The best home practise combo, for me, is the Peavey Micro Bass. Peanuts on eBay, and a fantastic tight tone with some punch and low end. Compact and simple EQ, perfect. Couple it with whatever bass feels and sounds good to you and you're done for home playing. Don't get drawn in to the "snob trap" of where your gear was made or how much it costs it's irrelevant... think of your bank account first, and your ears second... the rest is gravy.
I've had all the expensive kit since I started 30 years ago, and now it's all gone, but the MIM P bass I have currently does all I want it to. 300 quid on the bay, job done. It's great. A proper bass.
My only "advice" is to have fun, enjoy music, enjoy your life and keep the bass playing simple and groovy as it was always meant to be.