In a way it's not a joke. I was just considering that myself. I pay for a M365 family license, but when I think about it, I could do everything I actually use it for in Numbers and Pages. The only thing is file format compatibility, it is useful to be able to open word documents and be sure the formatting is correct, but even that is less important than it used to be. I used to make use of Office to edit work documents on my Mac, but security considerations prevent this now.

Switch to iWork and get a copy of LibreOffice whenever an old docx document looks funky in Pages.

Buy yourself something nice every month with the money you save.