After 35 years in IT with many years of working with disaster recovery planning and testing I get very particular about my personal data...Your data so you can handle it like you want but don't dismiss well established best practices for data backup and data recovery
Exactly. Once one learns just what the minimum standards are at a professional level best practices level, one's personal choices tend to become more conservative.
For example, I'm presently running with a base 3 copy rotation, plus with two (2) full depth remote site backup sites.
Read some of the other forums and hear the horror stories of people losing all their digital pictures of the kids growing up just because they had inadequate backup. Look at the news in California and see the houses burned to the ground in the wildfires. What are the chances that they got their computers and backups out of the fire?
For home systems, two very cheap ways to put into effect a remote site backup system (without cloud) is to take a backup duplicate and (a) toss it into a desk drawer at work, (b) put it into your safety deposit box at your bank.
Granted, both of these rely on the perseverance of doing SneakerNet each backup cycle (weekly/monthly/etc), but particularly once your data backup requirements start to exceed 1TB, the prospects of needing to lay out $1200/year for cloud storage do become a distinct motivator ;-)
-hh