Excellent topic, I can offer a perspective from my own experience. The biggest benefit of running a homelab isn't cost savings or even data privacy, though those are great side effects. The primary benefit is the deep, practical knowledge you gain. It's one thing to read about Docker, networking, and Linux administration; it's another thing entirely to be the sole sysadmin for services your family actually uses. When the DNS stops working or a Docker container fails to restart after a power outage, you're the one who has to fix it. That's where the real learning happens. However, there's a flip side that many articles don't emphasize enough: the transition from a fun "project" to a "production" service. The moment you start hosting something critical (like a password manager or a file-syncing service), you've implicitly signed up for a 24/7 on-call shift. You become responsible for backups, security patching, and uptime. It stops being a casual tinker-toy and becomes a responsibility. This is the core trade-off: self-hosting is an incredibly rewarding way to learn and maintain control over your data, but it's not a free lunch. You're trading the monetary cost of SaaS for the time and mental overhead of being your own IT department. For many on HN, that's a trade worth making.