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Even ignoring the pricing of these streaming services, having a Jellyfin server these days is basically mandatory for simple convenience sake. You can have everything in a single place on Jellyfin instead of having to deal with multiple services.
If your paid product is worse than free alternative you already failed as a business.
My partner was subscribed to Crave for ages. A little while back she was in the middle of a rewatch of Sons of Anarchy when the app started to act up and wouldn't work, so I grabbed a copy and put it on Jellyfin.
She was floored by how much immediately better the video quality was and cancelled Crave the next day. Shocked at how much worse the experience was with the paid service compared to free.
I currently don't have a spare device or whatever is needed to set up a server, but definitely agree with your point. Best I can do right now is having my shows/movies stored on a 1TB drive that's almost full and a 2TB drive I have yet to touch, which just works for me.
Your jellyfin server can just be your computer, it just needs to be running when you want to watch the content.
My desktop hasn't been shut down other than for quick system updates (and it's Linux so I do mean QUICK) in several months.