Not at all. I built my NAS in 2020 so it's been over 5 years and I've had 20 drives running 24/7 that whole time. Some of the original ones I have swapped out for larger drives. But some of the older 3TB ones have over 80,000 hours on them and are still chugging along.
I use unRAID so when one does eventually die I can just replace it and rebuild pretty painlessly. Originally I expected to lose at least 1 per year but they just don't die. Maybe I'm lucky.
Also I noticed even though 8TB has skyrocketed, looks like 6TB are still around $35 and 3TB are as low as $13 if you are okay with smaller sizes.
Same here. I've been using Lineage since it was Cyanogenmod and I've never encountered banking or payment apps not working.