Hello brannsiu, good question and there are several ways or media you can use. All have their pros and cons and you will need to pick one that suits your needs best.
The conventional wisdom by tech experts on backups is known as the 3-2-1 method.
Basically you want:
3 copies of any data you don't want to lose
2 different mediums it's stored on (so 2 different drives in your computer, for example)
1 copy kept offsite, to prevent against disaster. (like a DVD/CD/BR)
This is the general rule most people recommend and it is a good plan.