Minecraft because you can't find your house with a bed.P.S. Nice picture!
Click them or they will click you
'TIS A COMPASS!
And you said teleport in your post, so I'm assuming this....
YES, MY INVENTORY IS FULL OF DIAMONDS!!! Oh no, I hear a karma creeper! Wait a minute, "i'm lost", so HOME SAFE!
Creeper: SSSSSSSSSSSSSSSSSSSUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU *boom*
Then just craft a compass this is the recipe :
Dont suggest something that has already been added in-game
Click them or they will click you
But it also has an option of going to your bed.
Still, not needed. Dont go far away from your home and your fine
Click them or they will click you