What about good home recording equipment? I've been messing around with NCH music software and recording my own stuff on an iPhone6 voice memo app.

I'm thinking there's better stuff than that. Any recommendations?
Here are three winners, and they're free:
Audacity
Freac audio converter
Bandlab (with the now-free Cakewalk software)
I'll post some more when I get time to grab links.
Dipshit tube freak thought I was setting up to sell you something (lol), no - - this is just shit I love to discuss and love the process.
GT, the only assholes here are YOU and the Syntholizer: And you've proven it in bristol fashion too dim to even realize it. I came here and simply tried to point out that in buying a prepackaged, self-powered speaker system that someone else had put together, complete with self contained crossovers, EQ and amplifiers, that you were paying the
HIGHEST possible price as ideal consumers for someone else's idea for a ready-to-go prepacked solution!
THE POINT BEING that you were in effect
AGREEING WITH ME with your classic cheap Yamahas all the while arguing against me-- that you could attain JUST AS MUCH if not more, if you were simply willing to shop around and find some good used speakers yourself, buy some DOD or dbx crossover networks, buy some good used amps, and do a little work and put it all together with a little knowledge and end up with sound
every bit as good as the OPs $20,000 speakers, but for maybe just a couple grand instead. I know, I've done it many times. I've been putting sound systems together for about 45 years.
But instead of understanding that, you began talking of pink sweaters and yachts and other bullshit totally confusing an ENTIRELY DIFFERENT DISCUSSION about what the REAL high end was and what you could really spend on it--- if you want to, as per the OP's thread title.
But it wasn't enough that you guys made complete asses of yourself completely missing my points here, but then you went on to try to DENIGRATE someone for merely suggesting ways to SAVE MONEY!
A LOT of money.
I'm probably the only person here with REAL pro sound experience in actually ENGINEERING solutions, but instead of listening to me, whether you guys want to do that work or save thousands or not, you've completely thrown up a wall of bullshit misreading me 180° while defending your right to spend as much money as possible on prepackaged consumer solutions because that's what all your buddies do and tell you to do as well.

So OFF with you, fool! It's not my cash!
And that idiocy is exemplified in your suggestion that someone spend thousands on generic room treatment without so much as even knowing the room being used, the speakers, their placement and characteristics, or doing any measurements from the mixing position.
Call me names, but YOU are what we call in the industry a HACK.