Again, IMO, there's only one real choice here: old fashioned bootcamp (get a PC (too)).
Windows ARM has potential to cover some bases. Virtual Windows "as a service" options exist for lite users willing to pay per use and/or subscribe. But the practical option that really doesn't cost much money is a dedicated Windows PC. I bought my first one in about 15-16 years and am pleasantly surprised. Those of us long accustomed to Apple pricing (for "another record quarter of revenue & profit") may have forgotten that the ability to shop around for RAM and SSD means competitor driven (LOW) prices... and the PC industry is also insanely competitive such that there's probably nobody there with Apple's big fat margin.
So take a budget for about HALF of a "loaded Mac" and go shopping. That budget will buy a LOT of PC.
The big question now for the practical computer buyer who wants both is what combo: Mac desktop + Windows laptop or vice versa, 2 laptops, 2 desktops. And if so, big tip from me is to choose a monitor with multiple inputs so that both can easily share the same screen, keyboard and mouse... which is quite doable.
For those where money is tighter, remember that the old Intel Mac that you might leave behind for Silicon can easily become a pretty up-to-date PC running at least Windows 10. So one could embrace Silicon as a next computer and convert the old Mac to being the Windows PC to cover that base too. When it conks, buy a new PC then.