Glad it works out well for you.
I just can't stand this new 'rental' model for software. It's like they artificially inflated the prices of their products to make this seem more attractive.
Very little is going to actually change in an office suite for the next 20 years. What more can they do in a word processor that it doesn't already do? Aesthetic changes, that's about it. The reality is that we're reaching a point where nobody wants to pay $350 for Word with a different color scheme. I've been using Office 2007 at work since, well, 2007 and it works just fine for me. I've used 2013 as well, does the exact same stuff. Looks a little cooler I guess. Not $350 (PER COMPUTER) cooler.
Now that nobody wants to pay for upgrades any more, they've come up with a new scheme that lets them collect money from you every year until the end of time - and at the end of it, you own nothing.
At least Netflix gives you new content every once in a while.
For your use (which sounds pretty basic), you could probably get by using the online Microsoft Office apps that are free, even without an O365 subscription. Word Online, Excel Online, etc all free... No O365 subscription required. But keep on barking about paying too much if you like. https://www.office.com/?WT.mc_id=Office_Products_site
If you are only seeking to do what you did with the product back in 2007, then yes, the product isn't going to feel much different to you. However, for folks doing business intelligence for example, Excel has added quite a bit since then. For enterprises there are a lot of new features in newer versions... https://technet.microsoft.com/en-us/library/office-365-enterprise-value-service-description.aspx
As others have said, if your company has a Home Use Program on their licensing agreement, you can get Office really cheap (as others have stated typically $9.95). If you have a kid in school that uses O365, then most likely you are entitled to a free O365 subscription, if your company uses O365, you may be entitled to a free or very low price O365 subscription... and there are a couple of options on O365 for home use as well https://products.office.com/en-us/buy/compare-microsoft-office-products if you don't need the extra 5 PCs/5 Tablets, etc... but again, keep barking if you think you are paying too much.
Most software companies are going to a subscription based model. It allows them to keep folks on the newest versions, with the newest features, and have a fairly steady revenue doing so. It also keeps companies from having to support several flavors/versions on various hardware platforms (Microsoft currently supports most enterprise/business products for 10 years after release). The old model of releasing a complete new version every 3 or 4 years is gone, and companies that continue to follow that model are going to have trouble staying competitive.
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