There are pros and cons to this alternative depending on the solution you choose.
One alternative is to use a backup solution that works alongside Time Machine. But what if a fire or flood destroys your home or office and also destroys both of your backup copies? What’s a Mac User to Do to Get Full 3-2-1 Data Protection? But what if something happens to that disk? Okay, so you can make multiple disk copies.
Why? Time Machine only backs up to a local disk.