With Microsoft 365, you get up to 6TB of cloud storage (1TB per person) and the entire suite of Microsoft applications, one that keeps on growing: Word, Excel, PowerPoint, Teams, Access, Publisher, OneNote and Outlook as well as Editor, Defender, OneDrive and Clipchamp.

If you use Microsoft Office for personal tasks, there's no reason to choose a monthly license. It's way more beneficial to invest in a lifetime purchase like this one.