Projects recorded to SSD.
SSD then copied over to internal HDD (PC) or external USB3 HDD (Mac).
Further copies then made to network accessible storage, with a final copy to 2TB USB drive connected to NAS.
Then clear SSD to recover space if needed.
I don't use remote cloud storage because I like to know where my data is and what it is doing. Also copying large quantities of data to internet storage is a slow process. Finally it's much cheaper to buy 2TB external drives than to hire anything like that amount of remote storage. Once the drive attached to the NAS is full (or if we're going away) it gets relocated to a more secure location just to be on the safe side.
The principle is that data which exists in only one place is transient and could vanish at any time if the drive fails. When I ran HDDs in RAID 0 I was even more paranoid. But I've seen hard drives fail and also seen people I know lose important data when a drive fails without warning. Including a friend who lost their entire Master's research thesis, both the final version and all the drafts, along with all the data it was based on a couple of weeks before it was due to be printed off and handed in. Did they have a backup? Yes, but on the same drive as the "working" data set. Duh!
Once upon a time I burned backups to CD then as the technology became available, DVD. Nowadays I just use external HDDs because they're cheap and at least as reliable as DVDs burned from an optical computer drive and far faster to work with.