There aren't many ways to get out of a stagnant wage rate, but owning your own business is one of these methods. It can provide a lifetime of benefits, provided that you run it successfully.
Unless you are going for the ultimate and most expensive smart home setup, you don't need to spend all your monthly income on buying lots of components, sensors, smart bulbs, security cameras, etc., since for most users, it would be overkill anyway.
