As you can see there are lots of strategies. You may want to consider what you have first -
- Volume of data
- types of data
- degree of risk
- restoration of data
- speed of restoration desired
This is a very general list that can be broken down further. I would imagine most home users would be happy with an external drive whether directly attached to their computer or free standing on a network (NAS). Additionally some cloud location as well. In the past, people would often use items such as tape backups and rotate them to locations off site.
Perhaps an easy option to start -
The original data location - your computer
Duplicate 1 - external drive
Duplicate 2 - Cloud location
If you are only duplicating data such as your photos, then you can use items like CCC, any specific synching tool that works between your target drive and your local directory full of your data or of course TM for Duplicate 1
For Duplicate 2 - depending on your volume, you may consider Apple iCloud if your total volume is not overly high. 50 gigs is a buck or two a month. It has the advantage of some options to customize and may be available to your other devices.
One method that didn't quite get the recognition it deserves is the use of archival discs. These are items such as CD, DVD, Blu Ray type of discs that are of archival quality. Some last a decade and some are rated for several decades before deterioration. The advantage of discs is not only can they remain local but easy to get to other locations for "off site." The three drawbacks are - proper RW disc drive, obtaining the archival discs and time to both burn and if needed, retrieve the data upon a "restore."
As for me - my needs are simple so is my solution. NAS, external drive, and iCoud. I don't need terabytes of space for photos, music and sensitive material. I pay out for the iCloud and in turn have easy access in my eco system. There are of course superior options than iCloud but I am lazy in my somewhat old age.