

Sure, rent a cloud server for $10/month, install Docker/Podman then all self hosted services you need. Invite people on your Jitsi Meet server, publish your videos on PeerTube, work via NextCloud, etc. It’s not easy the first time but with each (well documented) step it becomes easier. Most important : backup your data.

That’s actually my recommendation yes.
If somehow after a month you feel like you do want this “lifestyle”, are comfortable with setting up a VPN (if you need external access) THEN spend more and get your a SBI like a RPi and have it at home. If that’s still not enough then go up to a proper server you host, use a non commercial ISP, etc … but IMHO don’t start with a server at home if you are not familiar with all this, it’s counter intuitively harder and definitely more expensive.
Also FWIW you should still have an offsite backup regardless of how you do it.