Howdy, Shroomy!
I paint the handle a light "wood" color (usually tan or light brown), then after it dries I slop on some flat black or dark brown and then use a rough rag to wipe most of it off, leaving streaks of the darker color which to me do a good job of representing the wood grain.
Some folks do it the hard way, painting grain on with a fine brush, but the "wipe method" works for me, and it's quick!