If you want to store your bitcoin invest in security in bitcoin too if you don't have a budget yet go for the Hot wallets still with the electrum or Exodus.
Electrum is surely a good wallet, but Exodus is close source and I would never recommend any one to use it.
Also take note that electrum can be used as a cold wallet as well. If you can't use a hardware wallet for any reason, you don't have to use a hot wallet.