I use Borgbackup for backups, and Borgmatic to handle scheduling them. Borgbackup is a fantastic piece of software.

For storing the backups, I use a storage VPS. I got one from HostHatch a few years ago during Black Friday sales, with 10TB space for $10/month. Hetzner have good deals with their storage boxes, too - they offer 5TB space for $13/month if you’re in the USA (you need to add VAT if you’re in Europe).